Chicago
Hobbs Brook Management Hires Schaefer as CEO
Waltham-based commercial property management and development firm Hobbs Brook Management has hired Samuel M. Schaefer as president and CEO. Schaefer… Read more
Legacy Healthcare Adds Two Chicagoland SNFs
Bella Terra Streamwood and Bella Terra Wheeling have joined Legacy Healthcare’s portfolio of skilled nursing facilities in the Chicagoland area.… Read more
PepsiCo Near Deal for Big Lease at Old Post Office
PepsiCo is in advanced talks to move its Chicago office to the redeveloped Old Post Office building, Crain’s Chicago Business… Read more
Capital One Furnishes Freddie Mac SBL on Wicker Park Rentals
Capital One provided a $7.5 million Freddie Mac Optigo Small Balance Loan (SBL) to refinance a 17-unit mixed-use apartment complex in the… Read more
Related Midwest Offers Penthouses at Streeterville Condo Tower
Related Midwest has made three full-floor penthouses available at One Bennett Park, its 70-story residential condominium tower in Streeterville. The three penthouses, which… Read more
Inland Private Capital Trades Albany Park Rentals After 7-Year Hold
Inland Private Capital Corporation (IPC) completed the $15.24-million sale of Kimball Station, a 59-unit apartment property with 6,118 square feet… Read more
New Tax Incentives Drive “Optimism” in Chicago’s Data Center Market
The nation’s fourth largest data center market in terms of capacity, Chicago is roughly in the middle among the leading… Read more
Skokie’s Edens Corridor Sees One of Year’s Biggest Leases
Cushman & Wakefield represented both the landlord, Hillwood, and tenant, an undisclosed e-commerce company, in the long-term lease of Skokie Commerce Center,… Read more
Goldie Initiative Fields Largest Scholarship Class to Date
The Goldie Initiative’s 2019-2020 class of Goldie Scholars is the organization’s largest ever, totaling 12 schools and 23 scholars, including… Read more
ML Realty Adds Properties in Central DuPage, I-55 Submarkets
ML Realty Partners acquired two single-tenant buildings at 1565 Hunter Rd. in Hanover Park and 7100 S. Madison St. in Willowbrook, IL.… Read more
Wolf Point East Team Tops Out Construction
The development team of Hines, the Kennedy family’s Wolf Point Owners LLC, and the AFL-CIO Building Investment Trust has topped… Read more
Political Risks Cloud Horizon for Chicago Multifamily Sales
The multifamily investment sales market in Chicago has a great deal going for it, ranging from surging renter demand to… Read more
Evansville Apartments Land Fannie Mae Refi via Hunt
Hunt Real Estate Capital provided a Fannie Mae loan of $15.75 million to refinance Sugar Mill Creek Townhomes, a garden/townhouse-style apartment community in… Read more
Lightfoot: Chicago Has “Hard Choices to Make”
In her first State of the City address, Mayor Lori Lightfoot didn’t delve into specifics on how her administration intends… Read more
PayLink Consolidates Space in Move to Fifth Third Center
PayLink Direct is consolidating its offices in a 12,808-square-foot, long-term lease at 222 South Riverside Plaza. The new space will… Read more
Briar Meads Launches Renovations, Leasing at Lisle Offices
Briar Meads Capital has kicked off major renovations and leasing activity at its recently-acquired Westwood office property in Lisle, IL.… Read more
CushWake Bolsters Industrial Team with Key Promotions
Cushman & Wakefield made two promotions within its logistics & industrial platform in the Americas. Jason Tolliver was named to the newly-created role… Read more
Lee & Associates’ Brian Pohl: Chicago Apartment Demand Reaches All-Time High
By Paul Bubny For the Chicago region’s multifamily sector, the current environment marks both a high watermark for development and… Read more
Naperville’s Maple Court Apartments Fetch $5M
Marcus & Millichap finalized the sale of Maple Court Apartments, a 48-unit property in Naperville, IL. The property sold for $4.6 million to… Read more