Chicago
Fitch: CMBS Defaults Leveled Off in 2021
U.S. CMBS loan defaults declined significantly in 2021 compared with 2020, as the resumption of economic activity supported a recovery… Read more
Almanac Realty to Take Passive, Minority Stake in Chicago’s Waterton
Chicago-based Waterton, a national real estate investor and operator, and Almanac Realty Investors, the private real estate investment arm of… Read more
Ground-Up Affordable Complex Opens in Logan Square
Mayor Lori Lightfoot and Ald. Carlos Ramirez-Rosa on Friday joined Bickerdike Redevelopment Corporation and other city and community leaders for the grand opening of… Read more
TMG SVP Jane Robins Celebrates 20 Years in Industry
Chicago-based advisory and brokerage firm TMG Real Estate Advisors is celebrating the milestone of veteran real estate advisor Jane Robins… Read more
Colliers Lists Dispensary Portfolio for Clear Height
Clear Height Properties has engaged Colliers to sell a three facility, net leased Cannabis real estate portfolio with strategic locations… Read more
Harrison Street, Lincoln Property JV on Multi-Use Innovation Park
A joint venture between Lincoln Property Company (LPC) and Harrison Street acquired a 190-acre land site in New Albany, OH… Read more
Waterton Expands Presidential Towers Management Team
Waterton has hired Howard Gottlieb as general manager and Michael Flood as director of facilities and maintenance at its Presidential… Read more
Monroe Capital Adds Investments Veteran as Managing Director
Gila Cohen has joined Chicago-based Monroe Capital as managing director, head of global institutional partnerships, based in New York. She… Read more
Home Depot in Chatham Scores $14M First Mortgage
Maverick Commercial Mortgage, Inc. has closed on a $14-million first mortgage loan for 200 W. 87th St., a 103,550-square-foot, triple-net leased… Read more
Entre Arranges Expansion Warehouse for Seafood & Produce Purveyor
Entre Commercial Realty assisted its client, Martinez Produce & Seafood, in the purchase of a new expansion facility in Elgin, IL.… Read more
Newport Capital Partners Eyeing Neighborhood Retail Plaza Deals in Carolinas, Texas and Florida
Chicago-based Newport Capital Partners, longtime niche specialists in neighborhood retail plazas, having just bought Elston Logan Plaza in Chicago’s trendy… Read more
CA Health & Science Trust Appoints 20-Year Veteran as CFO
Chicago-based private REIT CA Health & Science Trust, Inc. (CAHST) has appointed Jason Colton as CFO. Colton will be responsible… Read more
Karis Cold Taps into Hot Sector with Back of the Yards Warehouse Deal
NAI Hiffman brokered the off-market sale of 1556 W. 43rd St., a 225,000-square-foot refrigerated warehouse in the Back of the Yards neighborhood… Read more
Chicago-Based Stage Equity Divests Wisconsin MOB Portfolio
JLL Capital Markets closed the sale of a four-property, Class A medical office portfolio totaling 111,827 square feet in Milwaukee and… Read more
Calling for More of The Year’s Top Mortgage Brokers and Lenders
Response has been strong to date for Connect Commercial Real Estate’s second annual Top Mortgage Brokers and Lenders awards program.… Read more
Chicago Suburban Office Owners Seeing “Unprecedented Uncertainty”
Occupiers looking for space in the suburban Chicago office market do so at a time of “unprecedented uncertainty for landlords,”… Read more
CIM Brings HOKA Pop-Up Shop to Mag Mile
CIM Group has brought HOKA’s first Chicago pop-up store to new ground-floor retail space at 444 N. Michigan Ave. HOKA, a… Read more
HomeGoods-Anchored Retail Center Trades for $29M
Mid-America Real Estate Corporation’s Investment Sales team arranged the sale of Elston Logan Plaza, a successful 56,080-square-foot HomeGoods-anchored shopping center… Read more
Lakeshore East Condo Tower Cirrus Has First Move-Ins
Lendlease and Magellan Development Group announced first move-ins at Cirrus, a 47-story, 350-unit luxury condominium tower at 211 N. Harbor… Read more