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Hines and McCaffery Interests secure construction loan for Lincoln Common

  

Co-developers Hines and McCaffery Interests secured a construction loan for the development of The Lincoln Common. JPMorgan Chase Bank led the construction financing for the development as administrative agent and co-arranger in conjunction with BMO Harris, LBBW and OCBC.

The mixed-use development was designed by Skidmore, Owings, & Merrill and Antunovich Associates. The property is at the intersection of Lincoln, Fullerton and Halsted and will include 538 apartments, 94,000 square feet of dining and retail space, 47,000 square feet of boutique loft office space and 40 for-sale condominiums. The Lincoln Common will also provide the community with 67,000-square-feet and more than 1.5 acres of open public and park space.