Chicago
Konnect RE Launches Second Private RE Debt Fund
Following the success of its initial fund, KNCT Lending, Chicago-based Konnect Real Estate has launched its second privately held real… Read more
Darwin Realty Joins CORFAC Network
Elmhurst, IL-based Darwin Realty has joined CORFAC International as the newest U.S. affiliate of the global network. Darwin is the… Read more
Millennium Park Reopens; Lakefront Trail Will Follow Next Week
Chicago’s most-visited attraction, Millennium Park, began “cautiously reopening” on Monday, with safeguards and best practices from the Chicago Department of… Read more
Chicago’s Big-Box Industrial Saw Record Q1 Before Pandemic
Although what’s next for Chicago’s big-box industrial market is uncertain amid the economic fallout of the COVID-19 pandemic, it’s clear… Read more
Chicago Region’s Airports Get Boost from Freight Shipments
Even as coronavirus fears empty out passenger terminals and lead to curtailed airline service, rising freight shipments driven by double-digit… Read more
City Council to Vote on Ordinance Easing Path for Outdoor Dining
Chicago’s City Council is expected to vote Wednesday on an ordinance intended to remove regulatory burdens and provide financial relief… Read more
JK Equities Launches Build of West Loop Condos
A pandemic notwithstanding, construction has begun on JK Equities’ 1400 Monroe boutique condominium project in the West Loop. Lakeside Bank is the… Read more
Grubhub Valued at $7.3B in All-Stock Merger
Chicago-based Grubhub and Amsterdam-based Just Eat Takeaway.com will merge in an all-stock deal that values Grubhub at about $7.3 billion,… Read more
Mosaic Begins Renovations on Far South Side MOB
Locally-based Mosaic Construction LLC has launched construction on a new medical office renovation project for TCA Health, a medical clinic serving… Read more
Starbucks’ Transformation Plan Includes Closing 400 Stores, Adding Pickup Options
Seattle-based Starbucks plans to accelerate the transformation of its store portfolio in the U.S. through the integration of the physical… Read more
Eisenberg Foundation Rolls Out Reimagined Summer Fundraisers
In view of the COVID-19 situation, the Harold E. Eisenberg Foundation (HEEF) has reimagined its summer fundraising events. Proceeds from… Read more
North Wells Tops Out on River North Creative Office
North Wells Capital, and its affiliate Urban Innovation, Ltd., have topped out exterior construction on the redevelopment of 306 West… Read more
90 North Acquires Net-Leased Healthcare HQ Near Cincy
The Chicago office of 90 North Real Estate Partners, acting as investment advisor to Kuwait-based Rasameel Investment Company, acquired the… Read more
City of Chicago Cancels Special Events Through Labor Day
The city of Chicago has canceled all permitted special events through Labor Day, the Lightfoot administration and the Department of… Read more
Aries, Frontline, Four Corners Launch Hotel Receivership Platform
Neil Freeman and Aries Capital have partnered with Joshua Joseph and Matthew Tarshis of Frontline Real Estate Partners and Michael… Read more
Dermody Will Re-Lease Newly Acquired Libertyville Industrial
Dermody Properties recently acquired a 596,616-square-foot logistics building at 1501 Harris Rd. in Libertyville, IL. Deal terms weren’t disclosed. The… Read more
Black Bear Capital Opens Offices in Chicago, NJ
Black Bear Capital Partners (BBCP), a real estate financial advisory firm and affiliate of Black Bear Asset Management, has expanded its national platform by opening… Read more
Chicago Corporations Team on Developing Best Practices for Reopening
Aon, with U.S. headquarters in Chicago, is leading a coalition of major Chicago corporations to draw up safe standards for… Read more
Navy Pier Will Begin Phased Reopening June 10
Navy Pier will begin a phased reopening on June 10, with select attractions open and available to the public between… Read more