Chicago
U.S. Multifamily Acquisitions Hit Record Highs
U.S. multifamily acquisitions rose by 4.4% last year to $184 billion, the highest volume since Real Capital Analytics began tracking… Read more
Eisenopoly Returns for 11th Year, With Some New Features
Known as “the best party of the winter” in Chicago real estate circles, Eisenopoly is set for its 11th annual… Read more
Extended-Stay in River North Scores $58M Refi
JLL Capital Markets arranged a near $58-million refinancing for Home2Suites by Hilton Chicago River North, a newly-constructed, 206-suite, extended-stay hotel in River… Read more
Rent Growth Will Continue for Chicago Multifamily in 2020
The Chicago apartment sector’s solid fundamentals will continue driving both rent growth and new supply, especially downtown. However, a cloud… Read more
4 South Side Hospitals Plan to Join Forces in $1B Merger
Four financially-strained South Side hospitals plan to combine into a new system under a plan announced Thursday. Under the $1.1-billion… Read more
CRER Arranges Fulton Market Sale to Shapack
Chicago Real Estate Resources (CRER) closed the sale of 400 N Peoria St. in the Fulton Market District. CRER’s Jarid Dietrich and Nate Gautsche… Read more
Chicago Investor Acquires Milwaukee Offices
Milwaukee’s 222 E. Erie, an 85,000-square-foot, creative office building that was built as a bakery in 1896, has sold to… Read more
Truss Hires Business Development Veteran as VP of Sales
Truss Holdings, the Chicago-based online marketplace for coworking and office space, has hired Kathryn Garrison as VP of sales. Garrison… Read more
John Buck Under Contract for Sale of Former CNA Center
The John Buck Company (TJBC) is set to cash out on 333 S. Wabash Ave., a 1.2-million-square-foot office tower that’s… Read more
Put Leading CRE Brokers into the Limelight
For the third consecutive year, Connect Media will be spotlighting the industry’s top brokers. We’re inviting you to help us… Read more
Flex Building Trades in Kinzie Corridor for Adaptive Reuse
Cawley Chicago’s adaptive reuse and redevelopment team, consisting of Zach Pruitt and Nicholas Schaefer, recently closed on the disposition of 1900… Read more
City Launches Latest Round of Opportunity Fund Grants
The latest round of Neighborhood Opportunity Fund (NOF) grants through the Chicago Department of Planning and Development (DPD) comes with some… Read more
Clayco Sees Record Earnings, Expands Executive Team
Chicago-based design-build/development firm Clayco reported record 2019 revenues of nearly $2.8 billion and an expanded senior leadership team to guide… Read more
West Monroe Relocates Minneapolis Offices
West Monroe Partners is relocating its Minneapolis office to United Properties’ The Nordic mixed-use development in the city’s North Loop.… Read more
Chicago Ranks No. 4 Among World’s Data Center Markets
Chicago ranks fourth globally among data center markets, behind Northern Virginia, Silicon Valley and Dallas, according to Cushman & Wakefield’s… Read more
Chicago Industrial Demand Keeps Pace with New Supply
Chicago-area industrial topped off a strong 2019 with another quarter of positive absorption, and vacancy hovering near the five-year low… Read more
CRE-Sponsored Fundraiser Honors Fallen Navy SEAL
More than 300 commercial real estate professionals and friends are expected to gather Jan. 25 for the 2nd Annual Kristensen Boxing Smoker at… Read more
Instant Group Hires Americas COO/CFO
Nestor Eliadis has joined flexible workspace provider The Instant Group as its Americas COO and CFO, based in Chicago. Eliadis will… Read more
Updated Report Widens Impact of Obama Center Project
The proposed Obama Presidential Center in Jackson Park will change characteristics of a stretch of boulevards that qualify the area… Read more