
Hotel 71 | Chicago, IL
Hotel 71 is a 437-key, 40-story, luxury boutique hotel situated along the south bank of the Chicago River and less than one block west of Michigan Avenue. The Property, originally constructed in 1959, is ideally situated between Chicago's shopping, theater and business districts and offers unobstructed views of the Chicago River and downtown skyline. Brickman, in partnership, participated in the acquisition of two distressed B tranche notes from a major financial institution.
Property Details
- Property Type
- Hotel
- Investment Type
- B-Note
- No. of Keys
- 437
- Year Built / Renovated
- 1958 / 2006
- Investment Date
- Oct-07
- Realization Date
- Dec-09
