Associated Bank announces $4.7M loan for historic Chicago apartment building

CHICAGO - February 19, 2026 - Associated Bank recently announced completion of a $4,700,000 loan to Becovic Residential for acquisition of The Winthrop Place, 5710 North Winthrop Avenue, Chicago. Built in 1929, the historic structure features 42 apartment homes, including 17 one-bedroom units and 25 spacious studio apartments.

Located in the heart of Edgewater and approximately seven miles north of the Loop, The Winthrop Place provides exceptional access to public transportation, educational institutions and recreational amenities. One of several examples of early 20th-century architecture in the renowned Bryn Mawr Historic District, the building is surrounded by a vibrant mix of restaurants, retail and entertainment along Broadway and Bryn Mawr Avenues, with proximity to Loyola University and Lake Michigan.

Founded in 1973, Becovic Residential is a family-owned residential real estate firm that celebrates its own immigrant story as a foundation for their commitment to the preservation of Chicago's North Side neighborhoods and long-term investment in Chicago's storied lakefront communities.

Elizabeth Hozian, a senior vice president with Associated Bank's Commercial Real Estate division, managed the loan arrangements and closing.

Associated Bank's Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. The division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas and Wisconsin.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $45 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois, Minnesota and Missouri. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at https://www.associatedbank.com