Chasen Companies defaulted on the project’s $34 million loan last year, and his lender moved to take over the Beaux-Arts ...
Lagfin and R2 Cos. broke ground on 79 W. Monroe, the first LaSalle Street office-to-residential project to get started.
The joint venture purchased the 69-year-old office building in 2014 for $900 million, having taken out a $700 million loan from Morgan Stanley, which was split into the $525 million CMBS loan and $175 ...
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