Deutsche Bank Provides $69M Acquisition Loan For Office Property On 210 North Carpenter Street, Chicago

The recently closed transaction involved an office property located at 210 North Carpenter Street in Chicago. The property was acquired through an acquisition loan from Deutsche Bank for a loan amount of $69,000,000. The loan type for this transaction was an acquisition loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $69,000,000
• Date: 10/05/2021
• Address: 210 North Carpenter Street
• Market: Chicago
• Lender: Deutsche Bank
• Landlord: Ulrich Bäcker - Deka Immobilien

Ulrich Bäcker, representing Deka Immobilien, acted as the landlord in this transaction. They played a crucial role in facilitating the acquisition of the office property in Chicago. Deutsche Bank, as the lender, provided the significant acquisition loan amount of $69,000,000, allowing for the successful completion of the deal.