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Chicago & Midwest  + Office  | 

Chicago/Midwest People & Company News, week of August 29, 2025

PREMIER Design + Build Group announced the promotion of Aidan Fahrenkrog to Vice President of Preconstruction Services for the Central Region. In this elevated role, he will lead all preconstruction operations for the Central Region, managing teams, strengthening client relationships, and driving strategic growth.

Caity Tirakian has been named a Senior Associate with Skokie, Illinois-based Stage Equity Partners, LLC. In her role as a senior associate, Tirakian is responsible for guiding acquisition activities at Stage Equity, from initial underwriting through closing. She will leverage more than five years of experience in the commercial real estate industry, specifically in the areas of financial analysis and underwriting, macro and microeconomic research, due diligence coordination, and transaction oversight.

Merchants Capital has appointed Naureen Dhanani as Executive Vice President of Credit and Operations, a newly established role reporting directly to the president and chief executive officer. Dhanani will oversee Merchants Capital’s Fannie Mae, Freddie Mac and FHA credit and closing teams, including the chief appraiser. She will ensure seamless collaboration across Merchants’ platforms and with external stakeholders, manage key agency relationships and resolve credit and production-related challenges alongside borrowers, originators, underwriters and agency counterparts.

Kiser Group’s Midwest Team has announced the exclusive listing of Panton Mill Station, a 100-unit luxury apartment community located at 355 North La Fox Street, South Elgin. Completed in 2020, Panton Mill Station features 56 one-bedroom units and 44 two-bedroom units, with an average unit size of 935 square feet.

The U.S. Small Business Administration has named Byline Bank the Illinois SBA 7(a) Lender of the Year for the 16th year in a row. Byline earned the top ranking by dollar volume for fiscal year 2024, originating $119.6 million in 7(a) loans that created 742 new jobs statewide. The SBA’s Illinois District Office also named Byline the 504 Third-Party Lender of the Year for originating $47.5 million in SBA 504 loans and Export Lender of the Year for delivering $6.1 million to Illinois exporters through the SBA’s International Trade, Export Express, and EWCP loan programs.

Bradford Allen has been appointed as the exclusive leasing agent for 1333 N. Kingsbury, a newly renovated office building in Chicago’s Lincoln Park/Clybourn Corridor, led by Associate Directors Katrina Dougherty and Michael Flinchbaugh. The property is owned by a partnership of Structured Development and ZSD, led by J. Michael Drew and Zev Salomon, respectively.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.