CHICAGO-A joint venture of Chicago-based Transwestern Investment Co. LLC and Sam Zell's Equity Group Investments LLC has secured a $60.3-million loan for the acquisition of 200 S. Wacker Drive. The joint venture purchased the 40-story office building last month from Behringer Harvard of Dallas.
Behringer Harvard keeps a stake in the office tower. Transwestern and Equity Group obtained the loan from New York-based Citibank N.A. to redeem the building's $95.5-million loan. The $60.3-million mortgage matures in June 2016. For the full story, go to Crain's Chicago Business .
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