Midwest Regional Office

“We are pleased to provide construction-permanent financing on this project, which will be one of the highest quality multi-family developments in the market. This transaction illustrates our ability to provide long-term financing for well structured, institutional-quality, ground-up developments, and assist sponsors in meeting both near-term construction and longer term ownership goals.”
—John Howard, Senior Director

• Construction to permanent mortgage loan financing
• 15-year term
• 102 residential units over 3-level garage and ground floor retail
• Construction completion is anticipated within 18 months; project is LEED certified
• Property amenities include: rooftop pool, hospitality clubroom, fitness center, 24/7 doorman and direct unit access from garage
• Pedestrian friendly, mixed-use neighborhood in the heart of River North/Gold Coast market
• Easy access to employment, transportation,retail and amenities

Source: REI Midwest Regional Office, December 2016.