Varde Partners Takes Over Triangle Plaza from Alliance – Chicago Office Complex Handover
Description: Varde Partners, a Minneapolis-based lender, has taken control of Triangle Plaza near Chicago’s O’Hare International Airport from Alliance HP. The 627,000 square feet office complex, featuring two 14-story towers, was surrendered by Alliance due to a $78 million loan foreclosure. Despite performing well, the building succumbs to the challenges posed by historically low … Read more