Chicago
1031 Buyer Snags Oak Park Apartments
Interra Realty brokered the $1.45-million sale of 426 Wesley Ave., an 11-unit apartment building in Oak Park, IL, a western suburb… Read more
Murphy Development Joins Team on Skokie Resi
8000 North LLC formed a partnership with Murphy Development Group, a division of Murphy Real Estate Services, for the ownership… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
MXU in Grand Blvd. Lines Up LIHTC
The Habitat Company has cleared a key hurdle in financing the first phase of 43 Green, a $35-million mixed-income, mixed-use… Read more
1 North Dearborn Wins Regional TOBY from BOMA
Beacon Capital Partners and MB Real Estate (MBRE) said their 1 North Dearborn office tower won the regional competition for The Outstanding… Read more
Industrial Sales Hold Steady in Chicago
Industrial investment sales continued at a steady pace in the Chicago region during the first quarter, despite market shifts late… Read more
Kiser Group Cites an Active But Changed Brokerage Environment Amid Pandemic
From listing to marketing, to showings to escrows to closing, Chicago multifamily brokerage is different than it was in early… Read more
North Side Alderman Introduces Rent-Relief Legislation
Ald. Matt Martin, who represents the 47th Ward on the North Side, has introduced an ordinance to the City Council… Read more
Chicago Suburban Office Has History of Stability On Its Side
As with many office markets across the U.S., the suburbs of Chicago are largely on pause due to COVID-19. However,… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Downtown Office Outlook a Question Mark for Now
Despite reaching a five-year high in vacancies, Downtown Chicago’s office market is best described as “healthy.” How healthy it remains,… Read more
Lightfoot Sees Flattening Curve in Pandemic Cases
New data suggest that social distancing and the state’s stay-at-home order may be working to flatten the COVID-19 curve in… Read more
Kenwood Apartments Trade to Buyer with Long-Term Vision
Interra Realty brokered the sale of 4119 S. Ellis Ave., a 23-unit apartment building in the South Side’s Kenwood neighborhood, for… Read more
MJ Zaring Joins Newcastle as VP of Asset Management
MJ Zaring has joined Newcastle Limited as VP of asset management. In her new position, Zaring will be part of Chicago-based… Read more
Pritzker Pursues Midwest Coalition on Restarting States’ Economies
Illinois Gov. JB Pritzker seeks to form a regional coalition to pursue common goals in reopening states’ economies that have… Read more
Samantha Fisher Joins Transwestern Chicago in Workplace Strategy Role
Samantha Fisher has joined Transwestern as director of workplace strategy. Based out of Transwestern’s Chicago office, she will focus on… Read more
DePaul Team Takes Top Honors in Eisenberg Foundation Challenge
A DePaul University team’s proposal for redeveloping 7.9 acres of the Moody Bible Institute campus garnered top honors and $5,000… Read more
Brennan Promotes McCarthy to Focus on Milwaukee, Minneapolis Buys
Brennan Investment Group promoted Luke McCarthy to senior associate, with a focused responsibility to acquire industrial assets in the Milwaukee/Minneapolis markets. McCarthy is… Read more
Ravenswood MOB Trades for $14M
Cushman & Wakefield’s Healthcare Capital Markets team represented owner 1945 W. Wilson LLC in the $13,850,000 sale of a multi-tenant,… Read more