JLL Arranges $142M for Luxury River North MF Property

JLL has arranged a $141.817 million refinancing for Wolf Point West, a luxury multifamily property in Chicago’s River North neighborhood. JLL represented the borrower, Hines, in partnership with AFL-CIO Building Investment Trust (advised by DWS Group), Magellan Development Group and the Joseph P. Kennedy Trust, to secure a three-year, floating-rate loan from New York Life Insurance...