Chicago
Construction Loan Advances MXU in Madison O-Zone
Associated Bank acted as lead arranger and administrative agent for a $36.6-million loan to Stone House Development for construction of… Read more
Interra Adds Associate Brokers for Next Phase of Growth
Interra Realty expanded its brokerage team with two new associate brokers, Michael Duckler and Mark Dykstra. Both are based at… Read more
Mesa West Supplies Mortgage Debt on Lockport Industrial
Mesa West Capital provided a joint venture of High Street Realty Company and Angelo Gordon with $32.1 million in short-term,… Read more
New Ordinance Could Raise the Bar for Deconversion Deals
With the condominium deconversion trend across Chicago showing little evidence of waning, investors who buy up residential condos in bulk… Read more
Kohl’s-Anchored Mt. Prospect Retail Trades to CA Buyer
Greenstone Partners sold Mount Prospect Center, a 192,000-square-foot multi-tenant shopping center anchored by Kohl’s and located in the northwest suburb… Read more
Lendlease’s Weldon Will Manage Chicago Pipeline
Lendlease has promoted Theodore T. Weldon III from SVP of development to executive general manager of development for Chicago. Weldon… Read more
Weeks Will Lead Development for Rockefeller Group
Veteran real estate executive Thomas Weeks will join Rockefeller Group in New York City as EVP and head of development,… Read more
City Will Install Barriers to Stem Lakefront Flooding
With Lake Michigan near record-high water levels, the Lightfoot administration devised a citywide response plan to reduce anticipated damage at… Read more
Skender Breaks Ground on Supportive Housing in Uptown
Skender has broken ground on a new 42,000-square-foot supportive housing facility for women in the North Side’s Uptown neighborhood. The… Read more
Anbang Selling Hotel Portfolio to South Korean Investor for $5.8B+
China’s Anbang Insurance Group Co. agreed to divest a luxury hotel portfolio to Mirae Asset Global Investments for more than… Read more
Chicago-Area Leasing Volume Dips to Near 2009 Trough
All three of Chicago’s major leasing markets—CBD office, suburban office and Chicagoland industrial—saw the lowest volume of completed transactions since… Read more
Industrial Powerhouse Kohn Joins Avison Team
Industry veteran Steven Kohn has joined Avison Young as a principal in the company’s Rosemont, Il office. He’s tasked with helping… Read more
Lecocq Will Lead Capital Markets at CRG
CRG, the real estate arm of Clayco, has hired Mark Lecocq as SVP of finance. Based in Chicago, Lecocq will lead… Read more
Marcus & Millichap Closes on Trade of Bronzeville Retail
Marcus & Millichap arranged the sale of a 21,916-square foot retail center in the South Side’s Bronzeville neighborhood. Shadow anchored… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Wrigleyville Apartments Reach Pricing High
Essex Realty Group closed on the sale of 3507 N. Wilton Ave., an eight-unit multifamily property one block from Chicago’s… Read more
Oak Brook Offices Land Floating-Rate Loan
JLL recently arranged a $29.8-million financing for 2001 York Rd., a 184,525-square-foot office asset in Oak Brook, IL. A JLL… Read more
Blink Muscles into Chicago with South Side Presence
Blink Fitness has made its Chicago-area debut with openings near Midway Airport on the South Side and in suburban Merrionette… Read more
HWE Expands Hotel Group with 10 Hires from HFF
Hodges Ward Elliott (HWE) has made 10 additions to its hotel group, and has opened new offices in Chicago, Dallas,… Read more