Chicago
Bally’s $1.7B Chicago Casino Gains Site Approval
Bally’s Corp. recently cleared a major construction hurdle for its Chicago location following the formal approval of its site plans… Read more
Newly Built Multifamily Property in Illinois Trades Hands
Marcus & Millichap has arranged the sale of The Jade Residences of Waterfall Glen, a 70-unit apartment property located in… Read more
JLL Advises on $467M Sale-Leaseback of SouthState Banks
JLL has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states, occupied by… Read more
Cambridge Realty Capital Provides $43M for Properties in IL, WA, and IA
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington,… Read more
Chicago-Based Origin Acquires Ninth Community in Nashville
Chicago-based Origin Investments has completed its second acquisition as part of its Origin Exchange DST investment program launched in June… Read more
Heitman Acquires Majority Stake in Swedish Self-Storage Operator
Chicago-based Heitman has acquired a majority stake in Servistore, Sweden’s third–largest self–storage operator. The business has 31 sites in 14… Read more
Chicago/Midwest People & Company News, week of February 28, 2025
JLL has appointed Travis McCready as the Head of Industries, Leasing Advisory. In this new role, he now oversees brokerage… Read more
CBRE Secures Downers Grove Office Complex Lease
CBRE has arranged a new 46,187-square-foot lease at Corridors II, a Group RMC-owned office building within the Corridors office complex… Read more
Greenstone Partners Brokers Multi-Tenant Deal For $11.5M
Greenstone Partners has brokered the sale of 821 W. Eastman, a 23,150-square-foot multi-tenant property in Chicago’s Lincoln Park neighborhood, for… Read more
Old Second Expands Chicago Footprint in $197M Evergreen Acquisition
Old Second Bancorp has agreed to acquire Bancorp Financial, the parent company of Evergreen Bank Group, in a cash-and-stock transaction… Read more
Marcus & Millichap Brokers Sale of Arlington Heights Apartments
Marcus & Millichap has completed the sale of Dryden Apartments, a 100-unit property located in Arlington Heights, Illinois. Ryan D.… Read more
Clear Height Properties JV Acquires Light Industrial Building in Lisle
A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an… Read more
Investor Buys 47-Unit Apartment Property in Northlake
Marcus & Millichap has completed the sale of a 47-unit apartment property located at 27, 36 and 43 King Arthur… Read more
Edged Data Centers Opens New AI-Ready Data Center in Aurora
Edged has completed construction on its newest, ultra-efficient data center designed to power Chicagoland’s exponential AI boom and deliver connectivity… Read more
Friedman Sells 214K-SF Former Steel Plant in Chicago Heights
Friedman Real Estate’s Kellen Duggan recently completed the sale of the 214,000-square-foot former Liberty Steel plant at 317 E. 11th… Read more
Roti Restaurant Chain Acquired by Edible Arrangements Founder
A private-equity firm launched by the founder of Edible Arrangements, Tariq Farid, has acquired the Chicago-based fast-casual chain Roti Modern… Read more
Avison Young Negotiates Lease of Former Foxtrot Commissary
Avison Young has arranged a lease of approximately 20,000 square feet across two units of industrial space at 900 West… Read more
Lument Provides $111M to Refi Chicago MF Portfolio
Lument has provided $110.8 million in Fannie Mae DUS loans to refinance a six-property multifamily portfolio located in Chicago. The… Read more
BWE Secures $20M to Finance Retail Centers in Chicago, Asheville
BWE has secured $20 million in financing for two retail centers, Mayfair Plaza, located in Chicago, and River Ridge Marketplace,… Read more