Chicago
We’re Looking for More of the Year’s Top Leasing and Sales Brokers
Although early response has been positive for Connect CRE’s fifth annual call for Top Broker Award nominations, we’re looking for as wide a cross-section of… Read more
Origin Launches $250M Fund Targeting Ground-Up Development
Chicago-based Origin Investments is launching Growth Fund IV, a $250-million closed-end capital fund targeted to invest in up to $1 billion of ground-up multifamily developments in high-growth markets across the… Read more
Keller Williams ONEChicago Brokers Hyde Park Mixed-Use Deal for $10M
Keller Williams ONEChicago has brokered the sale of the 40-unit, mixed-use property at 5228 Blackstone St. in the South Side’s… Read more
Downtown Chicago Office Ends Streak of Negative Absorption
The Chicago CBD ended its streak of four consecutive quarters of negative net absorption after realizing 81,197 square feet of positive… Read more
ACRES Capital Lends on Fulton Market Mixed-Use
ACRES Capital Corp. has originated a $30.5-million loan to fund the acquisition and pre-development of 1200 W. Fulton St. in the Fulton… Read more
Optima Launches Pre-Leasing at Lakeview Rentals
Optima, Inc. has launched pre-leasing for its 198-unit Optima Lakeview luxury rental apartment building, which includes 14,000 square feet of street-level retail at… Read more
Birk | Sklar Team Hits the Ground Running as 2022 Begins
Kiser Group’s Birk | Sklar team hit the ground running in 2022 after facilitating 73 total transactions in 2021, breaking… Read more
Allstate Buys West Loop Tower for Possible Headquarters
As it prepares to sell its longtime Northbrook, IL campus, Allstate has purchased 29 N. Wacker Dr. in downtown Chicago and may turn the 133,580-square-foot… Read more
Safehold Ground Lease Recapitalizes South Loop Resi Tower
Safehold Inc. has expanded into the Chicago market, via a ground lease to facilitate the recapitalization of 1000 South Clark, a Class A multifamily… Read more
Frontier Airlines Will Resume Midway Airport Service
Frontier Airlines, which ceased flying out of Midway Airport in 2015, will resume service from the South Side facility in April. Flights from Midway initially will… Read more
ASC Furnishes Bridge Loan for Wichita Portfolio
American Street Capital (ASC) has secured a $4,275,000 acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, KS. Kyle… Read more
Braze Inks Sublease in Chicago Expansion
Customer engagement platform Braze, Inc. subleased a 50,023-square-foot full floor in a multiyear transaction at Shorenstein Properties’ One North State Street. The tenant, which went public… Read more
Skender Promotes Three at Chicago Offices
Skender has made executive and senior management promotions for three rising leaders at its Chicago offices. They include Jeff Reist and Lauren Torres,… Read more
Essex Realty’s Eilian Closes Ukrainian Village Deal
Essex Realty Group recently facilitated the sale of 1041 N. Hermitage Ave., a corner six-unit multifamily property located in the… Read more
Urban Umbrella Completes Venture Debt Funding Round
Scaffolding alternative Urban Umbrella has raised $6.5 million in venture debt. The round was led by New York-based Anthos Properties, a commercial and… Read more
JLL IPT Picks Up New-Construction Elgin Warehouses
JLL Income Property Trust (IPT) has acquired Elgin Distribution Center, a Class A, two-building industrial property totaling 407,000 square feet and located… Read more
Walker & Dunlop Expands Reach into Grand Rapids
Walker & Dunlop, Inc. has expanded its footprint into Grand Rapids, MI with the addition of managing director Matt Jones, Jones will… Read more
Vivid Seats Relocates Headquarters to Marshall Field Building
Chicago-based online ticket broker Vivid Seats plans to move its headquarters to the historic Marshall Field building in converted office… Read more
Inflation is Risk Number One for Private CRE Investors
Inflation tops the list as the biggest economic risk for private real estate investing in 2022, says Origin Investments. Noting that inflation grew at the fastest… Read more