Chicago
Optima Offers Coworking Space at Streeterville Resi Tower
Multifamily owner/developer Optima Inc. is getting into the coworking sector with commercial office suites at Optima Signature, a 57-story apartment tower in… Read more
Evergreen Tops Out Affordable Apartments in Albany Park
Three months after breaking ground on Oso Apartments, Evergreen Real Estate Group and the Chicago Housing Authority have topped off… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
Cohen Financial Lines Up Refi on Gold Coast Apartments
SunTrust division Cohen Financial has arranged a refinancing for 70 E. Walton, a boutique luxury rental property in the Gold… Read more
Marcus & Millichap Closes Back-to-Back Deals in Elgin
Marcus & Millichap has brokered the sale of Regency Apartments (pictured), a 32-unit apartment property in Elgin, IL. The asset… Read more
City Shortlists O’Hare Design Finalists, Invites Public Input
The Emanuel administration on Thursday unveiled five finalists vying for the lead architect role on O’Hare International Airport’s $8.5-billion expansion.… Read more
Trophy Towers Dominate CBD Leasing Growth
The office market in Chicago’s CBD increasingly is marked by “a dichotomy” between Class A and lower classes of product… Read more
The Crowded, Competitive Co-Working Sector
Mention the term co-working, and the first thought that might come to mind is WeWork. However, dig beneath the news… Read more
McKibbon to Manage Hyatt House in Fulton District
McKibbon Hospitality has been awarded the management contract for the Hyatt House Chicago Fulton Market District. The hotel is being… Read more
Lampert Prevails in Bankruptcy Auction for Sears
Sears Holdings Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer, the Wall Street Journal reported. Lampert’s… Read more
Deerfield Independent Living Project Lands Financing
HFF has arranged financing for the development of Deerfield Senior Residences, a 240-unit, six-story, luxury independent living community in the… Read more
Interra Brokers West Town Multifamily Deal
Interra Realty has brokered the sale of a 14-unit multifamily property at 1436 W. Erie St., in Chicago’s West Town neighborhood. Interra… Read more
Plymouth REIT Checks Off the Boxes with Southwest Suburbs Buy
Plymouth Industrial REIT has acquired a multi-tenant Class B industrial building for $5 million in cash. The 73,785-square-foot 44 Tower… Read more
Stantec Takes Lead on CTA’s $2B Red and Purple Line Upgrades
The Chicago Transit Authority has selected a design-build team led by Stantec for Phase One of the Red and Purple… Read more
American Street Capital Lines Up Cash-Out Debt on South Side Portfolio
American Street Capital (ASC) has arranged $15.4 million in permanent loans for the cash-out refinance of a seven-building multifamily portfolio… Read more
Tishman Speyer Makes Entry into Fulton Market District
Tishman Speyer is reportedly making its first foray into the Fulton Market District, via a joint venture with veteran local… Read more
Research Platform Tegus Relocates to 120 South LaSalle
Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform for institutional investors, in its… Read more
National Equity Fund CEO Hagan to Step Down
Chicago-based National Equity Fund (NEF), a leading syndicator of the low-income housing tax credits program, said that president and CEO… Read more