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Objection Resolved?

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After being hit by an objection to its short term financing plan on Monday, the Spire developer and its largest creditor appear to be in agreement - at least for now. Yesterday afternoon, Crain's reported that Spire developer Garrett Kelleher has agreed to the terms presented by Related, which owns $80 million of the Spire's debt. The new-new debt restructuring plan is expected to appear sometime in early-mid March. [Crain's]

Chicago Spire

400 North Lake Shore Drive, Chicago, IL 60611 Visit Website