Illinois' Wintrust Bank provides .5 million in construction financing for 332-unit apartment development
Rosemont, Illinois-based Wintrust Bank, N.A. has provided $57.5 million in arranged construction financing for the ground-up construction of a 332-...
Rosemont, Illinois-based Wintrust Bank, N.A. has provided $57.5 million in arranged construction financing for the ground-up construction of a 332-unit apartment development at 521 Davis Circle SW in Huntsville, Alabama, known as Vista at Councill Square. The property is anticipated to be completed in the first half of 2025 and will feature well-appointed apartments, a resort-style rooftop pool and a best-in-class amenity package. This is the first of a multi-phased residential development for the borrower, an affiliate of T2 Capital Management.