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Associated Bank Provides Loan for South Shore Multifamily Deal
Associated Bank recently completed a $1,360,000 loan for 312 Properties for the acquisition of a three-story, 13-unit residential building. The property is located at 6700 S. Clyde Ave. in the South Side’s South Shore neighborhood.
The property was previously subdivided as condominiums but operating as an apartment building. At closing, the buyer acquired all the units from the seller and converted the building to a multifamily designation.
SVP Elizabeth Hozian of the commercial real estate division of Associated Bank managed the loan and closing.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Sale/Acquisition
