Riverside refinances 150 North Riverside office tower with $470M loan

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Riverside Investment & Development took out a $470 million loan on its 54-story office tower at 150 North Riverside Plaza, the second time the developer refinanced the property in just over a year.

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Borrower: 150 North Riverside TitleHolder LLC The owners took out a $296 million construction loan in March 2016 to build the gleaming skyscraper on the west bank of the Chicago River at the.

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Designed by Goettsch Partners, 150 North Riverside will rise on the eastern edge of a two-acre site on the west bank of the Chicago River. The building will feature 1.2 million square feet of leasable office space, but due to its unique superstructure design, will only encompass 25 percent of the lot.

Developer refinances 150 N. Riverside. Danny Ecker Tweet. borrowed $470 million against the 53-story tower at 150 N. Riverside, Cook County property records show.. construction loan for the.

In the process Guaranteed Rate, based in loft space in Chicago’s North. now by a refinancing boom fueled by historically low interest rates, Guaranteed Rate’s growth stands out because it’s.

150 North Riverside is a 54-story office building, designed by the Chicago architecture firm Goettsch Partners, between Lake Street, Randolph Street, and the Chicago River. Right next to it, on the north side of Lake Street, is River Point, a 52-story office tower at 444 West Lake Street designed by Pickard Chilton. Being developed by Riverside.

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It pays to shop around for refinance rates in Riverside, CA. Get free quotes from multiple mortgage refinance lenders to find a competitive rate for your home loan.

Mortgage applications fell last week, reflecting a plunge in demand for home refinancing loans as interest rates surged to their. is buying the City Parkway office towers in Orange from Maguire.

The San Francisco-based bank will pay $100 million to the Consumer Financial Protection Bureau, $35 million to the Office of the Comptroller of the. The category that includes auto and student.