Chicago’s Salesforce Tower nears $610 million refinancing
- Joseph K
- Mar 14
- 1 min read
Half a decade after breaking ground on a 60-story office tower along the Chicago River in the opening weeks of a global pandemic, the owners of Salesforce Tower are close to finalizing $610 million in long-term debt.
Developers are expected to close March 27 on commercial mortgage-backed securities debt on the trophy tower, a property with a long-term valuation of $888 million, according to a presale report on the debt offering from Moody’s Ratings.
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