Ranquist secures loan for Lincoln Park mixed-use project


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Ranquist secures loan for Lincoln Park mixed-use project – Ranquist Development Group has secured a construction loan for its planned 30-unit apartment building with a retail component in Lincoln Park. CIBC provided the $19 million loan for the six-story.

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Join us on Instagram.Ranquist secures loan for Lincoln Park mixed-use project HFF secures construction loan for OR Mixed-Use Asset. Multi-Housing News. July 6, 2018.. Project plans also call for 7,500 square feet of retail space on the first floor and 78 parking spaces.

The loan-the biggest local construction mortgage since the builders of a luxury Lincoln Park condo reeled in $170 million three years ago-will end an agonizing six years since a development.

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Real Estate for Breakfasts’s Phil Coover sits down for a cup of coffee with Dan McCaffery of McCaffery Interests. Dan explains how he went from a college student in Canada to running a hugely successful real estate development and full service real estate firm in Chicago, Illinois, that has successfully completed over $2 Billion of commercial real estate developments.

View Bret Gray’s profile on LinkedIn, the world’s largest professional community.. District House is a $19.7 million mixed-use project featuring 28 artful urban residences in the heart of Oak.

based REIT, however, announced the deal’s termination in January, as it could not secure. project is now on hold, and a KBR spokesperson said the project will not go forward until market conditions.

Mixed use loans are a great way to finance the purchase of mixed use buildings and mixed use developments. However, there are many options when it comes to mixed use financing. To help you better understand your options, we’ve compiled a table with the costs, terms, and qualifications, as well as discuss each loan-type in-depth below.

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Posts about Development written by ChicagoismynewBlog! (Crain’s) – Developers of a proposed luxury condominium complex overlooking Lincoln Park are slashing the number of units by nearly a third in a bid to break through the locked-up market for large construction loans.

HFF secures $80M refinancing for Hoboken, N.J., luxury multi-housing community florham park, N..J.-HFF has secured an $80. of more than $1 billion of residential, hotel and mixed-use properties in.