Chicago
Multifamily Renters (Mostly) Pay on Time as COVID-19 Spreads
By Paul Bubny With apologies to the old game show that went by this name, it’s not “the $64,000 question”… Read more
NKF Arranges $103M Financing on JV’s Cityfront Place Deal
NKF Multifamily arranged $102.5 million in financing for the acquisition of Cityfront Place in Downtown’s Streeterville neighborhood. The property was acquired by… Read more
American Landmark Trades Offices in Western Suburbs
JLL Capital Markets closed the $24.18-million sale of Two TransAm in Oakbrook Terrace and 750 Warrenville in Lisle, two Class A… Read more
Deconversion Deal Crosses Finish Line in Chicago’s Gold Coast
CBRE completed the $44-million condo deconversion sale of 21 East Chestnut Condominiums, a 163-unit condo property in Downtown’s Gold Coast… Read more
Meridian Design Build Wraps Up Project for Amylu Foods
Meridian Design Build recently wrapped construction on an 84,000-square-foot USDA meat processing plant for Amylu Foods at 1400 W. 44th… Read more
Clear Height Completes Buildout for Singerman’s Loop Offices
Singerman Real Estate, a real estate private equity firm, has relocated to a new, 8,000-square-foot corporate headquarters office at 980… Read more
Chicago Office Faces Uncertainty After Strong Start to 2020
Aside from suburban office, where vacancies increased 10 basis points, the Chicago office market began 2020 strong, says NKF. For… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
B6 Adds Capital Markets Veteran Trisha Connolly
B6 Real Estate Advisors has hired Trisha Connolly as senior managing director in its capital advisory division. Connolly has originated more than… Read more
Uber Pauses Buildout at Old Post Office Due to COVID-19
Uber has halted construction on its 463,000-square-foot space at 601W Cos.’ Old Post Office redevelopment, the Chicago Tribune reported. It’s… Read more
Old Town Triangle Mixed-Use Trades for First Time in Five Decades
Interra Realty brokered the $4-million sale of 1935-43 N. Sedgwick St., a mixed-use property in Chicago’s Old Town Triangle historic district.… Read more
Berkadia Adds JLL’s Skok and Bond in Chicago
Berkadia has added three new managing directors to its mortgage banking team. Steve Skok and Jason Bond will be based… Read more
Chicago Establishes $100M Small Business Resiliency Fund
Applications are now open for $100 million in low-interest loans through Chicago Small Business Resiliency Fund, the city’s unprecedented effort… Read more
11 Affordable Projects Will Advance Under Revamped Allocation Plan
Eleven projects totaling nearly $400 million have been selected to move forward through Chicago’s revamped federal tax credit allocation distribution… Read more
Chicago Spec Industrial Sees Steadily Rising Demand
The Chicago region’s industrial market has seen 73.6 million square feet of speculative product delivered since 2013, says Colliers International.… Read more
Top Broker Honoree: Cushman & Wakefield’s Chris Wood
Cushman & Wakefield’s Chris Wood is annually one of the top-producing brokers in the Chicago market. The value of his… Read more
Top Broker Honoree: Marcus & Millichap’s Andrew Margulies
With a focus on shopping centers and net-leased properties in 2019, Marcus & Millichap’s Andrew Margulies saw more than $108… Read more
Top Broker Honorees: Berkadia’s Mid Markets Group
Berkadia’s Mid Markets Group is a cohesive, 10-broker investment sales team that helps owners of multifamily properties determine the best… Read more
Top Broker Honoree: JLL’s Frank Griffin
A veteran of more than 20 years in commercial real estate, Frank Griffin joined JLL in 2009 as EVP for… Read more