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HFF Lines Up JV Equity for Fifield’s Logan Square Apartments
HFF’s Danny Kaufman and Mary Dooley have arranged joint venture equity financing for the development of Logan’s Crossing, a 220-unit, two-building mid-rise apartment building in Logan Square. The HFF team arranged the joint venture equity partnership between the developer, Fifield Companies, and an institutional investor.
Terms of the deal were not disclosed. The land seller, Terraco Real Estate, remains in the deal as a co-developer.
Logan’s Crossing is being developed on the site of the former Megamall at the southwest corner of North Milwaukee and North Sacramento avenues. Due for completion in the fourth quarter of 2019, the property will total five and six stories of combined residential and retail space.
The residential component will be situated above approximately 62,000 square feet of retail space anchored by a Neighborhood Target store. The Target will be one of the retailer’s small-format locations and will total about 27,000 square feet.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Development

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