Holladay Properties has broken ground on Lilac Station, a 118-unit apartment property in Lombard, Ill. The South Bend, Ind., development and management firm is building the $30 million project at the corner of Main Street and Parkside Avenue, about 23 ...
The property backs a $21.5 million loan.
96.5 percent occupied.
84 percent occupied. Aurora National Life Assurance provided a $22.05 million loan for the acquisition.
88 percent occupie. The buyer financed its purchase with a $31 million mortgage provided by JPMorgan Chase Bank.
90 percent occupied.
97 percent occupied.
About 620,000 sf the property serves as collateral for $81.82 million of debt that was securitized through Citigroup Commercial Mortgage Trust, 2004-C1. The debt has a 4.63 percent coupon and matures in May 2014.