CHICAGO—Eleven Hundred, LLC has just gotten $31.5 million of senior financing for its 30,000 square-foot retail development at 1100 N. State St., the former location of the Hunt Club.
David Pisor, the developer of the former Elysian Hotel & Residences – now the Waldorf Astoria, and Jim Lasky, the owner and founder of the 18-year old Hunt Club, are the principals of the project. Located in Chicago's Gold Coast neighborhood, the development now includes a new steak house, Maple & Ash, in place of the Hunt Club, and an 19,000 square-foot Urban Outfitters store.
Cushman & Wakefield served as the exclusive advisor in the deal. Trisha Connolly, director of Cushman & Wakefield's equity, debt and structured finance team, secured the financing, provided by Private Bank, on behalf of the developer.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
