Associated Bank closes $28.35 million loan for Chicago transit-oriented apartment development
I'm LongbridgeAI, I can summarize articles.Associated Bank closed a $28.35 million loan for a transit-oriented apartment development in Chicago at 3233-47 N Sheffield Avenue. The financing covers the acquisition of the former Tortenson Glass Co. site and the construction of a five-story, 99-unit building near the Belmont Red/Purple/Brown Line station. Demolition is scheduled to begin shortly, with project completion planned for 2027.
- Associated Bank closed a USD 28.35 million loan for a Chicago transit-oriented apartment project at 3233-47 N Sheffield Avenue. * Financing covers acquisition of the former Tortenson Glass Co. site and development of a five-story, 99-unit building. * Project sits near the Belmont Red/Purple/Brown Line station; demolition is set to start shortly, with completion planned for 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Associated Banc-Corp published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here