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River Park North Townhomes / $19,000,000

Geneva provided Asset Management / Special Servicing / Construction Management services for the River Park North Townhomes project.  This $19,000,000 project located in Chicago, Illinois includes (56) 2-Bedroom and 3-Bedroom, 2.5 to 3.5 Baths, One or Two Car Garages, Brick and Stucco, Four Story Units. 

This project required Geneva to coordinate the completion of the construction and the marketing and sale of the units after foreclosing on the property when the original developer ceased operations. The project was completed with only minimal loss in early 2010, three years after Geneva took control of the asset.


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