"This is a nice opportunity for the borrower to upgrade the property," notes Mark Neibch, a relationship manager for GE Capital. Since 1995, Fifield Realty Corp. has developed six major projects in the Chicago market, with such institutional partners as the Prudential, Citicorp/Travelers and ING. Currently it is at work on Concorde Place, a 928,000-sf building in Chicago's CBD. ING Realty Partners is a $540 million opportunity fund affiliated with the Dutch giant ING Group.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
