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Home/News Feed/NEMA Chicago secures $332M refinancing and mezzanine loans, boosting luxury rental market in Chicago.
JLL
$320.00
-$4.44 -1.37%

NEMA Chicago secures $332M refinancing and mezzanine loans, boosting luxury rental market in Chicago.

Market News
13 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

NEMA Chicago, a 76-story luxury residential tower, secured $275 million in refinancing and $57 million in mezzanine financing through JLL, with loans from New York Life Insurance and PGIM. Located in downtown Chicago, NEMA offers 800 high-end units with extensive amenities and has benefited from a strong multifamily market marked by low vacancy and rising rents. This financing supports Crescent Heights' continued investment in premium urban rental properties amid Chicago's robust demand for luxury apartments.

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JLL arranges $352M refinancing for prime NYC office tower at 425 Lexington Avenue.

JLL arranges $352M refinancing for prime NYC office tower at 425 Lexington Avenue.

JLL's Capital Markets group secured a $352 million refinancing deal for 425 Lexington Avenue, a 31-story Class A office tower in Midtown Manhattan. The refinancing, arranged for Vanbarton Group through Goldman Sachs and funded by BlackRock, highlight...

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