Tandem Development Secures $114M Loan For Mixed-Use Properties In West Loop & River West Chicago

A mixed-use property located at 1044 W. Van Buren and 730 N. Milwaukee Ave in the West Loop and River West markets of Chicago has recently secured a loan. The property, which encompasses both commercial and residential spaces, was involved in a closed transaction. The loan amount for this deal is valued at $114,020,000.

Summary of Transaction Details:

• Property Type: Mixed-use
• Transaction Amount: $114,020,000
• Date: 05/09/2022
• Address: 1044 W. Van Buren & 730 N. Milwaukee Ave
• Market: West Loop & River West, Chicago
• Lender: Draper and Kramer’s Commercial Finance Group (CFG) - Matt Wurtzebach, Jeff Ross & Kevan Brisoce
• Landlord: Tandem Development

Leading the loan deal for Draper and Kramer’s Commercial Finance Group are Matt Wurtzebach, Jeff Ross, and Kevan Brisoce. Tandem Development serves as the landlord for this mixed-use property in the West Loop and River West markets of Chicago.