Chicago, Illinois – December 1, 2023; City Capital Advisors, a Chicago-based middle market investment bank, is pleased to announce that it acted as the exclusive financial advisor to Landmark Development on this transaction on both debt and equity for the project.
About the Transaction
The Lakeview is a mixed-use real estate development that will have 210 multi-family units, related amenities, and commercial/retail space estimate to cost $86.5 million. It is located on Duluth, Minnesota’s lake front immediately next door to Essentia Health’s new medical center.
About Landmark Development
Landmark Development, based in Madison, Wisconsin, is an experienced real estate development firm that has developed and advised on projects for decades with billions of dollars of project experience in traditional real estate development and healthcare, sports, entertainment, hospitality, and infrastructure projects. Landmark has a team of people with exceptional credentials and that brings a disciplined development approach to each project that has led to highly successful outcomes.
About City Capital Advisors
City Capital Advisors, a FINRA registered broker-dealer, is a results-oriented investment banking advisory firm. Each of City Capital’s Managing Directors has more than 20 years of investment banking experience, offering clients the judgment and transaction management expertise honed from successfully executing more than $60 billion of collective merger and capital market transactions. Client engagements are managed exclusively by experienced senior investment bankers, allowing business owners to capture maximum value for their companies and to exceed shareholder objectives.