Brighthouse Lends on 719 N. Wells After $119M Recorded Sale
A $119M five-parcel multifamily deed at 719 N. Wells St. was recorded July 9, with a Brighthouse Life mortgage filed the same day.
- Source Briefing
- Public record
A five-parcel multifamily package at 719 N. Wells St. in River North changed hands for a declared $119 million, according to a Cook County sale record, and the deal was financed the same week. The sale is a recorded transaction, not a new one: the deed is dated July 2026 and the county dataset trails recording by about two months.
Why it matters
River North apartment trades of this size are rare in the county sale data, and the financing is as informative as the price. The Clerk’s recording index shows a special warranty deed (document 2619007037), a mortgage (2619007038) and an assignment (2619007039) all recorded July 9, with Brighthouse Life Insurance Co. as the mortgagee. Life-insurance balance sheets are a steady source of fixed-rate apartment debt in Chicago.
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The index does not state the loan amount, so we do not give one. The parcel record carries no buyer or seller names, and the owner name on the tax bill is not a verified party, so the buyer and seller are not named here.
The numbers
The declared price is $119 million for five parcels, all classed as multifamily. The same day-range of recordings includes releases and a termination, recorded July 10, that cleared earlier financing filed against the seller. We have not derived any price from transfer tax; Chicago rates are not verified for this report.
What’s next
The loan amount, maturity and any unit count would come from the mortgage document itself, which the Clerk’s index does not summarize. Related Chicago deal coverage is on the Chicago market page, and the Oak-Larrabee TIF item shows the same river-adjacent corridor drawing public money.
On the record
Cook County sale record for document 2619007037 shows a declared $119M price across five parcels at 719 N. Wells St. (multifamily, class 391), and the Clerk recording index lists a special warranty deed, a mortgage to Brighthouse Life Insurance Co. and an assignment, all recorded July 9, 2026.
Public record · cookcountyassessor.com