Development
Founded in 1993 by Jim Letchinger, JDL has become Chicago’s premier residential developer.
For over three decades, JDL has earned a reputation for developing dynamic residential developments that exceed expectations in the discerning luxury market, resulting in some of the most significant real estate sales in Chicago. By focusing on residential, mixed-use development, JDL creates living environments of the highest quality that complement the existing urban landscape. The company’s legacy properties stand tall among the crowded skyline.
JDL developed No 9 Walton, a collection of 68 ultra-luxury condominiums that were the most successful and expensive real estate transactions in Chicago history. From there, JDL created One Chicago, which delivered in 2022, offering 2.2 million square-feet of luxury residences as well as complimentary commercial spaces including Whole Foods and Lifetime. One Chicago has already been named one of the city’s architectural icons. JDL continues to expand with North Union — an entirely new community combining 4.4 million square-feet of high-end residential offerings, mixed-use retail, and lush urban outdoor space spread across eight acres.
Investment Partners
Intercontinental Real Estate Corporation is an SEC Registered Investment Adviser with decades long experience in real estate investment, finance, development, construction management and asset management. Since 1959, Intercontinental and its affiliates have managed, developed, or owned collectively over $20 billion in real estate property. Today, Intercontinental manages a real estate portfolio of approximately $15 billion for its clients. The Intercontinental portfolio is diversified both by robust property mix and by geography. Investment strategies actively seek opportunities to invest in both Core and Core-Plus properties, as well as in Value-Add operating properties and development projects.
Along with its affiliate companies, Affinius Capital invests across the risk spectrum for a global client base, managing over $35 billion in net assets under management within a diversified portfolio across North America and Europe. Affinius Capital provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics.
Lenders
Wells Fargo
Citizens
Architects
Hartshorne Plunkard Architecture
General Contractor
Power Construction
