Chicago
Chicago/Midwest People & Company News, week of October 24, 2025
Colliers has appointed Josh McGee as vice chair. Based in Chicago, McGee brings more than twenty-five years of experience advising… Read more
Walker & Dunlop Arranges $92M Refinance for Hiltons at McCormick Place
Walker & Dunlop arranged $92 million to refinance the Hiltons at McCormick Place, a 23-story, 466-key tri-branded hotel connected to… Read more
Marcus & Millichap Arranges Sale of ALDI-Shadow Anchored Retail Property
Marcus & Millichap brokered the sale of a 10-suite, two-building, ALDI shadow-anchored retail property in Ottawa, Illinois, for $4.4 million.… Read more
Hillwood, Clarius Partners Break Ground on University Park Logistics Center
Hillwood and Clarius Partners recently held a groundbreaking ceremony for University Park Logistics Center, a speculative 970,123 square-foot industrial development… Read more
Pegasus Completes Three Chicago Region Retail Property Deals
Pegasus has completed three recent retail property transactions across the Chicago metropolitan area valued at nearly $8 million, spanning multi-tenant… Read more
Cava Restaurant Expands Chicagoland Footprint
Cava Group Inc. is opening more suburban Chicago locations after signing new leases in Buffalo Grove and Bolingbrook. CBRE announced… Read more
Essex Three-Twelve Closes Lincoln Park Multifamily Sale
Essex Three-Twelve, LLC completed the sale of 2525 North Orchard Street, a six-unit multifamily property located in Lincoln Park. Essex… Read more
Interra Realty Brokers Sale of Albany Park Multifamily Properties
Interra Realty brokered the sale of two multifamily properties in Chicago. The 24-unit 4954 N. Christiana Ave. in the Albany… Read more
Kiser Brokers Sale of Colorado Skilled Nursing Facility for $13M
Mark Myers of Kiser Group has successfully brokered the sale of Forest Ridge, a 95%-occupied skilled nursing facility located in… Read more
Marcus & Millichap Arranges Sale of $16M Chicago Mixed-Use Property
Marcus & Millichap brokered the sale of a mixed-use property including 22 multifamily units and five commercial suites in Chicago,… Read more
Target-Anchored Retail Center in Suburban Chicago Trades Hands
JLL has secured the sale of Hillside Town Center, a 160,330-square-foot open-air retail center located in Hillside, Illinois, within the… Read more
Eisenberg Foundation Announces Annual Gala, Targets Fundraising Goal
The Harold E. Eisenberg Foundation will host its annual dinner gala on November 6 to raise money for gastrointestinal cancer… Read more
BWE Secures $34M to Finance Build-to-Rent Homes in Milwaukee
BWE has secured $33.57 million in permanent financing for Heyday Oak Creek, a 130-home, market-rate, build-to-rent community in Oak Creek,… Read more
Albion Residential Breaks Ground on St. Louis Apartment Complex
Chicago-based Albion Residential, along with partners Koplar Properties and Theis Group, announced the groundbreaking of Magnolia Ridge in Des Peres,… Read more
SFR Operating Margins Challenged by Slowing Rent Growth
Slowing rent growth due to oversupply and softening demand are weighing on single-family rental (SFR) operating margins and smaller landlords… Read more
Downtown Chicago Office Vacancy Stabilizes, Leasing Momentum Continues
Direct vacancies remained flat in Chicago’s downtown office market from the previous quarter, and absorption rebounded considerably, suggesting the CBD… Read more
BlackRock-Led Consortium to Acquire Aligned Data Centers
A BlackRock-led consortium known as the Artificial Intelligence Infrastructure Partnership (AIP) said Wednesday it would acquire 100% of the equity… Read more
Greenstone Partners Sells Two Turnkey Multifamily Assets in Chicago
Greenstone Partners sold 1343 North Western and 1045 North California, two newer construction, turnkey multifamily investment properties located in Chicago’s… Read more
Pegasus Advises on $11M Disposition of Chicago Multifamily Portfolio
Pegasus, a national commercial real estate advisory firm, announced the disposition of an eight-building, 94-unit multifamily portfolio in Chicago’s Rogers… Read more