Chicago
Wisconsin MOB Trades to Griffin-American Healthcare IV
Griffin-American Healthcare REIT IV has acquired Sauk Prairie Medical Office Building in Prairie du Sac, WI. The REIT paid $19.5… Read more
Hunt Provides Freddie Small Balance Loan for KC Multifamily
Hunt Mortgage Group has provided a $5-million Freddie Mac Small Balance Loan to finance the acquisition of Holly Ridge Townhomes,… Read more
Mayor: “One City with Two Waterways”
Sounding the theme that “Chicago is one city with two waterways”—Lake Michigan and the Chicago River—Mayor Rahm Emanuel outlined the… Read more
Office Lofts Trade in River North for $3.8M
A loft office property at 314 W. Institute Pl. in Chicago’s River North neighborhood has sold to locally-based Elmdale Partners.… Read more
New CTA South Terminal Opens for Riders
The first of two new bus and rail terminals at 95th Street opened to riders this weekend, as city officials… Read more
Is There Capital for Multifamily Construction?
In the early months of 2017, the Wall Street Journal announced that “swelling supplies of apartment units are prompting big… Read more
Industry Players to Compete for Diabetes Research
Chicago’s first JDRF Real Estate Games will come to town on Thursday, May 17 as 150 of the city’s top… Read more
Clune Construction Appoints 2 VPs and 6 SVPs
Chicago-based Clune Construction Company has continued its practice of promoting from within by naming six new SVPs and two new… Read more
Essex Realty Brokers Sales of 2 New Builds
In two separate transactions, Essex Realty Group has arranged the sales of a new-construction apartment property in the North Side’s… Read more
CushWake Names Nathaniel Robinson Global CIO, EVP Strategic Planning
Cushman & Wakefield named Nathaniel Robinson as Global Chief Investment Officer and EVP of Strategic Planning. The promotion reflects Robinson’s… Read more
NKF Tapped for Sale or BTS of Former Outlet Center Site
NKF is the exclusive broker to sell or build-to-suit lease 68.3 acres on the site of the former Huntley Factory… Read more
Chicago-Born Sears to Close Its Last Chicago Store
The retailer founded in Chicago in 1893 soon will no longer operate a store there. Sears Holdings told employees at… Read more
Hotel Rooms Occupied Reach New Record
Total hotel rooms occupied in Chicago reached a record 2.33 million for the first quarter, an increase of 10.5%, according… Read more
Arts in the Loop Drive $2.25B in Revenues
Arts and culture in the Loop drive $2.25 billion to the area and Chicago each year, according to a study… Read more
Angelo, Gordon & Co. Snags Presidents Plaza in Chicago for $147M
Angelo, Gordon & Co. acquired Presidents Plaza, a pair of Class A office buildings in Chicago’s O’Hare submarket for $147… Read more
CBRE Hires Asset Management Specialist for Retail
Deirdre Larsen has joined CBRE’s asset services group in Chicago as associate director. She’ll be responsible for the performance of… Read more
Boston-based REIT Adds Two Suburban Industrial Assets
Plymouth Industrial REIT, headquartered in Boston, has acquired two single-tenant class B Chicagoland industrial buildings totaling 270,000 square feet for… Read more
Hub Launches Umbrella Group Insurance Aimed at CRE
Chicago-based global insurance brokerage Hub International has launched an umbrella/excess risk purchasing group insurance program, to give commercial real estate… Read more
Net Leased Dialysis Center Trades in Washington Heights
The Boulder Group has completed the sale of a single-tenant net leased Fresenius Medical Care property at 9924 So. Vincennes… Read more