Cain International Provides $117M Loan For Condo Complex In Chicago

A $117 million loan has been secured for a condo property located at 234 West Polk Street in Chicago. The property consists of 440 units spread across 7 acres. The loan was provided by Cain International, with Matthew Rosenfield representing the lender.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $117,000,000
• Address: 234 West Polk Street
• Market: Chicago
• Number of Units: 440
• Land Area: 7 acres

The landlord of the property is Lendlease & Aware Super. The loan amount of $117 million will contribute to the financing of this condominium asset. This transaction demonstrates the confidence and investment in the Chicago real estate market.