801 S Canal
Status
Closed A redevelopment opportunity including a 680,000 sf office building, several levels of underground parking, and an adjacent 90,000 sf parking lot in the southwest loop of downtown Chicago.
Location
Chicago, IL
Investment Strategy
Opportunistic
Property Type
Office
Open To
Accredited Investors
Closed Date
Jan 2020
Investment Strategies
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*As reported by Investopedia, on 12/31/22, based on a variety of factors.
Sponsor Details
Other Offerings by The 601W Companies
Sponsor Designation
CrowdStreet categorizes sponsors based on their experience and track record so our investors can get a sense of the firm behind the deal.
Enterprise
FIRM AGE15+ YEARS
LEADERSHIP EXPERIENCE30+ YEARS
PORTFOLIO VALUE$5 B +
National Platform
Ranked in the top 250 for estimated value of total holdings per Real Capital Analytics
Tenured
FIRM AGE10+ YEARS
LEADERSHIP EXPERIENCE20+ YEARS
PORTFOLIO VALUE$500 MM +
Leadership has invested together over multiple cycles
Dedicated investor relations and accounting staff
Seasoned
FIRM AGE5+ YEARS
LEADERSHIP EXPERIENCE10+ YEARS
PORTFOLIO VALUE$100 MM +
Network of repeat investors
Established banking relationships
Affiliations with national industry associations ULI, NAOIP, CCIM, SIOR or IREM
Emerging
FIRM AGE< 5 YEARS
LEADERSHIP EXPERIENCE2-5 YEARS
PORTFOLIO VALUE< $100 MM +
Strong leadership experience
Experience in the proposed asset class and geographic market
Experience in managing individual investors
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Sponsor Equity
$3,750,000.00
1.8292682926829267%
Investor Equity
$71,250,000
34.756097560975604%
Senior Loan Amount
$130,000,000
63.41463414634146%
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Total
$205,000,000
100%
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On the CrowdStreet platform, offerings are treated pari-passu. |
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