Chicago
Essex Realty Lists Ravenswood Boutique MF
4540 N. Ravenswood Ave., a new boutique multifamily property in the North Side’s Ravenswood neighborhood, has been listed for sale… Read more
Dalfen Partners with Goldman Sachs on Multi-State Industrial Deal
Dallas-based Dalfen Industrial will partner with Goldman Sachs Merchant Banking Division on a 46-property last-mile industrial portfolio. Financial terms of the… Read more
Bronzeville’s Mercy Hospital Will Close in Early 2021
Mercy Hospital, located at 2525 S. Michigan Ave. in Bronzeville, will close sometime between Feb. 1 and May 31 of… Read more
First Western Closes Deals in Tri-Taylor, Little Italy
First Western Properties finalized the acquisition of two greystone properties on Chicago’s West Side: the six-unit 1434 W. Flournoy in… Read more
Watermark Lodging Completes $450M Financing with Oaktree, Ascendant
Watermark Lodging Trust, a Chicago-based hotel REIT formed by the merger of two former Carey Watermark vehicles, has completed a strategic… Read more
Pandemic, Property Taxes Weigh on Chicago CRE, Says DePaul/ULI Study
More than 60% of real estate professionals with ties to The Real Estate Center at DePaul University and the Urban Land Institute… Read more
NRC Markets Two Foreclosed Properties in West Ridge
NRC Realty & Capital Advisors was retained to sell two commercial properties in the North Side’s West Ridge neighborhood. Located at… Read more
West Loop’s Two-Tower Porte Launches Move-Ins
Lendlease Development and The John Buck Company, together with partner Intercontinental Real Estate Corporation, launched move-ins at Porte, a two-tower, mixed-use development at 855 W. Madison St. in… Read more
Ventas Forges New Agreements with Brookdale
Ventas, Inc. has entered into a revised master lease agreement and other agreements with Brookdale Senior Living Inc. The revised… Read more
IDI Logistics Names Gibbel VP of Capital Deployment
IDI Logistics appointed Scott Gibbel as VP of capital deployment and leasing for the company’s Chicago region. Based at IDI’s… Read more
Marcus & Millichap Closes Deal for Omaha La Quinta
Marcus & Millichap arranged the sale of La Quinta Inn by Wyndham Omaha – Northwest, a 129-room hospitality property in Omaha. Pricing… Read more
Waterton-Kor JV Begins Delivering Units at Historic Sherman Oaks MF
Chase Knolls, a 14-acre apartment community on four city blocks in Sherman Oaks, entered a new era with the debut… Read more
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