In the News
SPNA Acquires Rockford’s Rock River Tower
The Rockford Register Star reports:
“Rock River Tower has been sold to an East Coast investment company for $8.2 million, a price that’s above market value and perhaps a sign that real estate market may be improving here.
Strategic Partners of North America announced Tuesday that it added the 15-story, 110-unit riverfront landmark building at 913 M. Main St. to its $175 million nationwide real estate portfolio. It borrowed $6.7 million from New Jersey-based Eastern Union Funding to finance the deal.”
Read the full article here.