Chicago
DFW Comes in 3rd – Thanks to Mosquitos
The Dallas-Fort Worth area has ended up on many top 10 lists recently, including the U.S. Census Bureau’s largest growth… Read more
Waterton Exceeds $750M Target with Latest Value-Add Fund
Chicago-based Waterton has reached a final close on its latest value-add multifamily fund, Waterton Residential Property Venture XIII, LP. Venture… Read more
Avison Young Arranges 4-Building Sale to Healthcare REIT
Avison Young has negotiated the sale of a four building, 74,442-square-foot medical office portfolio in Chicago’s suburbs to Community Healthcare… Read more
Star of City’s Innovation Economy Plans Move to Merchandise Mart
Logistics technology startup project44, which recently completed a $35-million Series B fundraising round, plans to take 40,000 square feet at… Read more
3rd Hermosa Multifamily Trades in Two Months
A 24-unit mixed-use property at 4433 W. Fullerton Avenue in Chicago’s Hermosa neighborhood has traded for approximately $2.5 million. Essex… Read more
NorthMarq Readies Construction Loan on SE Indiana MXU
NorthMarq Capital SVP Randall Waddell has finalized a $7.75-million construction loan for Jeffersonville Town Center, a 64,855-square-foot retail property in… Read more
Latest Plan for Massive South Works Redevelopment Now on Hold
A large-scale project announced last August to replace a former U.S. Steel factory on the South Side with 20,000 modular… Read more
2.5-acre Chicago Fulton Market Land Portfolio Hits Market
A 2.5-acre land development opportunity in Chicago’s Fulton Market neighborhood is being offered for sale. The land portfolio represents the biggest… Read more
River North Luxury Rental Reaches Leasing Milestone
The Hubbard221 luxury rental tower from Hubbard Street Group and co-developer Centrum Realty and Development is 65% leased less than… Read more
U.S. Construction Costs Are Rising
Comparing the first quarter of 2017 to 2018, construction costs are going up. According to a report published by Rider Levett… Read more
Gold Coast’s Hotel Indigo Will Take on Original Name Post-Renovations
The Hotel Indigo, acquired out of foreclosure by San Diego-based Interwest Capital in 2016, will get a “new” name following… Read more
NAI Global Extends Midwest Footprint, Adding Pfefferle Brokerage
NAI Global has acquired the brokerage business of Appleton Bay, WI-based Pfefferle Companies. Now known as NAI Pfefferle, the firm’s… Read more
MOB at Church’s South Side MXU Lands City Financing
A Pullman mixed-use building will be rehabbed and expanded as an Advocate Health Group medical office (rendering pictured) through Tax… Read more
Chicago Metro Home Sales Continue Lagging as Prices Rise
Continuing a trend that began in mid-2017, home sales in the Chicago metro area continued to lag last year’s levels… Read more
CBRE Lists Condo Deconversion in Streeterville
CBRE has been retained as the listing agent for a deconversion opportunity at 540 N. Lake Shore Dr., a 150-unit… Read more
Optima Chicago Center Trades in Streeterville
HFF has arranged the sale and acquisition financing of Optima Chicago Center, a 325-unit apartment high-rise in the city’s Streeterville… Read more
Industrial Developers Taking a Disciplined Approach
Leasing volume in Chicago’s industrial sector for the first quarter was up 38.1% year-over-year to nearly 7.2 million square feet,… Read more
Cohen Arranges $15M Bridge Loan for Minneapolis Apartments
Cohen Financial’s Cathy Bronkema recently secured a $15.35-million bridge loan for the acquisition of the Minneapolis Grand Apartments. The 112-unit… Read more
Kiser Markets Condo Deconversion at Flats on LaSalle
Flats on LaSalle, a Gold Coast residential building originally built as a hotel in 1924, is being marketed for sale… Read more