EVANSTON, IL-Evanston-based Arthur Hill & Co. has secured arefinancing loan worth $40.3 million on its Church Street Plaza, aretail center located at 921 Church St. in Evanston from BuchananStreet Partners, a Newport Beach-based firm.
The fresh loan will swap a $39 million loan taken by the companyfive years ago, which got matured in August 2010. Under the termsof refinancing, the property was valued more than its 2005appraisal of $52.1 million. For the full story, go toCrain's Chicago Business.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
