Gaw Capital And Button Capital Landlords Secure $65 Million Refinance Loan For Chicago Hotel

The property asset involved in this transaction is a hotel located at 113-125 North Green Street, Chicago. The asset encompasses a total square footage of 120,000 and features 40 keys. The loan amount secured for this refinance transaction is $65,000,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $65,000,000
• Address: 113-125 North Green Street
• Market: Chicago
• Square Footage: 120,000
• Keys: 40
• Lender: Joseph Tufariello - Barclays
• Landlord: Dan Lee - Gaw Capital & Justin Ng and Jerry Tang - Button Capital
• Broker: Aaron Appel, Keith Kurland, Adam Schwartz, Jonathan Schwartz, Ari Hirt & Christopher de Raet - Walker & Dunlop
• Loan Type: Refinance

The deal involves key individuals from various entities, including Joseph Tufariello representing Barclays as the lender. The landlords for the property, Dan Lee of Gaw Capital, along with Justin Ng and Jerry Tang of Button Capital, play significant roles in this transaction. The brokerage team from Walker & Dunlop includes Aaron Appel, Keith Kurland, Adam Schwartz, Jonathan Schwartz, Ari Hirt, and Christopher de Raet, who were instrumental in facilitating the deal.