Cityfront Place is a Class-A, 39-story 480-unit waterfront high rise located along the Chicago River. Cityfront Place

CHICAGO—A joint venture of Lakewood, NJ-based StrategicProperties of North America and Mirae Asset Daewoo of South Koreahas secured a $102.5-million loan for its acquisition of CityfrontPlace here.

Cityfront Place is a Class-A, 39-story 480-unit waterfront highrise located along the Chicago River. Newmark Knight Frank isacting as advisors to the joint venture partners on the purchaseand on the debt financing.

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John Jordan

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