Chicago
United Center Will Be Used as Distribution Hub in COVID-19 Fight
The city of Chicago will repurpose the United Center, home of the Bulls and Blackhawks, and its surrounding parking lots… Read more
Equity Residential Implements COVID-19 Guidelines on Renter Relief
Equity Residential (EQR) said Tuesday it supports the plan put forth by the National Multifamily Housing Council to mitigate the… Read more
AIA Sells Lincoln Square Apartments, Brings More to Market
Apartment Investment Advisers (AIA) recently closed the sale of a nine-unit mixed-use building in the North Side’s Lincoln Square neighborhood,… Read more
City of Chicago to Rent Out Hotel Rooms for COVID-19 Patients
With a view toward easing the strain on hospitals, as well as helping to slow the spread of the coronavirus,… Read more
Nonprofit Expands to 61K SF in Central Loop Relocation
Feeding America is relocating its headquarters to 61,324 square feet at 161 N. Clark in Chicago’s Central Loop. The relocation… Read more
SIOR Recognizes Top Deals, Dealmakers of 2019
The Society of Industrial and Office Realtors (SIOR) announced its Top Transactions Award Winners of 2019. The Washington, D.C.-based group… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
COVID-19 Restrictions Mean 63% Drop in Loop Footfalls
Pedestrian traffic in the Loop declined by 63% between March 10 and March 17, and by 42% year-over-year during St.… Read more
Coworking Company Convene Closes Boston Location Amid COVID-19 Outbreak
Coworking company Convene has closed its location in downtown Boston in response to the ongoing outbreak of COVID-19. The New… Read more
Ventas Withdraws 2020 Guidance in View of COVID-19
Ventas Inc. said Tuesday it was withdrawing its 2020 guidance while carefully monitoring the impact of the COVID-19 pandemic, and… Read more
Savanna’s Boutique Tower Signs CA Ventures as First Tenant
Savanna’s 106 W. 56th St. boutique office tower, The Six, is getting off to a big start with a small… Read more
JLL Lines Up Debt and Equity for Evanston Seniors Project
JLL Capital Markets arranged construction debt and joint venture equity for the development of Trulee Evanston, a 163-unit luxury seniors housing property… Read more
Convene Shutters All Locations Through March 31
Flexible-office and meeting-space provider Convene has temporarily closed all locations across Manhattan and five other cities in response to the… Read more
Fern Hill Plans Boutique Hotel Along Motor Row
A venture led by Nick Anderson, formerly of Related Midwest, paid nearly $6.3 million last month for a property at… Read more
Lee IL Arranges Industrial Deals in Elk Grove Village
Lee & Associates recently closed two industrial transactions in Elk Grove Village, IL. The first was the sale of a 24,350-square-foot industrial building… Read more
NHPF Reopens Historic Mark Twain SRO
City officials joined with the NHP Foundation (NHPF) recently to reopen the renovated and restored Mark Twain. The historic property… Read more
IREM Chicago Recognizes Excellence with Annual Awards
Two companies and four individuals were recognized for excellence and outstanding contributions to the property management industry March 6 during… Read more
TruAmerica Pays $54M to Buy 306-Unit Mission Springs Apartments
TruAmerica shook hands with 29th Street Capital of Chicago to acquire Mission Springs Apartments, a 306-unit multifamily asset in Tempe,… Read more
JLL Rolls Out Pre-Curated Workspaces to Fight the Office Blahs
In the interests of helping corporate tenants overcome the workplace blahs, JLL is bringing three distinctly pre-curated workspaces, dubbed “JLL’s office design… Read more