A lender has seized the same 24-story office building near Chicago’s Magnificent Mile for the second time in 2 ½ years in an extreme example of challenges in the real estate financing market.
Lender Seizes Same Chicago Office Building for Second Time Since 2021
Latest City Deed in Lieu of Foreclosure Ends Planned Residential Conversion of 24-Story Tower
By Ryan Ori
CoStar News
April 24, 2024 | 9:46 P.M.
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