Wintrust Bank, N.A. is pleased to announce a $62,000,000 recapitalization of a recently constructed luxury apartment development located at 6701 W. Dempster Ave. in Morton Grove, Illinois, known as The Residences at Sawmill Station. The property was completed in December 2021 and features 250 well-appointed apartments, a resort-style pool, amenity package and tenant lounge.
UrbanStreet Group is a Chicago based full-service real estate firm founded in 1996 and focuses on the design and construction of multi-family residential communities complimenting commercial and grocery anchored/shadow anchored retail properties located in supply constrained in-fill markets.
Marty Langhenry and Nick Cannon led the financing for Wintrust Bank Commercial Real Estate. Wintrust Bank provides customizable lending solutions for construction, acquisition, bridge and term financing for CRE in Chicago and major markets across the United States.
