Hines, in partnership with AFL-CIO Building Investment Trust (advised by DWS Group), Magellan Development Group and the Joseph P Kennedy Trust, has secured $141.817 million in refinancing for Wolf Point West, a best-in-class luxury multifamily property in Chicago's River North neighborhood.
Wolf Point West, located at 343 W. Wolf Point Plaza, sits on the Wolf Point peninsula at the confluence of the three branches of the Chicago River. The property offers pedestrian access to the Hubbard and Kinzie Street entertainment and retail corridors. The site offers connectivity to Chicago’s business districts, with more than 25,000 jobs in its immediate vicinity, including the newly completed Salesforce Tower Chicago next door.
Wolf Point West, delivered in 2016, is a 48-story residential tower offering 509 luxury rental units across 379,264 square feet. This LEED Silver-certified building features views of the city, with units featuring open floor plans with floor-to-ceiling