Chicago
ASC Lines Up Cash-Out Refi for Logan Square Multifamily
American Street Capital (ASC) arranged a $3,938,000 cash-out refinance loan for a 32-unit multifamily building in Chicago’s Logan Square. The… Read more
Working Group Charts Course for Future of Chicago’s Museum Campus
Mayor Lori Lightfoot and the Museum Campus working group on Thursday released “Where Worlds Connect,” a report detailing key analysis… Read more
Chicago Loop Alliance Expands Ambassador Program
Chicago Loop Alliance said Wednesday it would expand the Chicago Loop Alliance Ambassador Program, which will patrol the central Loop… Read more
Riverside Investment Plans West Loop Apartments
Riverside Investment & Development is joining the West Loop apartment development boom, Crain’s Chicago Business reported. Riverside will team with… Read more
Amazon Takes Stake in Grubhub, Offers Prime Members One-Year Trial
Amazon has agreed to take a 2% stake in Grubhub, the Chicago-based food delivery business acquired in 2021 by Netherlands-based… Read more
King & Spalding Adds Real Estate Partner in Chicago
Danna Horton, a real estate lawyer with extensive experience serving the commercial real estate and financial services industries, has joined… Read more
Bowmanville Apartments Trade After Decades of Local Ownership
Essex Realty Group recently facilitated the sale of 5355 N. Damen Ave., an 11-unit apartment building in Chicago’s Bowmanville neighborhood. … Read more
Federal Appeals Court Rules Obama Center Project May Proceed
A federal appeals court has ruled that the under-construction Obama Center may remain in the South Side’s Jackson Park, affirming… Read more
NAI Hiffman Brokers Deal for Seven-Property Warehouse Portfolio
NAI Hiffman‘s industrial capital markets team brokered the sale of the Chicago Strategic Logistics Portfolio, comprising seven industrial warehouse and… Read more
GCM Grosvenor, Blue Wolf Acquire Hallcon
Chicago-based GCM Grosvenor and New York-based Blue Wolf Capital Partners have acquired transportation services provider Hallcon Corporation from Novacap, a… Read more
Mesirow Elevates Natalie Brown to CEO Role
Financial services firm Mesirow has appointed Natalie A. Brown as CEO, following a unanimous vote by its board. Brown, who… Read more
Chicago ARC Signs UChicago Medicine and Sinai as Healthcare Partners
The Chicago ARC, being developed as the centerpiece of the health-focused $3.8-billion Bronzeville Lakefront project, has signed memorandums of understanding… Read more
Lawmakers Push Chicago HQ for Federal Medical Research Center
U.S. Senators Tammy Duckworth and Dick Durbin led members of the Illinois Congressional Delegation in advocating Chicago-area headquarters for a medical… Read more
Budlong Woods Multifamily Complex Trades to Chicago Buyer
Interra Realty brokered the sale of 2713-2737 W. Berwyn Ave., a pair of adjacent courtyard buildings totaling 42 units in… Read more
Michelle Mills Clement Named to Board of Metropolitan Pier and Exposition Authority
Michelle Mills Clement has been named to the board of the Metropolitan Pier and Exposition Authority (MPEA). Mills Clement, CEO… Read more
Flight to Quality Drives Pre-leasing in Downtown Chicago’s Spec Office Builds
The flight-to-quality movement is in full effect in downtown Chicago, as the concentration of older office assets has led to… Read more
Google Reportedly in Talks to Buy Thompson Center in Chicago’s Loop
Tech giant Google is in talks to buy the iconic Thonpson center located in Chicago’s Loop, according to The Block… Read more
Avison Young’s Steven Kohn Arranges Deal for Multi-Tenant Industrial
Avison Young today has negotiated the sale of a 17,000-square-foot multi-tenant industrial building at 3300-3306 N Knox Ave. on Chicago’s… Read more
Peak Properties Adds 57 Student Apartments to Management Portfolio
Peak Properties assisted in the purchase and oversight of a multi-million-dollar gut rehabilitation of three vintage walkup buildings in Chicago’s… Read more