The building, at 21 Clark Street, is currently undergoing a $100 million renovation. Kayne Anderson bought the 15-story apartment building for $200 million last November and announced plans to create a luxury senior housing facility. The new debt replaces a $106.7 million loan from Wells Fargo. The lender for the new mortgage, Chicago-based BMO Harris Bank, assumed the existing loan on the property and provided a $52.9 million construction loan and a $40.4 million project […]
source https://therealdeal.com/2018/08/03/kayne-anderson-lands-200m-loan-for-former-jehovahs-witnesses-building/
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