Chicago
Morgan Properties Acquires $500M Midwest MF Portfolio from Trilogy
Morgan Properties has acquired a $501 million Midwest rental portfolio from Trilogy Real Estate Group. Morgan Properties bought the portfolio… Read more
Chicago/Midwest People & Company News, week of April 4, 2025
Gensler has announced two key leadership elevations in its North Central Region. Principal Meghan Webster, AIA, has been named Co-Managing… Read more
Redwood Living Expands Across Omaha with Two MF Complexes
Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc., is adding 269 apartments in two new neighborhoods in… Read more
Consulting Firm Relocates Seattle Office to Downtown
International consulting firm West Monroe Partners has relocated its Seattle office to an 18,800-square-foot space in downtown’s 2+U tower. The… Read more
Townhomes at Bell Works Chicagoland Break Ground
Bell Works Chicagoland has broken ground on 164 townhomes on the Bell Works property, in partnership with PulteGroup and the… Read more
Phoenix Becoming Data Center Powerhouse
JLL’s new North America Data Center Year-End 2024 Report reveals a sector charging full speed ahead, with metro Phoenix remaining a top… Read more
Marcus & Millichap Arranges Sale of Mixed-Use in Algonquin
Marcus & Millichap has completed the sale of ReNew on Main, a 69-unit apartment and retail property in Algonquin, Illinois.… Read more
AmTrust RE Signs New Leases, Renewals at One East Wacker in Chicago
AmTrust RE announced the addition of two new leases and three expansions and renewals at One East Wacker, AmTrust’s 41-story,… Read more
Demand for Quality Leads Chicago Office Activity
A recent report from Savills shows that demand for high-quality office space in Chicago continues to grow. Leasing activity is increasing,… Read more
Peak Properties to Manage Edgelux Apartments in Edgewater
Peak Properties has been awarded the management assignment for EdgeLux, a new development located at 5753 N. Broadway Avenue in… Read more
Interra Realty Brokers $16M Sale of North Side MF Portfolio
Interra Realty has brokered the sale of a three-building, 115-unit apartment portfolio in Chicago’s Rogers Park neighborhood. The properties sold… Read more
Bridge Industrial Acquires 12-Acre Site in Downers Grove
Bridge Industrial has acquired a 12.20-acre parcel in Downers Grove, located in the Central DuPage County submarket. The site, strategically… Read more
Monarch Alternative Capital Provides $71M Refi for Downtown MF
Investment firm Monarch Alternative Capital LP recently provided financing for 808 N Cleveland, a multifamily building located in downtown Chicago.… Read more
Trilogy Real Estate Group, Greystar Form Strategic Partnership
Trilogy Real Estate Group, a Chicago and Miami-based real estate investment, property management and development firm, announced a strategic partnership with Greystar. The… Read more
Mayor Brandon Johnson Announces Build Better Together
Mayor Brandon Johnson has launched Build Better Together, Chicago’s new strategy for inclusive and sustainable economic growth. Announced at the… Read more
Clarion Partners Fund Enters IOS Sector with First Mortgage, Acquisition
Clarion Partners Real Estate Income Fund Inc. (CPREX) has entered the industrial outdoor storage (IOS) subsector via a debt investment… Read more
Chicago/Midwest People & Company News, week of March 28, 2025
CenterPoint Properties has appointed Jeff Thornton to lead its Central Region team as executive vice president. Thornton comes to CenterPoint… Read more
Developers Break Ground on Chicago Affordable Housing Project
Chicago Mayor Brandon Johnson recently joined Lagfin and R2 Companies to break ground on 79 West Monroe, a $64 million… Read more
Mag Mile Capital Secures $15M in Financing for Marriott Rochester Airport
Chicago-based Mag Mile Capital, Inc. has closed $14.5 million in CMBS financing for the Marriott Rochester Airport, a hotel located… Read more