Chicago
Tech Companies Evolve Workplaces Amid AI Transformation
Technology companies are strategically optimizing their real estate portfolios to free up capital for artificial intelligence investments while simultaneously enhancing… Read more
Partner Valuation Advisors Issues Mid-Year 2025 Retail Report
Partner Valuation Advisors has released its Mid-Year 2025 Retail Market Snapshot, highlighting how the retail sector remained steady in Q2… Read more
NAI Hiffman Closes Chicago Industrial Deals Totaling Over 1.2M SF
NAI Hiffman’s industrial brokerage team led by Executive Vice President Kelly Disser, together with Executive Vice President Mike Freitag, Senior… Read more
Canyon Partners Real Estate Provides Financing for The Saint Grand in Chicago
Canyon Partners Real Estate has provided a $106.3 million senior loan to a joint venture controlled by Mavrek Development to… Read more
Kayne Anderson JV Buys Michigan Avenue Residential Tower
A joint venture between Kayne Anderson Real Estate and CEDARst Companies has acquired Millie on Michigan, a newly built 47-story… Read more
250-Room Virgin Hotels Chicago Sold at Discount
An affiliate of Michigan-based Accelerated Assets has paid nearly $77.4 million for the 250-room Virgin Hotels Chicago. The hotel, which… Read more
Chicago/Midwest People & Company News, week of July 25, 2025
St. Luke’s Health Corp. has selected Cushman & Wakefield to lead marketing efforts to sell its Des Peres Hospital Campus… Read more
Silver Property Group Acquires $45M Chicago MF Portfolio
Silver Property Group has acquired a 263-unit multifamily portfolio in East Rogers Park for $45 million. The portfolio was previously… Read more
Marcus & Millichap Capital Corporation Arranges Financing for IL Retail Property
Marcus & Millichap Capital Corporation (MMCC) has arranged $4.1 million in financing for Carillon Court, a 29,891-square-foot retail strip center… Read more
Albion Residential Closes on Financing for First St. Louis Project
Albion Residential, a Chicago-based firm specializing in the acquisition and development of luxury rental apartments, has closed on its construction… Read more
Peak Properties Takes Over Management of Lincoln Park MF
Peak Properties announced the firm’s latest management assignment at 2052 N. Dayton St. in Chicago’s Lincoln Park neighborhood. This classic… Read more
Real Realty Brokers Sale of Apartments in West Rogers Park
Real Realty, a multifamily brokerage and property management firm, announced the closing of the Albany Apartments, a 24-unit building located… Read more
Chicago-Based 29th Street Invests Preferred Equity into Texas Multifamily
29th Street Finance has completed a $4.5 million preferred equity investment at Milo on Westheimer, a 230-unit multifamily property in… Read more
Skender Breaks Ground on Native American-Focused Housing Project
Skender recently broke ground on Jigzibik, a seven-story, 62,000-square-foot mixed-use development that marks Chicago’s first affordable housing project centered on… Read more
Essex Completes Sale of West Chatham Multifamily Portfolio
Essex Realty Group has completed the sale of a three-building, 55-unit portfolio in Chicago’s West Chatham neighborhood. The buildings are… Read more
Tide is Turning for Self-Storage as Supply Glut Eases
The self-storage sector is tied closely to residential, as Trepp reported earlier this month. “When folks move from one home… Read more
Chicago/Midwest People & Company News, week of July 18, 2025
White Lodging has hired Noah Hoppe as Executive Vice President and Chief Financial Officer and Jared Garner as Executive Vice… Read more
TradeLane Properties Secures $64M Refinancing for Industrial Portfolio
JLL has arranged $64 million in refinancing for TradeLane Properties’ Midwest Light Industrial Portfolio, a collection of 13 industrial assets totaling… Read more
Alterra IOS Secures $343M Commitment from Truist, Bank of Montreal
Alterra IOS has closed a $343.6 million loan facility arranged by Truist Financial Corp. and Bank of Montreal. The financing,… Read more