O'Donnell lands nearly 0 million construction loan for West Loop tower
The loan underscores the improving Chicago office market. The latest downtown office tower, 155 N. Wacker Drive, opened in 2009, and Chicago's office vacancy dipped to its lowest level in five years during the second quarter, boosting prices for the …
Read more on Crain’s Chicago Business
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With No Defaults In August, Loan Default Rate Drops To 5-Month Low
With no defaults in the S&P/LSTA Leveraged Loan Index in August, the lagging-12-month default loan rate by principal amount fell to a five-month low of 3.61%, from 3.89% in July. Of course, that number is inflated by Energy Future Holdings' massive $ 19 …
Read more on Forbes
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