Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
HFF Arranges $150M Financing for MILA in Chicago
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.
HFF arranged $150 million in financing for MILA, a 41-story, 402-unit luxury apartment tower located along Chicago’s Michigan Avenue. The floating-rate loan was secured on behalf of a joint venture between The John Buck Company, Becker Ventures, LLC and funds managed and/or advised by Partners Group.
Completed in May 2016, MILA is situated at the northwest corner of Michigan Avenue and Lake Street. The LEED Gold-certified property comprises 402 luxury residences and 21,129 square feet of retail space, which is leased to Starbucks, Roti Mediterranean Grill and Liberty Travel.
HFF’s Danny Kaufman and Jimmy Conley represented the developer. The loan was secured through Quadrant Real Estate Advisors, and proceeds will refinance the original construction financing.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing


