Natixis Finances $270 Million Fixed-Rate Loan on JW Marriott Chicago

New York, État de New York, États-Unis, August 21, 2017

Natixis provided a $270.0 million 5-year, fixed-rate loan to a subsidiary of UST XIX 208 S LaSalle, a German real estate investment fund managed by affiliates of Estein USA based in Orlando, Florida. The loan was made to refinance the JW Marriott Chicago, a premier luxury hotel located within in the Loop of Downtown Chicago.

Originally, the property served as the Continental & Commercial National Bank Building, designed by noted architect Daniel Burnham, in the early 1900s. The first 12 floors of the building were transformed into a 610-room luxury hotel in 2010. The JW Marriott Chicago features 45,000 sf of meeting space, a 20,000 sf world-class spa and fitness center and a full service seasonal Italian restaurant.

The financing was arranged by Danny Kaufman and Jeff Bucaro of HFF in Chicago.

To secure its communication, contents are certified on the blockchain using Wiztrust