Chicago
Interra Brokers Portfolio Sale in Montclare, Harwood Heights
A four-building, 27-unit portfolio that includes assets on Chicago’s Far Northwest Side and in the nearby suburb of Harwood Heights… Read more
Portage Park Apartments Fetch $6M
Essex Realty has arranged the sale of the Portage Theater Apartments in the North Side’s Portage Park neighborhood. The 34… Read more
Savills Hires Cameron as Senior Managing Director in D.C.
Savills hired Rory Cameron as a senior managing director in Washington, DC. He will hold responsibility for expanding the firm’s… Read more
TLC Adds to Apartment Portfolio with St. Charles Buy
Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in St. Charles, IL, has changed hands. HFF, which… Read more
Diner Chain Huddle House Coming to Chicago
Atlanta-based diner chain Huddle House is coming to Chicago via the South Side’s Calumet Heights neighborhood, the Chicago Sun-Times reported.… Read more
Emanuel to Open Chicago Office for NY Investment Banker
Weeks after completing his tenure as mayor of Chicago, Rahm Emanuel has joined investment banking firm Centerview Partners. Emanuel (pictured)… Read more
Waterton’s Lakeshore East Tower Lands $171M Debt
HFF has arranged $171.2 million in financing for North Harbor Tower, a 600-unit, high-rise apartment building in Chicago’s Lakeshore East… Read more
Stanley Tigerman, Dean of Chicago Architects, Dies
Stanley Tigerman, widely regarded as the dean of Chicago architecture, died Monday at his home in Chicago after a long… Read more
St. Louis Fed’s Bullard Says Rate Cut May Be Needed “Soon”
The president of the St. Louis Federal Reserve became the first Fed official to publicly suggest a need to not… Read more
CTA’s Red Line Revamp Will Close 2 Stations for 3 Years
Two stations along the Chicago Transit Authority’s Red Line will be closed for three years beginning in the winter of… Read more
Illinois Lawmakers Enact $45B Infrastructure Package
As part of an ambitious legislative push that included expanded gambling and sports betting in Illinois, the Illinois General Assembly… Read more
Italian Auto Supplier Buys Detroit Site for New Factory
Italian automotive supplier Tiberina Group has acquired 10 acres of land at the former American Axle & Manufacturing Holdings site… Read more
Move-Ins Begin at CIM Group’s South Loop Tower
The first residents are moving in at CIM Group and Murphy Development Group’s 500-unit Paragon rental tower in the South… Read more
384-Unit Preserve at the Port Changes Hands
A local investor ended its nine-year hold on Preserve at the Port, a 384-unit apartment complex on San Antonio’s southwest… Read more
Hyatt Puts Tierney at Helm of Hyatt Place Development
Hyatt Hotels Corporation has selected Jim Tierney to serve as SVP of development and owner relations for the Hyatt Place… Read more
Industry Leaders Focus on Chicago Region’s Challenges (VIDEO)
At the recent Connect Chicago conference, panelists touted the region’s many strengths but also were forthright in discussing its challenges.… Read more
Mid-America Brokers Gold Coast Sale to Newcastle
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of 1206-1212 N. State St. in Downtown’s Gold Coast neighborhood. The… Read more
Youth Development Park Opens in Dunning
The Cal Ripken, Sr. Foundation and Group1001 have partnered with the Chicago Park District (CPD) to unveil Read-Dunning, a multisport… Read more
State Senate Authorizes Chicago Casino
The Illinois Senate has approved a gambling expansion bill that will legalize sports betting across the state and authorize a… Read more