Chicago
MMCC Arranges Financing on Deal for Six Multifamily Assets on South Side
Marcus & Millichap Capital Corporation (MMCC) arranged $10,630,000 in financing for the acquisition of six multifamily properties on Chicago’s South… Read more
Opus Group Launches Merrillville Spec Industrial
The Opus Group has begun construction on a speculative industrial building in Merrillville, IN. Located a mile from Interstate 65… Read more
KeyBank Provides $30M for Cleveland Foundation’s Midtown Collaboration Center
KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) provided $30 million of financing to the Cleveland Foundation… Read more
Commercial Club of Chicago Commits to Improving Public Safety
For the first time since its founding nearly 150 years ago, the Commercial Club of Chicago is taking on the… Read more
Six Years On, Opportunity Zone Funds are Finding Secondary Markets
Since its introduction in 2017, the opportunity zone program has been lauded and criticized in turn. Cutting through some of… Read more
Tucker Development, Wingspan Partner on Skokie Apartments
A joint venture between Tucker Development and Wingspan Development Group closed on the acquisition of 5400 Old Orchard Rd. in… Read more
City Council Vote Makes Chicago’s Outdoor Dining Program Permanent
Chicago’s City Council on Wednesday City approved an ordinance introduced last week by Mayor Brandon Johnson to establish a long-term… Read more
McHugh Construction Completes Uptown Rentals for John Buck
McHugh Construction recently completed Platform 4611, a nine-story mixed-use apartment building developed by The John Buck Company and Free Market… Read more
Elgin Offices Trade with “Tremendous Upside” for New Ownership
Colliers’ Chicago-based Office Capital Markets Team of Alissa Adler and John Homsher, in partnership with Ten-X Commercial Real Estate auction… Read more
Midloch, Fountain Real Estate Sell Last-Mile Industrial in Minneapolis Suburb
Midloch Investment Partners and Fountain Real Estate Capital have sold “Last Mile Penn Industrial” at 9231 Penn Ave. So. in… Read more
Ascentris, CA Ventures Developing Class-A Industrial Buildings in Atlanta
Private equity firm Ascentris, with its development partner, CA Ventures, will construct two Class-A industrial buildings in the Northeast industrial… Read more
The Realities of Adaptive Reuse: Q&A with Waterton’s David Schwartz
Much has been discussed about renovating empty and distressed office buildings into viable multifamily dwellings. But successful adaptive reuse is… Read more
Chicago Loop Alliance to Cohost International Downtown Assn. Conference
The International Downtown Association and Chicago Loop Alliance will cohost the 2023 International Downtown Association’s Annual Conference and Marketplace in… Read more
Interra Realty Brokers Sale of Pilsen Mixed-Use Trio
Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the $4.18-million sale of a three-building, 33-unit mixed-use… Read more
Logistics Property Co. Begins 665K-SF Development in Oak Forest
Logistics Property Company, LLC (LPC) has commenced construction on a new logistics center in Oak Forest, IL, 24 miles from… Read more
Wisconsin Self-Storage Portfolio Trades to LLC
Marcus & Millichap closed the sale of Lok-Safe Storage, a 487,081-square foot, 12-property self-storage portfolio located in Green Bay, WI.… Read more
Multifamily Investment Trends and Forecasts: Q&A with Cushman & Wakefield’s Susan Tjarksen
Multifamily assets have long been an anchor for many investment portfolios. The question is whether this will continue in today’s… Read more
JLL Elevates Jaymie Gelino to COO, Project and Development Services
JLL announced the appointment of Jaymie Gelino to COO of Project and Development Services (PDS). Effective immediately, she is responsible… Read more
NCPM Expands South Shore Apartment Holdings
A local apartment investor has greatly expanded its holdings in Chicago’s South Shore neighborhood, paying $22 million for two properties… Read more