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Chicago Board of Trade Owners Refinance 90-Year-Old Building at $256 Million

Join Venture Between GlenStar Properties, Oaktree Capital Tried to Sell Iconic Building Last Year
Chicago Board of Trade owners GlenStar Properties and Oaktree Capital Management refinanced the building after they couldn't find a buyer. (CoStar)
Chicago Board of Trade owners GlenStar Properties and Oaktree Capital Management refinanced the building after they couldn't find a buyer. (CoStar)
By Jennifer Waters
CoStar News
March 15, 2020 | 6:59 P.M.

The owners of the Chicago Board of Trade wanted to sell the landmark art deco building last year at a time when investment in Chicago tumbled. That didn’t work out, so this year they did the next best thing: refinancing it.

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