Feb
13
World’s First Triple-Flagged Hilton Lands Financing
ByThe 466-key project will rise across the street from the McCormick Place convention center in Chicago.
Chicago—HFF has arranged $78 million in construction financing for a 466-key triple-flagged Hilton hotel now beginning development across the street from Chicago’s McCormick Place convention center.
HFF worked on behalf of the developer, Michigan Cermak Indiana LLC and First Hospitality Group, to place the construction loan with The PrivateBank…