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Tishman Speyer Completes $340M Refinancing of West Loop Office Complex

Tishman Speyer has refinanced The Franklin, a two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan. The loan was led by JPMorgan with Bank of America and Deutsche Bank servin

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Summary

Tishman Speyer has refinanced The Franklin, a two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan.

The loan was led by JPMorgan with Bank of America and Deutsche Bank serving as co-lenders.

Proceeds from the five-year floating rate loan, structured with a two-year initial term and three 12-month extension options, will...

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