Byline Bank’s Commercial Real Estate Group (BCREG) has recently announced the successful closure of a $19.1 million financing deal for VK Industrial Holdings VI, LLC. This acquisition fund was formed through a partnership between Venture One Real Estate and Kovitz Investment Group.
The significant financing will be used to support six industrial warehouse properties located in key markets such as Chicagoland and New Jersey, both known for their thriving industrial activity. This marks the third collaboration between Byline Bank and Venture One.
Sarah Hunter, Senior Vice President of Commercial Real Estate at Byline Bank, expressed her satisfaction with this transaction stating that it aligns with BCREG’s strategy of fostering strong relationships with top real estate investors and developers. The closing of this deal highlights Byline Bank’s commitment to supporting growth in the commercial real estate sector.
