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North Pier faces loan pressures.

Authors :
Andreoli, Tom
Source :
Crain's Chicago Business; 11/22/93, Vol. 16 Issue 47, p1, 3p
Publication Year :
1993

Abstract

Reports on negotiations between the Searle family and the Bank of Montreal over the former's drawing of a $43 million loan aimed at rehabilitating the North Pier in Chicago, Illinois as a major tourist and entertainment division. Dilemma over value of North Pier mortgage; Terms negotiated by the Searles; Debate raised over market positioning of area to prospective investors.

Subjects

Subjects :
PIERS

Details

Language :
English
ISSN :
01496956
Volume :
16
Issue :
47
Database :
Supplemental Index
Journal :
Crain's Chicago Business
Publication Type :
Periodical
Accession number :
9407141087