Bank Of China And KKR Provide $345M Loan For Multifamily Property In Chicago

1210 South Indiana Avenue

MultiFamily

792,000 SF

Financed 1 year ago

Summary

Loan

ILLINOIS

MultiFamily

792,000 sqft

1210 South Indiana Avenue in Chicago has been the center of a recent closed property transaction. The multifamily asset, consisting of 800 units, was involved in the deal.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $345,000,000
Address: 1210 South Indiana Avenue, Chicago
Market: Chicago

The loan for this transaction was provided by Bank of China, represented by Anthony Wong, and KKR, represented by Billy Butcher & Matt Salem. The loan amount totaled $345,000,000.

Crescent Heights, represented by Casey Klein & Jason Buchberg, served as the landlord in this closed property transaction.

Players

All
1

Lenders
1

Bank of China

Details

Deal Summary

FINANCED

IMAGE: Casey Klein & Jason Buchberg DATE: 08/26/2021 ADDRESS: 1210 South Indiana Avenue MARKET: Chicago ASSET TYPE: Multifamily LENDER: Bank of China - Anthony Wong; KKR - Billy Butcher & Matt Salem LANDLORD: Crescent Heights - Casey Klein & Jason Buchberg LOAN AMOUNT: $345,000,000 UNITS: 800

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Address1210 South Indiana Avenue

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