Chicago
Walton Street Launches Core Debt Platform
Chicago-based Walton Street Capital, L.L.C. recently launched a core debt platform to target floating-rate and fixed rate loans secured by… Read more
Six-Flat with Upside Potential Trades in Roscoe Village
Essex Realty Group recently facilitated the sale of 1940 W. Addison St. in the North Side’s Roscoe Village neighborhood. A local investor acquired… Read more
Syntellis Establishes Global Headquarters in Fulton Market
Syntellis Performance Solutions, a provider of enterprise performance management software, data and analytics solutions, will establish its global headquarters at Tishman… Read more
Blackstone Puts Schaumburg Shopping Center on the Market
Blackstone has hired the Chicago office of Eastdil Secured to sell Streets of Woodfield, a 693,000-square-foot shopping center next to… Read more
Three-Property Medical Office Portfolio in Charlotte Area Trades for $31M
JLL Capital Markets has closed the $31.4 million sale of a three-property, core medical office portfolio totaling 72,499 square feet… Read more
Illinois Medical District Names New Executive Director
The Illinois Medical District (IMD) will have new leadership to develop the 560-acre health science campus as a global innovation hub. IMD commissioners on… Read more
Marcus & Millichap’s Stengle Closes Deal on Bucktown/Logan Square Border
Marcus & Millichap closed the sale of 2143 North Western Ave., a six-unit apartment property located on the border of the Bucktown and… Read more
Pangea Wraps Renovations on Two South Shore Properties from BHF Portfolio
Pangea Properties has completed renovations at 2050 E. 72nd Pl., an 18-unit apartment building, and 7800 S. South Shore Dr., a… Read more
Harrison Street, 1547 Acquire Four Data Centers from CIM
Data center owner/operator fifteenfortyseven Critical Systems Realty, LLC and Harrison Street have acquired four strategically located data centers, including two in Chicago and one each in Orangeburg,… Read more
JPMorgan Chase Elevates Michelle Herrick to Head of Real Estate Banking
JPMorgan Chase has promoted Chicago-based Michelle Herrick to head of Real Estate Banking (REB). The REB business delivers customized debt solutions and… Read more
Nature’s Fynd Will Upsize South Side Production Capacity by 200K SF
Locally based Nature’s Fynd, a food company that grows nutritional fungi protein, plans to expand to a second production location on Chicago’s South Side. The company… Read more
Owner of 245 Park in NYC, 181 W. Madison in Chicago Files for Chapter 11
PWM Property Management, an HNA Group venture that owns 245 Park Ave. in Midtown Manhattan and 181 W. Madison St. in Chicago, said Monday it had… Read more
Historic Gold Coast Showroom Space Trades for $45M
Fundamental Income, a Phoenix- based net lease real estate platform, purchased RH Chicago, The Gallery at the Historic Three Arts Club for… Read more
CORFAC Names 2021 Winners of Member Excellence Awards
CORFAC International recently announced winners of the 2021 Member Excellence Awards, which recognize individuals who exemplify excellence, integrity, dedication, and participation in… Read more
Chicago RFP Yields Five Bids to Develop City’s First Casino
Five proposals were submitted for the City of Chicago’s RFP seeking development plans for the city’s first casino-resort. The winning proposal, to be… Read more
A New Model for Measuring CRE Market Risk
With the pandemic leading commercial real estate professionals to rethink assumptions about which markets are safe and which are risky, the NAIOP Research Foundation has developed… Read more
Union Investment Picks Up Gold Coast Retail after Three-Year Hiatus from U.S. Market
Following a pause of more than three years, Union Investment is actively investing in the U.S. real estate market again and has acquired… Read more
WPD Names First-Ever Director of Business Development
WPD Management, a property management company operating throughout Chicago’s South Side, has hired Dan Nagle as director of business development. Nagle is the first person to hold this… Read more
$370M Quartet of Apartment Deals Illustrates Chicago’s Appeal
CBRE’s John Jaeger, Dan Cohen and Justin Puppi recently arranged four separate capital market transactions of multifamily properties in the Chicago area.… Read more