CHICAGO — JLL has arranged $44.1 million in construction financing for the joint venture developers of 310 West Huron, a 149-unit project in Chicago. The financing consisted of a $38.1 million loan provided by CIBC and $6 million in preferred equity from N3 Capital Management. Third Coast Real Estate and N3 Capital Management are the developers behind the nine-story project, which is situated in the River North neighborhood. Units will be offered as studios, one- and two-bedroom floor plans, including 11 two-story units with private patios. Amenities include a rooftop lounge with a fitness center, coworking spaces, a ground-floor coffee bar and an outdoor deck with grills. The project also features approximately 3,700 square feet of ground-floor retail space and 21 parking spaces. Construction has commenced, and completion is slated for March 2027. JLL’s team was led by Christopher Knight, Mary Dooley and Ryan Planek.
JLL has arranged debt and equity for the construction of 310 West Huron, a 149-unit community in Chicago that Third Coast Real Estate and N3 Capital Management are currently developing.
JLL Arranges $44.1M in Construction Financing for Chicago’s 310 West Huron
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