Wanxiang America Real Estate Group, which owns Prudential Plaza in Chicago, had ponied up $40 million of fresh equity to win a two-year term extension of the $385.55 million CMBS loan against the 2.3 million-square-foot office complex.
The post Wanxiang Funded $40Mln of Fresh Equity to Get Term Extension on Pru Plaza Loan appeared first on Commercial Real Estate Direct.
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