Merchants Capital Provides $99M in Financing for Indiana Workforce Housing Chicago & Midwest + Midwest + Apartments | May 29, 2026 The Goldie Initiative Celebrates Award Winners at Annual Impact Summit Chicago & Midwest + Downtown + Office | May 29, 2026 Newmark Arranges 72K-SF Industrial Lease for Fromm International in Algonquin Chicago & Midwest + Greater Chicagoland + Industrial | May 29, 2026 FEATURED STORY Chicago & Midwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Chicago & Midwest Stories More Stories Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Downtown Stories The Goldie Initiative Celebrates Award Winners at Annual Impact Summit Chicago & Midwest + Downtown + Office | May 29, 2026 The Goldie B. Wolfe Miller Women Leaders in Real Estate Initiative recently held its 3rd annual Impact Summit at the Union League Club of Chicago. The event, attended by over 200 commercial real estate industry professionals, focused on recognizing volunteers, mentors, and donors for their contributions to improving the commercial real estate industry and to … JLL, CORG Management Group Form Joint Venture Chicago & Midwest + Downtown + Office | May 27, 2026 JLL and CORG Management Group have formed a joint venture to deliver integrated facilities management and project management services to public sector institutions. The two companies created a U.S.-based limited liability company, JLL-CORG, LLC, which will provide access to resources, industry-specific expertise, technologies, best practices and enhanced service offerings from both JLL and CORG. Together, … Latest Greater Chicagoland Stories Newmark Arranges 72K-SF Industrial Lease for Fromm International in Algonquin Chicago & Midwest + Greater Chicagoland + Industrial | May 29, 2026 Newmark has arranged a 72,745-square-foot industrial lease at Algonquin Corporate Center, a state-of-the-art industrial complex located on Broadsmore Drive and Corporate Parkway in Algonquin, Illinois. The tenant, Fromm International, LLC, a manufacturer of professional salon tools and accessories, is relocating its national distribution operations from the O’Hare submarket. Newmark Executive Managing Director Adam Marshall and … Ryan Cos. Breaks Ground on Industrial Development in Bellwood Chicago & Midwest + Greater Chicagoland + Industrial | May 29, 2026 Ryan Companies US, Inc., in a joint venture with Washington Capital Management, Inc., announced the financial land closing and start of construction of a 190,000-square-foot speculative industrial facility in Bellwood, Illinois. The project is located on the site of the former SureBuilt building. Located at 840 25th Avenue, the new facility is positioned to attract … Connect Conferences: Panel Recap VideosWhether you couldn't make it or just want to revisit the insights, video recordings of all Connect Conferences panel sessions are now available to purchase and view. Hear directly from the industry's top leaders as they discuss trends, challenges, and opportunities shaping the future. Download the videos now!Connect Industrial Midwest 2026$59Learn MoreConnect Retail West 2025$59Learn MoreConnect New York Apartments Investment & Finance 2025$59Learn MoreView All Events Latest Illinois Stories Marcus & Millichap Arranges Sale of Hillsdale Industrial Property Chicago & Midwest + Illinois + Industrial | May 28, 2026 Marcus & Millichap announced the sale of 222 Broadway Avenue, a 50,000-square-foot industrial warehouse in Hillsdale, Indiana. Originally offered with 9 acres, the buyer elected to purchase the entire 32.6-acre parcel. The property sold for $4.375 million, or $87.50 per square foot. “We sourced several out-of-state and foreign companies seeking to expand operations to our … Brown Commercial Secures Lease for Developer Cratos Industrial Chicago & Midwest + Illinois + Industrial | May 18, 2026 Illinois Tool Works (ITW) has moved into a 60,050-square-foot industrial space at Blue Heron Business Park. The property is located at 2305-2325 Kenyon Road in Bartlett, Illinois, close to major regional thoroughfares and O’Hare’s strong industrial market. Brown Commercial Group President and Managing Partner, Dan Brown and Partner Mike Antonelli represented the developer and owner, … Latest Midwest Stories Merchants Capital Provides $99M in Financing for Indiana Workforce Housing Chicago & Midwest + Midwest + Apartments | May 29, 2026 Merchants Capital provided more than $99 million in debt and tax credit equity financing for The Elex, a 296-unit mixed-use, mixed-income workforce housing community now leasing in Fort Wayne, Indiana. Developed by Biggs Group in partnership with Ancora, Weigand Construction and MSquared, The Elex is part of the Electric Works site, a redeveloped General Electric … Dwight Capital Finances $114M Multifamily HUD Loan in Wisconsin Chicago & Midwest + Midwest + Apartments | May 28, 2026 Dwight Capital has closed a $114 million HUD 221(d)(4) substantial rehabilitation loan for the conversion of 100 East Wisconsin, an existing 34-story office building, into a 373-unit luxury apartment community. Strategically positioned at the heart of Milwaukee’s downtown central business district along the Milwaukee River, 100 East Wisconsin is currently the state’s third-tallest building and … Latest South Side Stories Newly Constructed 60-Unit Property Across from UChicago Hits the Market Chicago & Midwest + South Side + Apartments | May 26, 2026 Chicago-based multifamily brokerage firm Essex Realty Group has been engaged to market for sale 825 E. 61st Street, a newly constructed 60-unit multifamily property located directly across from the University of Chicago campus at the intersection of Hyde Park and Woodlawn. Given the high demand for quality rental housing in the area, this property is … New Home in Roseland Built Through Rebuild Chicago 2.0 Program Chicago & Midwest + South Side + Apartments | May 22, 2026 Community members and city, state, and local leaders gathered to celebrate the first completed home in the Rebuild Chicago 2.0 program, a public-private partnership aimed at revitalizing nearly 30 vacant and underused properties in Roseland and Englewood. A ribbon-cutting ceremony took place at 11436 South Yale Avenue in Roseland. The fully renovated single-family home features … Latest North Side Stories Eastern Union Arranges $125M Acquisition Loan for Chicago MF Complex Chicago & Midwest + North Side + Apartments | May 26, 2026 Eastern Union has arranged a $125.25 million loan to finance the acquisition of The Pavilion, a 15-story, 1,115-unit multifamily high-rise located at 5441 N. East River Road in the O’Hare neighborhood on Chicago’s far-northwest side. The loan for the well-known, five-building complex was secured by Eastern Union senior managing director Michael Muller with support from … Cadillac Dealership on Former Lincoln Yards Site Breaks Ground Chicago & Midwest + North Side + Retail | May 20, 2026 Joseph Nicholas Construction (JNC), in partnership with Jack Carter Auto Group, has broken ground on Carter Cadillac of Chicago, a new dealership at 1400 W. North Ave., part of the former Lincoln Yards. The new facility will be the brand’s third flagship store worldwide, after locations in Manhattan and Los Angeles. Carter Cadillac of Chicago … Latest West Side Stories Interra Realty Brokers Sale of Vintage Apartment Buildings in Pilsen Chicago & Midwest + West Side + Apartments | April 1, 2026 Interra Realty brokered the $5.1 million sale of 2156 and 2158 W. 21st St., a two-building, 24-unit vintage multifamily portfolio in Chicago’s Pilsen neighborhood. The deal equated to $212,500 per unit. Interra Managing Director Jeremy Morton represented the confidential buyer, as well as the private seller. The properties were fully occupied at the time of … POAH to Invest $40M in West Side Apartment Renovation Chicago & Midwest + West Side + Apartments | March 30, 2026 Preservation of Affordable Housing Inc. (POAH) will begin a $40 million renovation project on a West Side senior apartment building. The 94-unit Corcoran Place Apartments at 325 and 345 N. Austin Blvd. will undergo a revamp including new kitchens and bathrooms, updated flooring, an all-electric HVAC system, upgraded plumbing and electrical systems, roof and window … Latest Stories FromInsurance Investment Outsourcing Hits New Scale: Clearwater AnalyticsPrivate Equity | May 29, 2026The insurance industry is undergoing a substantial transformation, as total assets in outsourced insurance have reached $5.5 trillion, up about $1 trillion year over year, a new survey revealed. That figure represents a 23% increase from last year and a 65% expansion since 2021, according to a newly released survey from Clearwater Analytics with DCS Financial Consulting. As private market exposure continues to grow across the insurance sector, companies are increasingly shifting from internally managed institutions to asset managers and alternative investments. ...San Francisco Pension Adds $110M Real Assets Lending, VCAlternative Assets | May 29, 2026The City and County of San Francisco Employees’ Retirement System has deployed $110 million in new private markets commitments, adding Asia-focused real assets lending and Bay Area venture capital to a portfolio that spans $3.3 billion in private credit and a $10.6 billion private equity program, according to the $40 billion pension’s latest meeting disclosures. ...Bow River Capital Takes Strategic Stake in Go-To-Market Advisory Firm SBIDirect Investment | May 29, 2026SBI has secured a strategic investment from Denver-based private alternative asset manager Bow River Capital, marking the start of a new growth phase centered on talent, technology, and its proprietary growth intelligence platform, SBI Wayforge. The go-to-market advisory firm, known for helping B2B companies align strategy with execution, plans to use the capital to scale ...Partners Group Launches Lower-Leverage PE Total Return StrategyAlternative Assets | May 29, 2026Partners Group has introduced a new private equity offering designed to bridge the gap between income generation and long-term capital appreciation, launching its Total Return Strategy with a focus on lower leverage, high-quality businesses and durable cash flows. The strategy will target companies globally across foundational sectors including industrial manufacturing, distribution, transportation and logistics, healthcare, ...
