Chicago
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
Savills Renews West Loop Chicago Office Lease
Savills has extended its long-term lease for its Chicago office. The global real estate advisory firm will remain in an… Read more
F.H. Paschen Tops Out Chicago-Area Workforce Housing
F.H. Paschen has topped off the first phase of the Bellwood Gateway Development, a $43 million workforce housing project in… Read more
Kiser Brokers $11M Edgewater Portfolio Sale
Kiser Group Partner Andy Friedman and Senior Director Jake Parker have closed the sale of three fully occupied multifamily properties… Read more
JLL to Acquire Investment Banking Firm Javelin Capital
JLL has agreed to acquire Javelin Capital, a renewable energy investment banking firm with offices in New York and Chicago,… Read more
JLL: Data Center Sector Remains Strong Amid AI Growth
Despite challenges and unique market dynamics, data centers are thriving. According to JLL’s new North America Data Center Year-End 2024… Read more
Portland Art Museum Sets Date to Open $111M Campus Expansion
The Portland Art Museum (PAM) announced that its expanded and renovated campus will open to the public on November 20,… Read more
Tishman Speyer Secures 240K-SF Lease Extension at Chicago’s CME Center
Tishman Speyer completed a 240,000-square-foot lease extension with bp at CME Center in the heart of Chicago’s West Loop district.… Read more
Essex Brokers Sale of Sauk Village Apartment Complex
Essex Realty Group has negotiated the sale of a ten-building multifamily portfolio consisting of 180 total units. The portfolio sold… Read more