Retail V Michigan
Fighting off the mallpocalypse

Fighting off the mallpocalypse

In 2017, a new report released by Credit Suisse gave voice to the fears that retailers and real estate professionals have been murmuring about for quite some time. According to the report, approximately 20 percent to 25 percent of all American malls will be shuttered inside of five years.

Retail N Illinois
Associated Bank completes $14.5M loan for Woodfield-adjacent retail project

Associated Bank completes $14.5M loan for Woodfield-adjacent retail project

Associated Bank has completed a $14,505,000 refinance and construction loan for a multi-tenant retail project of Shorewood Development Group. The project, Woodfield Gatherings, will consist of three buildings totaling 30,074 square feet at 1701-1741 E. Golf Road on the ring-road surrounding Woodfield Mall in Schaumburg, IL. The parcel was formerly a parking lot for a JC Penney store.