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Old Posted May 16, 2012, 2:40 AM
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ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 16,384
Yeah, ballsy move for sure. Hines is a huge national player, so they have access to all sorts of global investors and not just credit-shy traditional banks.

Still, if Hines' data on the Chicago market is strong enough to convince investors to turn over $500 million, that is indeed a very good sign for the city economy.

Bring on the cranes!
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