Chicago
Chicago Fund Snags 202-Unit Aspens at Mariposa Point
A fund managed by Green Courte Partners LLC of Chicago bought its 11th senior housing property, the 202-unit Aspens at… Read more
NKF Arranges 5 Industrial Deals Across Region
NKF’s Elise Couston, SIOR and Jimena Sayavedra recently completed three industrial lease transactions and two acquisitions in the Chicago area… Read more
Aon Tower Observatory Project Sets Q3 Launch
601W Co. plans to begin construction on the long-discussed Aon Center observation deck in the third quarter, the Chicago Tribune… Read more
Cedar Street Lands Loan for Lakeview Development
Associated Bank arranged a $15,484,000 loan to Cedar Street for the acquisition of a 22,500 square-foot land parcel and subsequent… Read more
Duff & Phelps Makes Move from Wacker Drive to Fulton Market
In a first-of-its-kind relocation from Wacker Drive to the Fulton Market District, Duff & Phelps has leased nearly 47,000 square… Read more
Eisenopoly Tallies $215K in 11th Annual Fundraiser
The associate board of the Harold E. Eisenberg Foundation (HEEF) recently hosted the 11th annual Eisenopoly at Revel Fulton Market. This year’s… Read more
Dallas Ranks First for Industrial Demand and New Supply
Dallas/Ft. Worth is North America’s top market for both industrial demand and new supply, says Cushman & Wakefield. North Texas… Read more
MOB Sales Surpass $10 Billion for Fifth Consecutive Year
U.S. medical office building sales continued in an upward trend through the fourth quarter of 2019 and into 2020, driven… Read more
Chicago Industrial Absorption Poised for Big Year-Over-Year Gains
Net absorption for Chicago’s industrial market will surpass 27 million square feet in 2020, a 68% increase over the 16.1… Read more
CBRE Brokers Lakeview Deconversion Deal
CBRE recently brokered the sale of 519 W. Melrose St., a 58-unit condominium property in the North Side’s Lakeview neighborhood,… Read more
J.C. Anderson Hires Joe Hynes as Project Executive
J.C. Anderson hired Joe Hynes as project executive. He will focus on delivering high quality construction services to building owner and managers.… Read more
South Loop Sees Its Biggest Apt. Deal in Nearly a Year
Interra Realty brokered the $27-million sale of Vesta Lofts, a 59-unit mixed-property in the South Loop. The sale included the… Read more
A Surprising Source of CRE Capital: Credit Unions
In a fast-changing business environment, commercial real estate lenders don’t always act as expected, so it’s necessary to have a… Read more
Associated Bank Funds Trio of WI Early Learning Centers
Associated Bank provided a total of $8,652,388 in three separate loans to Bradford Real Estate for land acquisition and construction… Read more
CBRE Adds Two to Investor Services Leasing Group
Jon Cordell has been named EVP and Jason Houze First VP for CBRE in its investor services leasing group. Cordell… Read more
American Street Provides Bridge Loan on Alsip Multifamily
American Street Capital (ASC) secured a $10.92-million bridge loan for a 144-unit multifamily complex in Alsip, IL, about 25 miles southwest… Read more
CushWake: Higher Cook County Assessments Less Impactful Than Expected
Commercial property owners in Cook County have been bracing for higher tax bills – the expected outcome of a three-year reassessment led… Read more
Lightfoot Rolls Out Reforms to TIF Program
Mayor Lori Lightfoot on Wednesday announced a major overhaul of the city’s tax increment financing (TIF) approval and oversight process. The… Read more
AIA Brokers Sale of Value-Add Apartments Near Loyola U.
Apartment Investment Advisers (AIA) recently sold a 40-unit apartment building near Loyola University in the North Side’s Rogers Park neighborhood.… Read more