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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..

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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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