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

1210 South Indiana Avenue

MultiFamily

792,000 SF

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.

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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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