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Kuwaiti Finance Invests in Chicago Condo Project

January 1st, 2010 · No Comments

Kuwait Finance House, the country’s biggest Islamic bank, signed a "direct residential real estate investment deal" in Chicago for $242 million, the company said in an e-mailed statement Monday.
As a result of the deal, Kuwait Finance House will own 95 percent of the Ritz-Carlton Residences condo project at Erie Street and Michigan Avenue, while Prism [...]

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Tags: Chicago Real Estate News