RIVER WEST ACQUIRES $20.1M MORTGAGE FOR CHICAGO LOFT BUILDING

CHICAGO — Sue Blumberg of NorthMarq Capital's Chicago office has arranged $20.1 million for the first mortgage refinancing of River West Lofts, located at 901 W. Huron in Chicago. The 151,480-square-foot residential loft building contains 158 units. Freddie Mac provided the 10-year loan for the borrower, River West Development. The loan has a 30-year amortization schedule.