Quote:
Originally Posted by the urban politician
Just for some perspective, this is one of the largest construction loans in Chicago's history. And it might be the largest construction loan for an adaptive reuse project in Chicago, as well as one of the largest of this sort in US history. And the lender is JP Morgan Chase, no less. A huge bet.
This is most certainly big news.
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with no big tenant signings announced, does the fact that they landed a $500m loan give credence to maybe some behind the scenes guarantees of a giant online retailer committing to the space?