Davis, a Boston investment manager, had acquired a defaulted loan against the suburban Chicago complex in 2011 and took the property a year later through a deed-in-lieu of foreclosure. It spent about $15 million to acquire the loan, whichwas securitized ...
Carey financed the deal with a $36.5 million loan from Wells Fargo Bank.
Bank of America provided the buyers with $6.1 million of financing. The floating-rate mortgage matures in three years.
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