Chicago
Reno Student Housing Investors Procure $78.5M Refi
GMH and CRG obtained a $78.5 million refinancing on The Dean Reno, a student housing community adjacent to the University… Read more
Report: Big Box Speculative Construction Slows Down
In 2024, the construction of new large-scale retail developments slowed significantly, with only 27 buildings of 200,000 square feet or… Read more
Howard & Howard Attorneys to Relocate Chicago Office to Two Pru
Howard & Howard Attorneys, a full-service, national law firm, will relocate its Chicago office to Two Pru in a long-term… Read more
Interactive Gaming Facility to Open Naperville Location
Activate, an interactive gaming facility, has selected Fox River Commons in Naperville for the site of its second location in… Read more
KBS Refinances Two Loan Facilities Over $800M Including Chicago Tower
KBS Realty Advisors has completed two major refinancings for KBS Real Estate Investment Trust III (REIT III). The new agreements… Read more
Apartments West of Chicago Sell for $72M
Chicago-based Laramar Group has purchased the ReNew Downers Grove apartment complex for $72.1 million from FPA Multifamily. JLL’s Kevin Girard,… Read more
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
Wells Fargo Continues Chicago Expansion, Opens West Loop Branch
Wells Fargo celebrated the opening of its new West Loop bank branch located at 935 W. Randolph St. as it… Read more
Eastham Capital Acquires Chicago MF for $76M
Eastham Capital has acquired Haven Hoffman Estates, a 550-unit residential apartment community in the Chicago suburb of Hoffman Estates. The… Read more
Mesirow Expands Structured Debt Capabilities, Launches SASB Platform
Chicago-based Mesirow, an independent financial services firm, announced the launch of its Single-Asset Single-Borrower (SASB) platform. Mesirow’s SASB financing platform… Read more
Straits Row Apartments Begin Leasing in Chicago’s South Loop
Leasing has started Straits Row, a new 18-story rental tower in the South Loop that combines traditional apartments with co-living… Read more
Australian Clean Fast Food Brand Plans Eight Chicagoland Locations
Guzman y Gomez (GYG), a Mexican casual and fast food restaurant chain based in Australia, has signed a lease in… Read more
Marcus & Millichap Brokers Sale of Naperville Retail Property
Marcus & Millichap completed the sale of a 22-suite retail property located in Naperville, Illinois. The property sold for $6.99… Read more
Habitat Secures $73M Loan, $29M in New Equity for Chicago MF
Chicago-based Habitat has refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a… Read more
Atlanta Ranks Among Nation’s Leaders in Office-to-Apartment Conversions
According to a recent RentCafe/Yardi Matrix report, the Atlanta metropolitan area will see 2,239 spaces come to life through office-to-apartment conversion projects,… Read more
NAI Hiffman Brokers Sale of Suburban Chicago Industrial
NAI Hiffman has brokered the sale of a 4-acre industrial outdoor storage property at 2351 Powis Road in West Chicago,… Read more
Peak Properties Expands Portfolio with Two Building Assignments
Peak Properties has been awarded a management assignment in Chicago’s Lincoln Park West neighborhood. The assignment encompasses two red-brick buildings… Read more
CBRE Brings Webster Place in Chicago’s Lincoln Park to Market
CBRE has been retained as the exclusive agent for the sale of Webster Place, a 136,130-square-foot, newly renovated healthcare and… Read more