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Barry Katz successfully closes 11 property finance portfolio worth more than $10 million

Barry R. Katz

Chicago Partner Barry Katz recently closed the refinance of an 11 property portfolio worth more than $10 million with a major Chicago bank. The refinance was the culmination of more than two years of work in which Barry first negotiated the forbearance by the bank of foreclosure on the properties and second negotiated a refinance of the loans so that the cash flow from the properties was able to support the debt service to keep the loans current.