In March 2018, Emerald Creek Capital provided a $10,700,000 refinance in the Streeterville neighborhood of Chicago, IL. The subject property is a boutique hotel comprised of 63 guest rooms. Reaching 16 stories high, the hotel offers a stylish interior design, spacious rooms, and modern amenities. Guests enjoy spa services and dining options including a rooftop lounge in the summer months. Bordered by the Chicago River and Lake Michigan, Streeterville is home to historic districts and landmarks, best-in-class restaurants, and distinguished institutions such as Northwestern University and Loyola University. The hotel is centrally located steps from the famed “Magnificent Mile”, Chicago’s premier shopping district. The subject property benefits from access to multiple bus lines and the subway at Grand Avenue.
For more information, please contact:
Jeff Seidler, Managing Director