Anglo Irish Bank is opening a new representative office in Chicago that will offer commercial real estate financing solutions for clients in the Midwest region.The Chicago office will be managed by Paul Doyle, a senior vice president with the bank, Anglo Irish reported. "This new office is in response to our clients' requests to handle more commercial real estate financing transactions in the Midwest," said Tony Campbell, president and chief executive officer of Anglo Irish Bank's North America operations. Mr. Doyle will oversee an initial staff of five employees. The bank has already financed a few commercial real estate properties in Chicago. Anglo Irish Bank, listed on the Irish Stock Exchange, is Ireland's third-largest bank, according to the company.
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Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
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