Cityfront Place
CHICAGO—A joint venture of Lakewood, NJ-based Strategic Properties of North America and Mirae Asset Daewoo of South Korea has secured a $102.5-million loan for its acquisition of Cityfront Place here.
Cityfront Place is a Class-A, 39-story 480-unit waterfront high rise located along the Chicago River. Newmark Knight Frank is acting as advisors to the joint venture partners on the purchase and on the debt financing.
Recommended For You
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© 2025 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.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
