East Loop office landlord hit with $62 million foreclosure lawsuit – Crain’s*

55 E. Jackson Blvd. The owner of an East Loop office building where DePaul University left behind a big office during the COVID-19 pandemic is facing a nearly $62 million foreclosure lawsuit, adding to the deep pool of distress ailing the downtown office market.
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Mark F
1 year ago

Mayor Brandon Johnson, leading the Loop down the drain!

9mm
1 year ago

Like LaSalle St, it’s time to re-imagine affordable housing in the Loop again.

debtsor
1 year ago

All of downtown will be in foreclosure soon enough. There’s such little interest in businesses returning downtown again. Especially that area of the loop, near that grimey gross McDonalds, with constant bum and homeless activity, little light, it’s very dirty and loud from the El.

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