Chicago
Sep 8, 2023
601W’s East Loop trophy Aon Center tumbles 47% in value
Appraisal puts bigtime landlord underwater, with large balance remaining on $536M senior loan plus additional mezzanine debt
Victor Gerstein
Chicago
Jun 6, 2023
Big lease expansion on Wacker Drive could ease pressure on 601W
Landlord’s $310M debt package on 43-story tower started to concern credit raters
Chicago
Feb 28, 2023
Aon Center loan heads to special servicing
LNR Partners claims borrower 601W didn’t get lender’s approval of a lease deal with Blue Cross