CHICAGO-The General Growth Properties Inc. headquarters' new owner has modified the Wacker Drive property's loan that amounts to $44 million. The company wants to redevelop the property situated on the riverside site.
Howard Hughes Corp. had assumed control over the owner's majority interest in the property located at 110 N. Wacker Drive as per the terms of the transaction. The Dallas-based firm brought down the loan balance to $28 million by paying an amount of $16 million. For the full story, go to Crain's Chicago Business.
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