Castellan Real Estate Partners Provides $10M Purchase Loan For Chicago Office Property

The office property located at 1101 W. Lake St. in Chicago has been involved in a recent closed loan transaction. The property spans approximately 40,000 square feet and was the subject of a purchase loan.

Summary of transation details

• Property Type: Office
• Transaction Amount: $10,000,000
• Loan Type: Purchase
• Lender: Castellan Real Estate Partners
• Broker: Elliott Kunstlinger - Meridian Capital Group

Elliott Kunstlinger from Meridian Capital Group represented the parties involved in this transaction. The loan amount for the purchase of the office property was $10,000,000. Notably, the deal was swiftly closed within a 48-hour timeframe.