JLL has successfully arranged a $113.75 million loan for K2 Apartments, a luxury high-rise complex in Chicago’s West Loop neighborhood. The borrower, Georgetown Company, was represented by JLL’s Debt Advisory team led by Senior Managing Director Danny Kaufman.
The seven-year fixed-rate loan was secured through Freddie Mac and will be serviced by JLL Real Estate Capital LLC as an Optigo Lender. The property is conveniently located near major highways and within walking distance of the central business district with easy access to public transportation.
K2 Apartments at 365 N Halsted St offers 496 units ranging from studios to three-bedroom apartments across its 34 stories. Constructed in 2013, this Class-A building provides residents with modern amenities and is situated in the popular Fulton Market District just west of the Chicago River.
