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February 01, 2019  

Chicago Office Loan Divided 4 Ways

Three lenders have taken slices of a $230 million mortgage that Societe Generale wrote in November on a Chicago office property.Bank of China, Bayerische Landesbank and Deutsche Pfandbriefbank bought into the loan on the 1.1 million-square-foot building, at 161 North Clark Street. The sizes of their positions couldn’t be learned. The floating-rate debt has a seven-year term. SocGen wrapped up the syndication within the past couple of...

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