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This Chicago multifamily landlord is latest to refinance rather than sell

LG Development Group lands nearly $125 million in new debt for Fulton Market tower
LG Development Group has refinanced the Arthur at Aberdeen apartment tower in Chicago's Fulton Market. (Brett Bulthuis/CoStar)
LG Development Group has refinanced the Arthur at Aberdeen apartment tower in Chicago's Fulton Market. (Brett Bulthuis/CoStar)
CoStar News
July 8, 2026 | 6:17 P.M.

The developer of a 363-unit apartment tower in Chicago’s high-demand Fulton Market has landed a new loan for almost $125 million after previously exploring a sale.

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