Associated Bank has completed a $45.8 million construction loan to 2293 NMA LLC / Henry Street Partners for a multifamily property at 2293 North Milwaukee Avenue in Chicago’s Logan Square neighborhood.
The Transit-Oriented Development will be southeast of the corner of Milwaukee and California Streets, and will consist of two buildings of 11 and 12 stories respectively. Combined, there will be 217 apartment units, with 8,373 square feet of ground floor retail.
The development partnership includes Robert Buono and Paul Utigard, according to Krista Casper, senior vice president with the Commercial Real Estate division of Associated Bank, who managed the loan.
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