Shawn Clark

Developer CRG Faces Foreclosure Auction for Uptown Project

Foreclosure auction set for CRG’s Uptown apartment building

Multifamily asset at 4555 North Sheridan failed to overcome interest rate hikes imposed by CLO debt originated by TPG

Distress hits CRG’s Uptown asset amid urban multifamily slump

Distress hits CRG’s Uptown asset amid urban multifamily slump

Developer tried to sell apartment highrise ahead of maturity date on $39M debt

MAP: Where floating rate loans are erasing profits on otherwise strong assets

MAP: Where floating rate loans are erasing profits on otherwise strong assets

These Chicagoland multifamily owners are holding onto hope for lower interest rates