CHICAGO, IL – Marquette Cos. has secured a more than $100 million construction loan for the development of its 278-unit apartment tower located at 1400 Randolph St. in Chicago's West Loop neighborhood and Fulton Market district.
The senior financing was provided by Bank OZK.
Representing the developer, JLL capital markets secured a pension fund equity partner and construction loan for the project. JLL capital markets team representing the borrower was led by managing director, Matthew Schoenfeldt.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
