Russland Gives Back Keys to Chicago Multifamily it Developed
An Ares affiliate took back the keys to a South Loop apartment complex that Russland Capital developed after Russland defaulted on $80 million.
Source: therealdeal.com
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Distressed Loop office building poised for apartment conversion
A New York-based firm plans to turn part of the 94-year-old office building at 65 E. Wacker Place into residences, betting demand for downtown apartments will continue to soar.
Source: chicagobusiness.com