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Mavrek Development Joint-Venture Closes $101 1 Million Construction Loan for Mixed-Use Multifamily Development in Chicago

CHICAGO, IL - A co-development and joint venture between Mavrek Development, GW Properties, Luxury Living Chicago Realty, and Double Eagle Development has closed on $102.2 million construction financing with MSD Capital. The joint venture combines a collective track record for success in developing mixed-use multifamily real estate across the Midwest. “We are excited to get this project financed and begin construction,” said Adam Friedberg, Partner at Mavrek Development..

Joint Venture Group Announces Plans for 248-Unit Mixed-Use Multifamily Development in Chicago s Streeterville Neighborhood

CHICAGO, IL - A co-development and joint venture between Mavrek Development, GW Properties, and Luxury Living Chicago Realty announce plans for a mixed-use development in the heart of Chicago’s Streeterville neighborhood. Designed by NORR, the property includes 248 Class A luxury apartments, 40,000 square feet of office, and 8,000 square of street-level retail on the northeast corner of E Grand Avenue and N St Clair. The apartments are located at 218 E. Grand Ave., steps from Michigan.

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