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GSP Development Refis Apex 41 Project in Lombard

The Des Plaines, IL-based commercial real estate firm secured the financing from PCCP, LLC of New York City. The loan will repay the existing construction loan and provide additional time for lease-up and stabilization of the five-story 181-unit luxury apartment property.

Apex 41, Lombard, IL Apex 41, Lombard, IL

LOMBARD, IL—GSP Development has secured a $33.1-million senior loan to refinance its Apex 41 multifamily development here.

The Des Plaines, IL-based commercial real estate firm secured the financing from PCCP, LLC of New York City. The loan will repay the existing construction loan and provide additional time for lease-up and stabilization of the five-story 181-unit luxury apartment property.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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