Regions Midwest | Chicago
GE Provides $100M to Recapitalize 330 Wabash in Chicago
April 28, 2008

GE Real Estate has announced it provided a $100 million on-book bridge loan to an affiliate of Prime Group Realty Trust to recapitalize and reposition 330 N. Wabash, a Class A office building located in the River North area of Chicago, Ill. Along with GE Real Estate’s initial funding of $50 million, ING Investment Management, a global financial services conglomerate, provided a first mortgage of $88 million.

 
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