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Blackstone’s $343 Million Loan on Chicago Skyscraper Defaults (opens original article in a new tab)

TL;DR

Blackstone's $343 million loan on a Chicago skyscraper has defaulted, highlighting ongoing challenges for landlords as commercial real estate values in the city remain low following the pandemic.

  • Blackstone's $343 million loan on a Chicago skyscraper defaults
  • Chicago commercial real estate values declined post-pandemic
  • Landlords continue to face challenges in commercial real estate

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