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Apartment tower along Chicago River gets refinanced for $110 million

Debt replaces loan taken out when Cityfront Place sold in early weeks of COVID-19
The Cityfront Place apartment tower along the Chicago River has been refinanced with a new $110 million loan. (Justin Schmidt/CoStar)
The Cityfront Place apartment tower along the Chicago River has been refinanced with a new $110 million loan. (Justin Schmidt/CoStar)
CoStar News
April 1, 2025 | 8:56 P.M.

Five years after buying a 480-unit apartment tower along the Chicago River in the early weeks of COVID-19, the owners have refinanced Cityfront Place with a $110 million loan.

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