MetLife Scores Luxury Chicago Tower From Lynd

Law360, New York (January 11, 2012, 4:21 PM EST) -- A subsidiary of MetLife Inc. has purchased Chicago luxury apartment building EnV from a subsidiary of Texas real estate development company Lynd LLC, the insurance giant announced Wednesday.

MetLife said the unnamed subsidiary acquired the multifamily tower in Chicago's River North neighborhood from Lynd Development Partners LP, the original developer of the property.

Financial terms of the deal were not disclosed. A MetLife spokeswoman declined to comment.

John Jaeger of CB Richard Ellis Group Inc., which advised Lynd on the deal, said the transaction closed in...
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