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

1210 South Indiana Avenue
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This MultiFamily property located in IL received a loan of $345,000,000 over 2 years ago.

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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Deals
  • Location
    1210 South Indiana Avenue, Chicago, IL 60605, USA1210 South Indiana Avenue, Chicago, IL 60605, USA
  • Loan Value
    $345,000,000$345,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Lender1 Lender

Bank of China

Bank of China

Lender
Deals15
Volume$ 331.7B

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Deal Summary

LOAN 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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