Chicago
Essex Realty Lists Old Town Luxury Apartments
Essex Realty Group has been retained to market for sale the Old Town Collection, a luxury mixed-use apartment building. The… Read more
Clear Height Properties Brings in New CFO
Clear Height Properties (CHP) has named 20-year veteran R. Todd Barthel its CFO. He will oversee CHP’s current portfolio of… Read more
Submit Your Nominations for Connect CRE’s 2022 Top Mortgage Brokers & Lenders Awards
For commercial real estate professionals on the lending side, 2021 was both an especially fruitful year and a challenging one,… Read more
Draper and Kramer Secures $114M HUD Loans for Tandem Development Projects
Matt Wurtzebach, SVP with Draper and Kramer’s Commercial Finance Group (CFG), led a team in arranging $114 million in construction and refinance loans on… Read more
Bally’s Will Operate Temporary Casino at Medinah Temple
Assuming that Bally’s Corporation plans for a Chicago casino receive the necessary approvals, the gaming giant will operate a temporary… Read more
New Construction Multifamily in Chicago’s Hyde Park Goes for $12M
A new construction multifamily property in Chicago’s South Side Hyde Park neighborhood has been sold for $12 million, according to… Read more
Mag Mile Capital Secures Financing for North Suburban Chicago Industrial
Mag Mile Capital’s Cody Harper, VP of originations, has secured a $1,150,000 permanent loan financing in connection with an owner-occupied… Read more
Brookfield Acquires Hotel REIT Watermark Lodging Trust for $3.8B
Chicago-based Watermark Lodging Trust has entered into a definitive agreement with private real estate funds managed by Brookfield, under which… Read more
Ventas REIT Enters into Closer Relationship with Sunrise Senior Living to Boost Senior Housing Portfolio
Senior living, life sciences and healthcare REIT Ventas announced today that it has entered into a revised agreement with senior… Read more
Skender Builds Out Milwaukee Tool’s Engineering Office at Old Post Office
Skender, serving as general contractor, recently completed construction on an engineering design and innovation space for Milwaukee Tool in 601W… Read more
CRG Grant Will Help Rehab South Side School into Arts Incubator
Real estate investment firm CRG, in conjunction with parent company Clayco, has donated $1 million to Rebuild Foundation, the nonprofit… Read more
Bally’s Gets the Nod to Develop Chicago Casino
The Lightfoot administration has selected Bally’s Corporation to be the recipient of its sole casino license and the developer to… Read more
Vestian CEO Sees 300K SF Hitting Chicago Loop CBD Behind Boeing Headquarters Move
Late Thursday a report in the Wall Street Journal revealed that Boeing finally decided to make the move and take… Read more
RMK Tapped to Manage Gold Coast Luxury Apartments
RMK Management Corp. was selected by East Chestnut Realty LLC and DC21 Realty LLC to oversee property management for 21 East Chestnut, a 24-story, 168-unit luxury… Read more
Marcus & Millichap Brokers South Shore Apartment Deal
Marcus & Millichap brokered the sale of 7100 South Shore Dr., a 164-unit multifamily property in Chicago’s South Shore neighborhood.… Read more
Baxter Retains JLL to Sell the Pharma Giant’s North Suburban Chicago Headquarters Campus
Pharmaceutical giant Baxter International has put its north suburban Chicago headquarters up for sale and is searching for a new headquarters,… Read more
Connect Midwest Event to Focus on Challenges, Changes and Opportunities
Connect CRE’s last live event before the onset of the pandemic was Connect Industrial Midwest in Rosemont, IL. Two years… Read more
Interra Brokers South Loop Sale for Crescent Heights
Interra Realty brokered the $82.5-million sale of Astoria Tower, a 30-story, 248-unit luxury multifamily high-rise at 8 E. 9th Ave.… Read more
Logan Square Apartments Trade After 30-Year Hold
Essex Realty Group, Inc. recently facilitated the sale of 2809 W. Logan Blvd., a greystone apartment building in Logan Square.… Read more