Mid-year Economic Forecast
When Irgens Partners LLC began working on financing the $132.6 million BMO Harris Financial Center the company is developing in downtown Milwaukee, it found the marketplace did not have a huge appetite to take on a loan of that size.
BMO Harris Bank, which will be the namesake of the 25-story office tower and its anchor tenant, occupying the building’s first and 11th through 16th floors, agreed to provide a loan. But the loan amount was not enough to cover the entire cost of construction.
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