CHICAGO-Almost a year to the day that Zaya Younan, chairman and CEO of Woodland Hills, CA-based Younan Properties Inc., told that he planned on pushing more into the Chicago market, he has sold his largest office here. Onni Group, based in Vancouver, purchased the 30-story 200 N. LaSalle tower for a reported $101 million.

Younan admitted he had some trouble with financing properties after the downturn, but in an April 18, 2011 interview, he said that he planned on purchase more properties in Chicago. However, Younan reportedly owed $86 million on a past-due loan for 200 N. LaSalle. Onni reportedly bought the tower through a $70 million loan through HSBC Bank.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.