Chicago
Bronzeville’s Prairie Shores Complex Trades to Golub/Farpoint JV
Golub & Company and Farpoint Development closed on the acquisition of Prairie Shores, a 1,675-unit workforce housing apartment community in… Read more
Equity Residential Upsizes Credit Facility to $2.5B
Equity Residential’s operating partnership has entered into a $2.5-billion revolving credit facility, replacing its existing $2-billion credit agreement. The new… Read more
IREM Chicago Installs 2020 Officers
Four commercial property managers representing a cross-section of the industry were formally installed as the Executive Council for the IREM… Read more
Chicago Continues Run as Nation’s Greenest Office Market
Chicago’s office market was named the greenest in the U.S. for the third consecutive year as the green building trend… Read more
Newcastle Snaps Up West Loop Apartments at “Exceptional” Price
Newcastle Limited acquired Jackson Throop Place, a 93-unit luxury apartment building at 1245 W. Jackson Blvd. in the West Loop. Although… Read more
Convene, For Five Coffee Brew Up Chicago Flagship
New York City-based For Five Coffee Roasters and Convene have partnered on a downtown flagship location at Sterling Bay’s 311… Read more
Portage Park Apartment Sale Sets New Benchmark
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the North Side’s Portage Park neighborhood. The 15-unit… Read more
Connect Chicago Experts Map Out What’s Next for CRE
By Paul Bubny More than 400 industry professionals convened at the Intercontinental Chicago Magnificent Mile on Tuesday for Connect Conferences’… Read more
Loop Offices Will Become Dual-Branded Hilton
Leopardo recently began construction on a 238,000-square-foot, 15-story renovation and conversion at 226 W. Jackson St., across the street from… Read more
Acadia Adds to Armitage Avenue Portfolio
Already the biggest retail landlord along the North Side’s Armitage Avenue, which draws retailers with e-commerce roots, Acadia Realty Trust… Read more
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
Harbor Group Snares Spectrum Brands HQ
Harbor Group International (HGI) acquired Spectrum Brands World Headquarters, a single-tenant office building located in Middleton, WI, within the Madison metro… Read more
Molson Coors Moves Headquarters from Denver to Chicago
The Denver area’s loss will be Chicago’s gain, in terms of corporate headquarters. MillerCoors, which is rebranding as Molson Coors… Read more
ASC Arranges Permanent Debt for South Side Portfolio
American Street Capital (ASC) arranged $13.62 million in permanent debt for a 20-building multifamily portfolio across the South Side. The… Read more
Triton Sells Multifamily Trio in North Side Neighborhoods
Triton Realty Group recently sold three apartment buildings in the North Side’s West Rogers Park, Albany Park and Edison Park… Read more
Cook County’s Fritz Kaegi and the Nation’s Least Transparent Property Assessment System
“A standing-room-only audience for an assessor,” Cook County Assessor Fritz Kaegi marveled Tuesday afternoon as he made the initial presentation… Read more
Eisenberg Foundation’s Career Day Provides Inside Access to CRE Projects
The Harold E. Eisenberg Foundation will host its 13th Annual Career Day Nov. 7-8. The event is designed to bolster… Read more
Cresa Adds Advisors to Chicago Team
Cresa added two advisors to its Chicago office. Addison Coll and Michael Neff will specialize in tenant site selection and… Read more
NE Portfolio Deal Puts Morgan Properties Among Top 5 Apt. Owners
Morgan Properties completed a portfolio transaction to acquire nearly 15,000 apartments across 80 communities, and has agreed to acquire 3,000… Read more