1317 Playhouse Square-Closed November 5th 2010

Great Lakes Financial Group "GLFG" works with local investors to reorganize a deal that went through some financial turmoil. 1317 Playhouse was scheduled for redevelopment prior to the 2008 financial crisis. When the crisis became reality, the developer could no longer perform. Through their "Advisory Services", GLFG" helped investors buy back the property, keep the tax credits in place and reposition the asset for purchase/redevelopment. On November 5th 2010, GLFG closed the loan to an outside group helping relieve the investors of an asset gone bad. Thanks again for the oppurtunity!