Investor buys distressed West Loop office landmark at steep discount

The 12-story building at 300 W. Adams St. was sold last week for 89% less than it was worth just more than a decade ago.

West Loop office tower sells for steep discount - Chicago Business ...

The sale marks a steep discount for the 29-story, 707,000-square-foot office tower in the West Loop, which last sold to Accesso Partners in 2014 ...

West Loop Landmark In Shadow Of Willis Tower Sells For Nearly 90 ...

An investor purchased a distressed office building across the street from the Willis Tower for an 89% discount compared to the property's value a little over a ...

Investor buys distressed West Loop office landmark at steep discount

A local investor last week bought a distressed office building across the street from Willis Tower for 89% less than it was worth just more ...

Igor Gabal on LinkedIn: Investor buys distressed West Loop office ...

Igor Gabal's Post · Investor buys distressed West Loop office landmark at steep discount · Explore topics · Sign in to view more content · Welcome ...

News | Chicago Office Tower Sells at Massive Discount, Spotlighting ...

Investor Igor Gabal Pays $4 Million for Half-Vacant, 12-Story Building in Loop Business District.

Florida firm nears discount deal for distressed Loop office tower

FRI Investors is in talks to buy the skyscraper at 70 W. Madison St. for 74% less than it traded for a decade ago.

Distressed Chicago Office Tower Sells to Investor at Huge Discount

A venture of Chicago-based investor Igor Gabal has acquired the 12-story West Loop office building at 300 West Adams Street for $4 million.

Blackstone, New York Life List Distressed Chicago Office Assets

CBRE brokers have been hired to sell the 517,500-square-foot building at 444 North Michigan Avenue as part of a “lender directed sale” on behalf ...

Congress eyes business, child tax break deal | Office landmark sold ...

2. Investor buys distressed West Loop office landmark at steep discount. The 12-story building at 300 W. Adams St. was ...

West Loop Landmark in Chicago Trades for 90% Discount - Globest

Morgan Stanley offloads 96-year-old office building in downtown Chicago for $16 per SF.

FRI Investors strikes $100M deal for distressed 70 W Madison

FRI Investors has a deal to buy the distressed 70 W. Madison St. in downtown Chicago for $100 million, a massive discount.

Office tower in Chicago's Loop gets handed back to lender - CoStar

The 46-year-old building is the latest example of office towers either selling at a steep discount from previous prices or owners walking ...

Distressed Chicago Office Properties Offered at Sharp Discounts ...

Kennedy Wilson has provided a $175 million construction loan for the development of the 595-unit Artwalk Towers apartment property in Jersey ...

Chicago Office Tower Known for Diamond-Shaped Top on Skyline ...

... west Loop and suburban office properties are probably more like a 50-90% discount. ... distressed real estate. Trust me, the politicians here ...

Cygnet West on LinkedIn: Lester Group Acquires prime Subiaco ...

PRP Real Estate Investment acquired one of Washington, D.C.'s prominent #office properties for $323 million, marking the largest transaction to ...

January 2024 Commercial Real Estate News & Trends - Bisnow

2024 Stories · Office Loan Delinquencies Surge To 6.5% To End 2023, Hotels Not Far Behind · Nightingale CEO Elie Schwartz Pays Back $3M Of ...

CITY OF SAMMAMISH

... Office (RCO), which administers a variety of outdoor recreation and ... west of the Cascade Mountains in the Puget Sound region, about 20 miles east ...

2023 - Mid-Year Perspective On Chicago Real Estate Market

“We're seeing these investors taking risk … even buying offices … as they attempt to get the early and best deals,” she said. Institutional ...

Real Estate Alert - Green Street

Investors have been told the investment-grade tenancy pro- vides stability, while rent bumps provide income growth. MetLife developed Warren ...