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Affinius Capital Provides $130M Construction Loan for Chicago Multifamily Tower

A joint venture between Mavrek Development and Fengate Asset Management has secured $130.4 million in construction financing to build a 25-story, 380-unit multifamily tower in Downtown Chicago, Commer

Summary

A joint venture between Mavrek Development and Fengate Asset Management has secured $130.

4 million in construction financing to build a 25-story, 380-unit multifamily tower in Downtown Chicago, Commercial Observer can first report.

Affinius Capital provided the debt, while CBRE’s John Parrett arranged the transaction. David Greenburg, managing director and co-head of debt origination at Affinius […]

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