3611 NewsThe Herald's Voice

Blackstone’s $343 Million Loan on Chicago Skyscraper Defaults

bloombergWednesday, June 24, 2026

A Blackstone Inc. loan on an office tower in the heart of Chicago’s financial center has gone into default, the latest sign of the persistent challenges landlords face after the city’s commercial real estate values tumbled in the wake of the pandemic.

Primary Scripture

Community launching soon

Get the invite by email when the Watchman's Wall opens

Notify me →

Share this article

Source: bloomberg— we link to the original for full context.