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Associated Bank Completes $55M Construction Loan for Illinois MXU Project

Summary by Connect CRE
Associated Bank has completed a $55 million construction loan to the Marquette Companies for The Union Villa Park, a mixed-use project in Villa Park, Illinois, 20 minutes west of downtown Chicago. Associated Bank and Wintrust Financial were joint Lead Arrangers, with each financing one-half of the total loan amount. The Union will offer luxury studio, one, two and three-bedroom apartments, and the project will also feature nearly 8,000 square fe…
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Connect CRE broke the news in on Wednesday, February 18, 2026.
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