C&N provides counsel for new Chicago Mathematics and Science Academy building
With the help of Chico & Nunes real estate, land use and financing attorneys, The Chicago Mathematics and Science Academy will be moving into a new school building this fall. Chico & Nunes represented the successful charter school in its $5.5 Million acquisition of a site in Rogers Park and obtained rezoning and entitlements for the facility. Chico & Nunes also represented CMSA on the financing agreements for the $11 Million project. Delaware Place Bank and IFF provided a construction and first mortgage loan. IFF also made a second mortgage loan, a secured loan for furniture, fixtures and equipment and provided credit enhancement for CMSA.