**Canyon Partners Real Estate Provides $106.3M Refinancing for The Saint Grand in Chicago**
Canyon Partners Real Estate has provided a $106.3 million senior loan to a joint venture led by Mavrek Development for the refinancing of The Saint Grand, a multifamily property located in Chicago’s Streeterville neighborhood.
The transaction was facilitated by JLL.
The Saint Grand is a newly constructed, 21-story mixed-use tower featuring 248 market-rate apartment units, a 103-stall parking garage, and approximately 47,000 square feet of retail space. Current retail tenants include Club Studio Fitness, Wintrust Bank, and Tropical Smoothie Café.
Situated within walking distance of Chicago’s Magnificent Mile, Northwestern Medicine’s Downtown Medical Campus, and Lake Michigan, the property enjoys a prime location directly across from Whole Foods Market and within four blocks of both Trader Joe’s and Target.
The Saint Grand is a joint venture development of Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties.
