Chicago
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
NKF Adds Capital Markets Team in Chicago
NKF recently added three veteran capital markets brokers to its Chicago office. Executive managing director James Postweiler and senior managing directors Peter… Read more
Opus Launches Spec Industrial Near Columbus
The Opus Group began construction on Winchester Logistics Park, a two-building speculative industrial development in Canal Winchester, OH, on Columbus’… Read more
Hotel Brand citizenM Will Make Chicago Debut at Sterling Bay MXU
citizenM will make its Chicago debut with a newly-constructed hotel as part of Sterling Bay’s mixed-use development at 300 N.… Read more
LaSalle Aims New Fund at Core Assets in Japan
Chicago-based LaSalle Investment Management has launched the LaSalle Japan Property Fund, a private open-ended core real estate fund. The new fund launched with… Read more
Section 8 Apartments in Woodlawn Will Be Preserved for Seniors
National not-for-profit The NHP Foundation (NHPF) acquired the Edwin C. Berry Manor Apartments, a Section 8 property at 737 E.… Read more
New CVS Planned for Vacant Site Near Wrigley Field
Locally-based Terraco Real Estate will build a CVS store near Wrigley Field, Crain’s Chicago Business reported. After trying to bring… Read more
Colliers Secures Deerfield Leases Totaling 116K SF
Colliers International I Chicago principals Darryl Silverman and Steve Kling represented ownership in four leases totaling more than 116,000 square… Read more
Chicago’s Tech Sector Will Add 2,000 Jobs Through 2020
Underscoring the strength of the city’s tech hub, Mayor Lori E. Lightfoot and World Business Chicago on Monday hosted the… Read more