Marquette Companies secured a $56 million bridge loan on the Water Street District, a mixed-use development on the Naperville riverfront.
Voya Financial provided financing for the Naperville-based developer’s 175,000-square-foot project, which includes a 158-key Hotel Indigo, restaurants, retail, a parking garage and planned office space, according to Connect Media.
The project was 10 years and $93 million in the making, the Daily Herald reported last year after a dedication of the development.
The financing from Voya was arranged by Berkadia’s Hotels and Hospitality group.
Recommend0 recommendationsPublished in