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$45M Loan Secured for Hartman Building

February 20, 2018

The long-planned restoration of the downtown Hartman Building into a multifamily property came closer to fruition when broker Walker & Dunlop announced a HUD loan for $44.6 million. Developer Cedar Street Companies has been planning to convert the circa 1926 office building into 176 market-rate apartments. Cedar Street has renovated several other historic Chicago buildings into multifamily properties.

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