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601W Companies seeking three-year extension on $536M Aon Center loan

601W Companies seeking three-year extension on $536M Aon Center loan

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601W Companies is asking for more time to pay off its $536 million senior loan backed by the 200 East Randolph Street skyscraper known as the Aon Center. The New York-based real estate firm requested a three year extension for the loan on the 83-story tower, according to Crain’s, who cited Bloomberg loan data. 601W reportedly told its lender it doesn’t have the ability to pay off the mortgage by its July 1 maturation date. 601W previously received a three-year extension for its loan on the building, according to the outlet. In March of this year, 601W allegedly missed a [...] This article originally appeared on The Real Deal. Click here to read the full story.

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