Chicago
Lightfoot Administration Selects $200M of INVEST South/West Projects
The Lightfoot administration on Monday announced the selection of four mixed-use INVEST South/West projects planned for areas in South Chicago, North… Read more
Mag Mile Capital Arranges Refi on Ann Arbor Offices
Mag Mile Capital’s Chicago office recently closed a $7,000,000 loan for 600 S. Wagner Rd., a 128,000-square-foot office/flex space in Ann Arbor, MI. The recourse loan was… Read more
Erin Spears Rejoins Fifield Companies as President
Chicago-based Fifield Companies has hired Erin Spears as president of the national development firm, which is expanding its presence in major Southeast and Southwest markets.… Read more
Former Studio Movie Grill Rebrands, Reopens in Chatham
Detroit-based Emagine Entertainment has reopened a former Studio Movie Grill location in the South Side’s Chatham neighborhood. Now known as Chatham Cinema Powered… Read more
Supreme Court Nixes Bid to Halt Obama Center Project
The U.S. Supreme Court declined Friday to stop work at the site of the proposed Obama Presidential Center in the South Side’s Jackson Park. Justice… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
State Pushes Back Deadline for Bids on Thompson Center
The state has extended the deadline for prospective buyers to bid on downtown Chicago’s James R. Thompson Center. With that extended deadline comes a new closing date… Read more
Boulder Group Closes Sale of Wrigleyville Bank Branch
The Boulder Group completed the sale of a net-leased PNC Bank at 3556 N. Ashland Ave. in the North Side’s… Read more
Obama Center Cost Now Projected at $830M
The Obama Foundation has released documents that detail the latest and most comprehensive price tag yet on the upcoming presidential… Read more
Scion Reportedly Talks $1B Student Housing JV with Brookfield
Brookfield Asset Management is in advanced talks to form a joint venture with Chicago-based Scion Group to acquire at least $1 billion… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
Sterling Bay Holds Ceremonial Groundbreaking in Fulton Market
Following a Crain’s Chicago Business report that Sterling Bay had secured $100 million in financing for 345 N Morgan in the Fulton… Read more
Andersonville Multifamily Trades at Full Asking Price
Kiser Group has closed on a 40-unit multifamily property in the North Side’s Andersonville neighborhood. 5301 N. Ashland Ave. went under… Read more
CME Denies Report of Possible $16B Deal for Rival Cboe
Two Chicago-based exchange operators made the headlines Wednesday, with the Financial Times reporting that CME “has approached” smaller rival Cboe regarding an all-share deal to acquire… Read more
CNI’s Ciere Boatright Joins Clayco Team
CRG, the real estate development and investment arm of Chicago-based Clayco, has hired Ciere Boatright as VP of real estate and community development. She’ll work closely… Read more
Chicago Reinstates Mask Requirement for Indoor Public Settings
The Chicago Department of Public Health (CDPH) said Tuesday that it will re-institute a face mask mandate for all indoor public… Read more
North Lawndale’s Ogden Commons Sees First Retail Tenants Move In
The Habitat Company recently welcomed Wintrust Bank and Momentum Coffee as the first retail tenants at Ogden Commons, a 10-acre, $200-million mixed-use development in the West Side’s… Read more
Ryan Tops Off at $110M Senior Living Project on Northwest Side
Ryan Companies US recently topped off Clarendale Six Corners, a 10-story, 258-unit senior living community on Chicago’s Northwest side. The 10-story, $117-million retail and… Read more
We’re Looking for More of Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2021 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more