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Towering NEMA Chicago gets refinanced for $332 million

Owner Crescent Heights previously explored sale of 76-story building
The 76-story NEMA Chicago apartment tower has been refinanced with $332 million in new debt. (Emilia Czader/CoStar)
The 76-story NEMA Chicago apartment tower has been refinanced with $332 million in new debt. (Emilia Czader/CoStar)
CoStar News
July 13, 2026 | 9:27 P.M.

The owner of Chicago’s tallest all-rental residential tower has landed $332 million in new debt, topping a run of other recent refinancing deals in the city.

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