Arbor Realty Trust Lends $125M on Chicago Apartments Acquisition

R.I.G. Capital has sealed $125.3 million of acquisition financing for the purchase of a 1,115-unit multifamily complex near Chicago’s O’Hare International Airport. Arbor Realty Trust supplied the loan for the developer’s $167 million acquisition of Pavilion Apartments in Chicago’s O’Hare neighborhood from Brookfield Asset Management, according to Eastern Union, which negotiated the debt. Crain’s Chicago […]