Pacific Reach Properties pays $121M for Loop resi tower

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Pacific Reach Properties bought a Loop apartment tower, its first acquisition in the lucrative Chicago rental market. The Vancouver-based private equity firm paid $121 million for the Linea apartments.

"Pacific Urban Residential is proud to be associated with the Canary Challenge. All of us are touched by cancer. family, friends, business associates. We are honored to ride, run and walk to raise funds to fight this insidious disease.

Real Estate. Pacific Reach’s Real Estate Division is a full-service, vertically-integrated real estate investment firm. With more than three decades of experience in acquiring, enhancing, and professionally operating multi-family and commercial properties throughout North America.

Aetna Inc. leased 85,000 square feet in the tower and will move from Sunrise. California-based Pacific Western Bank. Lidia Dinkova covers south florida real estate for the Daily Business Review..

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JPMorgan Chase Commits $15 Million to Expand Economic Growth in Detroit’s Neighborhoods JPMorgan Chase has committed $15 million to support Detroit’s neighborhoods to help more Detroit residents benefit from the city’s continued economic recovery. As part of JPMorgan Chase’s $150 million, five-year commitment to Detroit, this new investment, which combines a $10 million, long-term, low-cost loan and $5 million in philanthropy, is expected to expand economic opportunity in these neighborhoods.

Plantation Walk obtained a $121.3 million loan to help pay for the next stage of development – 404 apartments and more than 134,000 square feet of retail.

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Parq Vancouver Misses Debt Payment as Casino Seeks to Refinance The Parq Vancouver, a luxury casino complex that opened to fanfare in 2017, is seeking to refinance its debt amid increasing financial pressure and missed debt payments. Andrew Hood, an equity.

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