Chicago
Voters Will Consider Rent Control Question
Residents in nine Chicago wards will have an opportunity Tuesday to vote in a non-binding referendum on whether the state… Read more
PE Firm Takes 70% Stake in True Value
Chicago-based retailer True Value Company will come into the portfolio of private equity firm ACON Investments, as ACON takes a… Read more
City Will Add Modular Classrooms at Elementary School
As part of Chicago’s efforts to alleviate overcrowding at public schools, Mayor Rahm Emanuel broke ground on a new modular… Read more
Hunt Lines Up Fannie DUS Financing for Ann Arbor Multifamily
Hunt Mortgage has arranged a $16-million Fannie Mae DUS Green Rewards loan to finance the acquisition of Woodchase Apartments, a… Read more
Downtown Chicago the Leading Sales Market Outside NYC
The leading market for single-asset commercial property sales since 1995 should come as no surprise. It’s Manhattan, where the 25… Read more
What Are Comparative Costs to Build Out Office Space Today?
Construction costs rose 3% through 2017 and are expected to follow suit heading into 2018 and beyond, predicts JLL in… Read more
Ranked: Knight Frank’s Wealth Report Outlines Best Bang for Buck
London-based Knight Frank released its 2018 Wealth Report, which offers a glimpse into what $1 million can buy in real… Read more
140K-SF Greenhouse Symbolizes Pullman Renaissance
Gotham Greens broke ground for what will be Chicago’s largest greenhouse, a 140,000-square-foot facility in Pullman. It will be Gotham… Read more
Deal with American Airlines Keeps O’Hare Expansion Poised for Takeoff
A deal between American Airlines and the city has resolved a dispute over gate allocations that jeopardized momentum on the… Read more
Lessons from Detroit Will Be Focus of ULI Spring Meeting
This year’s Urban Land Institute Spring Meeting is set for May 1-3 at the Cobo Center in Downtown Detroit. Not… Read more
Oak St. Corridor Sees First Sale Since 2016
Mid-America Real Estate Corporation’s investment sales team has brokered the sale of 118-120 E. Oak St., Ill. The $23-million sale… Read more
Inland Securities Names Martens SVP
J. Rick Martens has joined Inland Securities as SVP. Inland Securities is the exclusive dealer-manager and placement agent for public… Read more
Lendlease, CMK Divide Riverline Into Two Separate Projects
Two years into their $2-billion partnership on the Riverline residential development in Chicago’s River South neighborhood, Lendlease and CMK Companies… Read more
NKF’s Chodos to Receive Red Cross Heritage Award
Vice chairman Bob Chodos of NKF will receive one of the American Red Cross’ highest honors, the Heritage Award, at… Read more
Midwest Real Estate Data Taps New CTO
Industry veteran Chris Haran is joining Midwest Real Estate Data as its chief technology officer. Coming to MRED from Coldwell… Read more
Alex Frei Joins CBRE as SVP in Chicago
Alex Frei has joined CBRE Group’s Incentives Practice Group on its Transaction and Advisory Services team in Chicago as SVP.… Read more
Kendall College Will Sublease Goose Island Campus
For-profit culinary and hospitality school Kendall College is preparing to exit the Goose Island campus it has occupied for more… Read more
ALDI Expands Instacart Delivery to Greater Chicago
Discount grocer ALDI has expanded its Instacart online ordering and home delivery service to the Chicagoland region. The partnership with… Read more
Chicagoans Like Mayor’s Development Pushes, But Not the Mayor Himself
Chicagoans surveyed by Washington, DC pollster Jill Normington are overwhelmingly in favor of a couple of major development pushes by… Read more