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Owner of Chicago office tower looks to keep possession despite $370 million foreclosure suit

Beacon Capital Partners says it remains in talks to restructure debt
Beacon Capital Partners has owned the AMA Plaza office tower at 330 N. Wabash Ave. in Chicago since 2016. (Gian Lorenzo Ferretti/CoStar)
Beacon Capital Partners has owned the AMA Plaza office tower at 330 N. Wabash Ave. in Chicago since 2016. (Gian Lorenzo Ferretti/CoStar)
CoStar News
November 4, 2024 | 10:28 P.M.

The longtime owner of a 52-story office tower along the Chicago River said it wants to restructure its debt and maintain possession after being hit with a foreclosure suit over its $370 million loan.

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