Chicago
NHPF Completes $53M Recap on Mark Twain Renovations
The NHP Foundation has finalized a $53-million recapitalization to renovate the 97-year-old Mark Twain Hotel. NHPF acquired the mixed-use property… Read more
Jefferson Park Apartment Deal Closed by Marcus & Millichap
Marcus & Millichap has finalized the sale of a six-unit apartment property in Chicago’s Jefferson Park neighborhood. Located at 5663… Read more
Draper and Kramer Launches Pre-leasing on Gold Coast Rentals
Pre-leasing is underway for Draper and Kramer’s 61 Banks Street, an eight-story, 58-unit boutique rental building on the last undeveloped lakefront… Read more
It’s Time to Nominate CRE’s Top Brokers
The deadline is drawing near to nominate commercial real estate’s top leasing and sales brokers for Connect Commercial Real Estate’s… Read more
What’s Behind Stores That Don’t Sell Anything?
By Dennis Kaiser Retailers across the spectrum from high-end brands to chain stores are creating Instagram-ready rooms whose main purpose… Read more
Lee Illinois Secures Full-Building Lease for Prologis
Lee & Associates Illinois has closed a full-building lease for a 101,536-square-foot industrial property at 2567 Greenleaf Ave. in Elk… Read more
Ventas’ Cafaro Inducted into Senior Living Hall of Fame
Ventas chairman and CEO Debra A. Cafaro was recently inducted into the American Seniors Housing Association’s Senior Living Hall of… Read more
1000M Luxury Condo Tower Debuts Efficiency Floor Plans
The developers of 1000M, an ultra-luxury condominium tower at 1000 S. Michigan Ave., have introduced a series of efficiently-sized units… Read more
Uptown Walk-Up Apartments Trade for $5.75M
4400 N. Magnolia Ave. has traded for $5.75 million, approximately 97% of the original asking price. The property is a… Read more
Phoenix Investors Adds to Rockford Portfolio
Milwaukee-based Phoenix Investors has acquired a former Bon-Ton distribution facility in Rockford, IL. Deal terms were not disclosed. With the… Read more
Chicago’s Airports Set New Records for Passengers, Cargo
The city’s airports set new records in 2018 for passenger and cargo traffic, according to the Chicago Department of Aviation… Read more
Caddis Enters Mid-Atlantic with Senior Living Development
Dallas-based Caddis plans to develop its first Heartis senior living community in Pennsylvania at 1667 Dobry Rd. in Yardley, roughly… Read more
Portillo’s Will Bring Chicago-Style Hot Dogs to Northwest Side
Portillo’s, a local institution since the 1960s known for its Chicago-style hot dogs and other menu staples, said it would… Read more
Goldie Initiative Installs 2019 Leadership
The Goldie Initiative has officially installed 16 directors to lead and serve the organization in 2019. The Chicago-based Goldie Initiative’s… Read more
Greyhound’s Goose Island Sale Goes Through
Onni Group has gone ahead with a deal that could transform the southern tip of Goose Island, Crain’s Chicago Business… Read more
J.C. Anderson Completes Aon Center Build-Out for Ad Agency Merge
J.C. Anderson has completed a headquarters build-out for media and creative agency Merge at the Aon Center. The firm selected J.C. Anderson to complete… Read more
Evergreen Cuts Ribbon on Co-located Library/Seniors Complex
Evergreen Real Estate Group recently cut the ribbon on the Independence Branch Library in Chicago’s Irving Park neighborhood. Located at 4024 N.… Read more
Colliers Lines Up Quartet of Industrial Leases
Colliers International | Chicago’s industrial advisory group has arranged four suburban lease transactions totaling nearly 340,000 square feet. The deals include… Read more
Interra Brokers Hyde Park’s Largest Apartment Sale of 2018
Interra Realty has brokered the sale of 5424 S. Cornell Ave., a 64-unit rental community in the South Side’s Hyde… Read more