Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Downtown  + Finance  | 
Bellwether Enterprise's Dan Rosenberg arranged a $55-million refinancing on Avra West Loop, a luxury apartment complex in Chicago

Bellwether Arranges Refi on Luxury West Loop Apartments 

Bellwether Enterprise (BWE) arranged a $55-million refinancing of Avra West Loop, a newly constructed, 198-unit luxury apartment complex located at 1125 W Van Buren St. In downtown Chicago’s West Loop.  

Dan Rosenberg, EVP in BWE’s Chicago office, originated the fixed-rate, intertest-only loan from a life company on behalf of the borrower, Tandem, to pay off an existing construction loan at a competitive interest rate. 

Avra offers studio, one-, two- and three-bedroom units, all of which feature keyless entry, high ceilings, floor-to-ceiling windows, wide-plank flooring and smart thermostats. Building amenities include a 24-hour fitness center, coworking spaces and a wrap-around rooftop terrace with panoramic city views. 

Connect

Inside The Story

Bellwether's Rosenberg

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
New call-to-action
Money360-15-cube
New call-to-action
Chase-12-cube