Chicago Business

JPMorgan takes big loss in Streeterville apartment sale

JPMorgan takes big loss in Streeterville apartment sale

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Tuesday, April 02, 2024
850 N. Lake Shore Drive

JPMorgan takes big loss in $80 million Streeterville apartment sale

Commercial properties of all stripes have lost value amid the Federal Reserve's interest rate hikes, and downtown apartment buildings continue to be no exception.

 
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