Chicago
Kiser Group Lists Stabilized Apt. Portfolio on South Side
An 86-unit portfolio on Chicago’s South Side has been listed for sale by Kiser Group. Located at 7928 S. Morgan,… Read more
JLL Brokers Retail Sale in Clybourn Corridor
JLL closed the sale of a 9,794-square-foot retail property that is triple-net leased to Walter E. Smithe, a family owned… Read more
Green Courte Closes Fifth Fund at $541M
Private equity firm Green Courte Partners closed its fifth investment fund, Green Courte Real Estate Partners V (GCREP V), with… Read more
North Wells Capital Breaks Ground on River North Expansion
North Wells Capital, the investment affiliate of Chicago-based Urban Innovations Ltd., broke ground recently on an expansion/rehabilitation at 306 W. Erie in… Read more
Wilshire Quinn Lends on Chatham Retail Buy
Wilshire Quinn Capital’s private lending fund, the Wilshire Quinn Income Fund, recently provided a $6.4-million acquisition loan on 87th Street… Read more
RCA: Investors Shy Away from Chicago Opportunities
Single-property commercial sales in the Chicago region fell to $7.7 billion in the first nine months of 2019, down 33%… Read more
Transwestern Lines Up Space for Israel Idonije’s Philanthropy Center
Transwestern Commercial Services (TCS) represented FBRK in a 45,457-square-foot lease at 200 W. Madison for FBRK Impact House, a membership-based work club and… Read more
Cyber Defense Firm Triples Michigan Ave. Footprint
CBRE recently represented Darktrace in a 10,293-square-foot lease at 333 N. Michigan Ave. The brokerage’s Tony Coglianese and Mark Keebler negotiated on behalf… Read more
Core Student Housing Trades in West Loop
NKF Multifamily brokered the sale of The Automatic Lofts, a 482-bed student housing core asset within walking distance of the… Read more
Inland Bank Provides Refi on Wisconsin Industrial
Inland Bank and Trust closed an $11-million loan to refinance a 121,949-square-foot industrial facility in Kenosha, WI. The borrower was not… Read more
Kiser Adds Brokers on Chicago’s North and Near West Sides
Multifamily brokerage Kiser Group hired Bryan Wright, Ron Plonis and Michael Lacy. Each will concentrate on a different area of… Read more
LMC Breaks Ground on Elmhurst Apartments
Lennar company LMC broke ground on The Fynn, a 212-unit apartment property in Elmhurst, IL. The project, which joins six… Read more
PepsiCo Will Move Chicago Ops to Old Post Office
PepsiCo plans to move its 1,300 Chicago workers from an entire 17-story building to a single floor in 601W Companies’… Read more
Bridgeport Movie Palace Could Be Reborn as Live Venue
The long-disused Ramova Theatre in the South Side’s Bridgeport neighborhood would undergo a $22.9-million renovation under a plan tentatively backed… Read more
Downtown Chicago’s Apartment Market Holds Up Even After Building Boom
Downtown Chicago’s booming apartment market is headed toward a slowdown rather than a downturn, Crain’s Chicago Business reported, citing data… Read more
Greystone Team Closes on Its Fifth Deconversion Deal
Greystone Real Estate Advisors closed the $4,255,000 sale of 32 units as part of a condominium deconversion of Damen &… Read more
Qualtrics Will Establish 25th Global Office in the Loop
Customer experience firm Qualtrics will open its 25th global office in downtown Chicago. Headquartered in Provo, UT and Seattle, the company will… Read more
Congratulations to the 2019 Women in Real Estate
Connect Media is pleased to announce the recipients of our third annual Women in Real Estate Awards. We chose 90… Read more
Trends in Seniors Housing: What’s Working and Where?
Recent seniors housing data is giving industry leaders hope that the market will stabilize soon. Though the occupancy rate decreased… Read more