Chicago
Englewood Completes Goose Island Cannabis Dispensary
Englewood Construction was recently awarded two cannabis dispensaries in the Chicago area for Chicago-based Windy City Cannabis. One of these opened… Read more
Chicago CBD Office Leasing Stays in Positive Territory
Pandemic or no pandemic, office leasing in Chicago’s CBD stayed in positive territory during the second quarter, CBRE reported. That… Read more
Lake Point Tower’s “Crown Jewel” Restaurant Up for Sale
Cité Chicago, the circular fine dining restaurant at the top of Lake Point Tower, is on the market for the first… Read more
Kiser Group Elevates Sklar to Partner
Kiser Group has named Aaron Sklar, who specializes in South Side multifamily sales, has been named partner. Sklar is the second… Read more
LLC Nabs Berwyn Apartments
Marcus & Millichap arranged the sale of Green Garden Apartments, a 24-unit apartment property located in Berwyn, IL. The property sold for $1,900,000,… Read more
SRS Brokers $10M Sale of Tuscaloosa Retail Property
SRS Real Estate Partners’ National Net Lease Group has brokered the $10.2 million sale of a single-tenant, 41,921-square-foot retail property… Read more
Buildout’s New Investing Partner Fuels Further Growth Plans
Brokerage software company Buildout has announced today that they secured a new investing partner in The Riverside Company. This new… Read more
Pacific Oak Acquires 196 SFRs in Chicago Metro
Pacific Oak Residential Trust, Inc., a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, said it had acquired a portfolio… Read more
Marshall Bennett Institute Adds Six New Instructors
The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) announced today it has expanded course offerings and added six new instructors –… Read more
Q&A with Project Management Advisors’ Roger McCarron on the Evolving Role of the Commercial Real Estate Project Manager
The complexity of the commercial development process was already increasing even before 2020 complicated nearly every aspect of a real… Read more
Manulife Names RE Asset Management Director for Midwest
Christine Choi Moore has been named appointed Manulife Investment Management’s director, real estate asset management for the Midwest. The appoint is effective immediately. Moore has… Read more
Calatrava Sculpture Coming to River Point Park
River Point partners Ivanhoé Cambridge, Hines and Levy Family Partners announced the installation of Constellation, the Calatrava sculpture for River Point… Read more
Berkadia Arranges Sale and Financing on Laredo Multifamily
Berkadia arranged the sale and financing of Lago del Mar Apartments, a 260-unit garden-style apartment community in Laredo. Senior managing director… Read more
Interra Brokers Deal for New-Build River North Rentals
Interra Realty brokered the $9.58-million sale of 943 N. Crosby St., a 27-unit rental community in River North. The price per… Read more
Chicago Multifamily Lending Holds Surprisingly Steady
Chicago multifamily lenders have seen fewer significant changes to lending conditions than might be expected during the COVID-19 pandemic and… Read more
Potbelly Brings in QSR Veteran Wright as CEO
Potbelly Corporation, headquartered in Chicago, named Robert D. Wright as president and CEO, succeeding Alan Johnson. A 30-year veteran of the… Read more
Fifield Unveils Name for River West Apartments Due This Fall
Fifield Cos. announced the name Westerly for its development at 740 N. Aberdeen St. in River West. Opening this fall, the 11-story… Read more
Lightfoot Reinstates Some Restrictions as COVID Cases Return
The Lightfoot administration will re-tighten COVID-19 restrictions for bars, restaurants, gyms and personal services as a precaution due to a… Read more
Monroe, Pearlmark Provide Mezz Debt on Sterling Bay/Magellan Tower
Monroe Capital’s Opportunistic Private Credit group said it closed on a $24.5-million mezzanine loan for the development of 300 N.… Read more