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Article: Kinzie Station Secures $29.8 Million Loan.

Article from:
PR Newswire
Article date:
February 11, 1999
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CHICAGO, Feb. 11 /PRNewswire/ -- Kinzie Station, a new-construction residential high rise development of Chicago-based CMC Heartland Partners, has finalized a $29,800,000 loan from Corus Bank, N.A., a subsidiary of Corus Bankshares, Inc. (Nasdaq: CORS).

Kinzie Station, located in Chicago's Fulton River District, is a multi-phased development, the first phase to include a 25-story, 163 unit condominium building, a mid-rise building, and townhomes. As the first new construction high rise in the Fulton River District, Kinzie Station broke ground in October of 1998 and is scheduled for delivery in February of 2000. The development is more than 50 percent sold.

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