CHICAGO-A subsidiary of Chicago-based Bold Development LLC, the owner of an office building measuring 52,742 square feet at 215 W. Ohio St., has not paid its monthly loan since July. The owner is now trying to reorganize the $7.7-million loan and seek a buyer for the property, the former headquarters of Electronic Arts Inc.
The six-story building is now known as the Bold Gallery Lofts. The Bold venture is in discussion with C-III Asset Management LLC, the special servicer, to modify the loan. For the full story, go to Crain's Chicago Business.
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