Marcus & Millichap Brokers Indiana Homewood Suites Hotel Deal Chicago & Midwest + Midwest + Hospitality | December 8, 2025 Greysteel Arranges Multifamily Sale in Iowa Chicago & Midwest + Midwest + Apartments | December 8, 2025 EquiCap Commercial Completes Eight Self-Storage Sales in Five States Chicago & Midwest + Midwest + Industrial | December 8, 2025 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 Update: $700M Refinancing Secure for BofA Tower in Chicago Chicago & Midwest + Downtown + Office | December 4, 2025 A joint venture of Oak Hill Advisors, Callahan Capital Partners and Affinius Capital is set to secure a $700 million commercial loan for the Bank of America tower located at 110 North Wacker in Chicago. Newmark’s Jordan Roeschlaub, Jonathan Firestone, Nick Scribani, Chris Lozinak, Ryan Sullivan and Tim Polglase are advising the joint venture. Part … QuadReal Forms $495M Strategic Industrial Partnership with LaSalle Chicago & Midwest + Downtown + Industrial | December 3, 2025 QuadReal Property Group, a global real estate investment, development and operating company headquartered in Vancouver, British Columbia, has formed a strategic partnership with LaSalle Investment Management that will recapitalize a $495 million portfolio within QuadReal’s direct U.S. industrial platform. The industrial portfolio comprises 11 assets, totaling 3.3 million square feet, across major population centers near … Latest Greater Chicagoland Stories Mid-America Real Estate Closes Suburban Chicago Retail Transaction Chicago & Midwest + Greater Chicagoland + Retail | December 8, 2025 Mid-America Real Estate Corporation’s Investment Sales Group completed the sale of Orland Park Place, a dominant regional center strategically located along the primary commercial corridor of LaGrange Road in the south suburban Chicago community of Orland Park. The 580,477-square-foot property is 93% leased and is anchored by national and regional retailers, including Nordstrom Rack, Marshalls, … Multifamily Properties Near O’Hare Trade Hands Chicago & Midwest + Greater Chicagoland + Apartments | December 5, 2025 Interra Realty facilitated the sale of two value-add multifamily buildings in the northwest Chicago area, totaling $4.65 million. The two-building, 16-unit 1860-1900 N. Parkside Drive in Park Ridge, Ill., sold for $2.75 million, and the 12-unit 8544-48 W. Gregory St. in Chicago’s O’Hare submarket transacted for $1.9 million. Interra’s Patrick Kennelly, Paul Waterloo and Nathan … 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 New York Apartments Investment & Finance 2025$59Learn MoreConnect Healthcare Real Estate 2025$59Learn MoreConnect Apartments 2025$59Learn MoreView All Events Latest Illinois Stories NAI Hiffman Represents Pure Processing in Headquarters Relocation Chicago & Midwest + Illinois + Industrial | December 1, 2025 NAI Hiffman has represented Pure Processing, a developer and manufacturer of ergonomic medical device cleaning solutions, in its 29,313-square-foot headquarters lease at 2200 Ogden Ave. in Lisle, Illinois. The move triples the company’s footprint from its previous location in Carol Stream and consolidates its office, light manufacturing, warehouse and showroom operations under one roof. Pure … SVN Chicago Commercial Facilitates Sale of Illinois Industrial Property Chicago & Midwest + Illinois + Industrial | November 21, 2025 SVN Chicago Commercial completed the sale of a 31,600 square-foot industrial building located at 404 Washington Boulevard in Mundelein, Illinois. The property, situated on 2.4 acres, features a large paved parking lot approved for outside storage and truck parking, a rare find in the tight Lake County industrial market. The asset offered a compelling owner-user … Latest Midwest Stories EquiCap Commercial Completes Eight Self-Storage Sales in Five States Chicago & Midwest + Midwest + Industrial | December 8, 2025 EquiCap Commercial, a self-storage advisory and brokerage firm, announced the completion of eight transactions spanning five states, representing 388,312 square feet and totaling $35.18 million in sales. The transactions include the sale of a 33,400-square-foot property with 268 units in Indiana, a 239-unit, 27,400-square-foot asset in Georgia, and an 11-acre self-storage development in Illinois. The … Marcus & Millichap Brokers Indiana Homewood Suites Hotel Deal Chicago & Midwest + Midwest + Hospitality | December 8, 2025 Marcus & Millichap brokered the sale of a 137-room Homewood Suites hotel property in Carmel, Indiana. “Constant communication and strong rapport from both sides were absolutely crucial in moving this deal forward,” said Michael Klar, director of investments. Klar and Ebrahim Valliani, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with … Latest South Side Stories Avison Young Facilitates $9M Sale of Hyde Park MF Portfolio Chicago & Midwest + South Side + Apartments | November 25, 2025 Avison Young brokered the sale of the Hyde Park Residential Portfolio, a three-building multifamily portfolio of former student housing assets located in Chicago. The portfolio sold for $9.11 million. Comprising 63 residential units across three properties, the portfolio is strategically positioned adjacent to the University of Chicago and the University of Chicago Medical Center, offering … Peak Properties Extends South Side Footprint with Three-Property Portfolio Chicago & Midwest + South Side + Apartments | November 5, 2025 Peak Properties announced its latest management assignment for a three-property portfolio in Hyde Park. Together, the properties add 57 apartments to Peak’s portfolio. The buildings, all within walking distance of the University of Chicago’s campus, are across the street from Washington Park and close to several CTA options, including bus stops at 51st and 53rd … Latest North Side Stories Essex Three-Twelve Closes Three Properties in Northside Chicago Chicago & Midwest + North Side + Apartments | December 5, 2025 Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC., recently closed the sale of three properties located in the North Side of Chicago at 1118 N. Oakley Blvd., 6509 W. Higgins Ave., and 1836 N. Central Park Ave. In Ukrainian Village, 1118 N. Oakley Blvd. is a fully renovated six-unit property, offering a turnkey investment with modern … Kiser Group Brokers Sale of Andersonville Courtyard MF Property Chicago & Midwest + North Side + Apartments | December 1, 2025 Kiser Group closed the sale of a 28-unit courtyard apartment building located at 5553–59 N. Magnolia in Chicago’s Andersonville neighborhood. The property sold for $7.8 million and was represented by Kiser Group brokers Jacob Price and Katie LeGrand. The building features 23 one-bedroom units and five two-bedroom duplex units, all renovated in 2015 with modern … Latest West Side Stories Essex Closes $16M Wells Street Mixed-Use Deal Chicago & Midwest + West Side + Apartments | December 3, 2025 Essex Realty Group closed the sale of 1553 North Wells Street, a new construction mixed-use property located in Chicago’s Old Town neighborhood. The 23-unit building with retail, constructed in 2019, sold for $15.7 million. Principals Jim Darrow and Jordan Gottlieb, along with Director Brian Keegan, facilitated the transaction, representing both the seller and buyer. Essex … $22M Health Facility on Chicago’s West Side Marks Milestone Chicago & Midwest + West Side + Healthcare | November 24, 2025 Austin HOPE Center, a $22 million, 25,000-square-foot, three-story health and wellness facility at 5036 W. Chicago Ave., recently celebrated the property’s beam raising. The building will offer pediatric specialty and behavioral health care service,s and it is expected to be completed in late summer 2026. The HOPE Center is being developed through a partnership of … Latest Stories FromIBM to Acquire Confluent for $11B in All-Cash Transaction to Boost AI Data Offerings M&As | December 8, 2025IBM has made an offer to acquire Confluent, a data streaming platform, for $11 billion, as the tech giant seeks to boost its artificial intelligence portfolio. IBM says it will pay $31 per share in an all-cash transaction for all of the issued and outstanding common shares of the company. The move comes after IBM predicts more than one billion new “logical” AI applications are expected to double by 2028, with rapid developments into AI agents next ...Summit Financial takes Minority Stake in $500M Ivy Wealth Management RIAs & Financial Advisors | December 8, 2025Summit Financial Holdings has purchased a minority investment stake in Rhode Island-based Ivy Wealth Management, which oversees about $500 million in total client assets and deepens the RIA’s presence in the Northeast. Ivy Wealth Management was founded in 2010 and is led by president Brad Ingegneri, after spending nearly 10 years at Bank of America’s Merrill Lynch. The firm offers retirement planning, tax and estate planning, investment management, and insurance services to high-net-worth families and ...Westwood Financial Upsizes Corporate Credit Facility to $470M Alternative Assets | December 8, 2025Westwood Financial, a Los Angeles–based retail real estate investment firm, has closed on a $145 million expansion of its corporate credit facility, increasing total capacity to $470 million. The upsizing builds on the $70 million term loan expansion completed in 2024. The latest enhancement adds an additional $70 million in term loans and $75 million ...Mercer Advisors Expands Mid-Atlantic Footprint with Glass Jacobson Acquisition Direct Investment | December 8, 2025Mercer Advisors has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm with approximately $1 billion in assets under management and deep roots in tax and accounting. The transaction strengthens Mercer Advisors’ presence in the Mid-Atlantic, extending its reach across the Baltimore–Washington, D.C. corridor. Founded in 2001 and originating from Glass Jacobson Financial Group, ...
