The Wharf Lands $847M Construction Loan For Phase 2
The development team behind The Wharf has landed its second $800M-plus loan this year. Hoffman-Madison Waterfront, a partnership of Hoffman & Associates, Madison Marquette and PSP Investments, announced Thursday it obtained an $847M construction loan for The Wharf's second phase. Goldman Sachs led the syndicate, along with Starwood Capital Group, Mack Real Estate Group and Pentagon Federal Credit Union. Eastdil Secured brokered the deal.