Real Estate investors Mission Capital Advisors, LLC obtained a $44M contruction loan on behalf of the joint local venture charged with developing the boutique hotel and social club Soho House Chicago.
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W E S T L O O P C H I C A G O D E V E L O P M E N T N E W S 14
Soho House Lands Construction Loan For
Green Street Project
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Real estate capital markets advisory firm Mission Capital Advisors, LLC obtained a $44M contruction loan on behalf of the joint local venture charged with developing the boutique hotel and social club Soho House Chicago. The building is already in the developers' hands. The loan was secured Wednesday, per a press release, and means that conversion of the former Chicago Belting Factory warehouse at 113125 N. Green near Randolph can move steadfastly toward a Summer 2014 completion. On the menu for the 6story hotel:
40 luxury rooms, spa, rooftop pool, gym, 40seat screening room, three restaurants, and a glassenclosed rooftop bar. This will be UKbased Soho House's third U.S. location. We'd say this is a transformative moment for the West Loop, but that'd be ignoring 25 years of
transformative moments.
·Fulton Market the Likely Recipient of a Soho House Hotel [Curbed Chicago]
·Soho House Confirms 2014 Opening With 3 Restaurants [Eater Chicago]
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113125 N Green St., Chicago, IL
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