Chicago
Marcus & Millichap Closes Two-Tenant Retail Sale in Lockport
Marcus & Millichap recently closed the sale of Arbys & Bank of America Grocery Shadow Anchor, a 3,670-square foot, two-tenant… Read more
Evergreen Adds Nearly 1,000 Units to Management Portfolio
Evergreen Real Estate Group has been retained to manage affordable housing communities comprising a total of 971 units across Illinois, Minnesota, Ohio, Pennsylvania… Read more
Chicago Ready for Next Phase of Pritzker’s Reopening Plan
Gov. J.B. Pritzker said Thursday that the Chicago region has joined three others in Illinois in being on track to… Read more
Gary Nussbaum Moves to CBRE on Capital Markets Team
Gary Nussbaum has joined CBRE as SVP on its capital markets team. He brings more than 30 years of investment… Read more
Draper and Kramer Launches Pre-leasing at South Loop Rentals
Pre-leasing is underway for Draper and Kramer’s Aspire Residences, a 24-story, 275-unit apartment tower in the South Loop. Located less than… Read more
Jackson Dearborn Breaks Ground Near U. of Illinois/Champaign
Jackson Dearborn Partners (JDP), based in Chicago, broke ground on ICON, a 276-bed student housing project at the University of… Read more
Willis Tower’s “Catalog Cares” Supports Healthcare Workers, Eateries
EQ Office launched Catalog Cares, an initiative that allows both the 15,000 people who work at Willis Tower in Chicago and the… Read more
Lightfoot Unveils Five-Phase Plan for Reopening
Mayor Lori Lightfoot on Friday revealed the “Protecting Chicago” framework that the city will be using to guide Chicago’s reopening… Read more
Berkadia Secures Construction Debt for Cleveland-Area Apartments
Berkadia closed on construction financing for The Ascent at Top of the Hill, a midrise multifamily property in Cleveland Heights,… Read more
Project Management Advisors Expands to Austin
Chicago-based Project Management Advisors, Inc. (PMA) acquired American Realty Project Management (ARPM) in Austin as part of PMA’s strategy to expand its… Read more
Boston’s High Street Scores Chicago-Area Industrial Portfolio
JLL Capital Markets recently closed the sale of a five-property industrial portfolio totaling 539,109 square feet along Interstate 80 in the Chicago-area suburb of… Read more
KeyBank Provides Bridge Loan to Renovate Section 8 Complex
KeyBank Community Development Lending and Investment secured a $2.6-million equity bridge loan on behalf of Evergreen Real Estate Group to renovate… Read more
Kiser Group Completes Portfolio Deal in Portage Park
Kiser Group brokered a three-building, 36-unit portfolio located in the North Side’s Portage Park neighborhood. The portfolio included 3905-11 N.… Read more
Sharko/Weisenbeck Team Makes Fast Work of Restaurant Deal
Marcus & Millichap arranged the sale of a net-leased Church’s Chicken in the South Side’s West Englewood neighborhood. The property… Read more
$6B Michael Reese Redevelopment Plan Takes Shape
A team led by Farpoint Development intends to show its $6-billion plan for redeveloping the former Michael Reese Hospital site… Read more
Fed Leaders See Slow and Uneven Recovery
The U.S. economy could start to recover in the second half of 2020 after what’s shaping up to be the… Read more
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
Care Facility at McCormick Place Will Be Phased Out
As a marker of progress in containing the coronavirus pandemic, Chicago Mayor Lori Lightfoot and Illinois Gov. JB Pritzker jointly… Read more
Call Goes Out for Design Team on Discovery Partners Institute
COVID-19 or no, the Discovery Partners Institute (DPI) project at the University of Illinois is advancing. The state’s Capital Development… Read more