Chicago
RMK Named Property Manager of Ravenswood Multifamily
RMK Management Corp. has been named property manager for The Raven Residences, a transit-oriented rental community at 4733 N. Wolcott… Read more
Heitman Surpasses $600M Fundraising Goal with Latest Debt Vehicle
Chicago-based Heitman LLC on Monday announced the close of its Heitman Real Estate Debt Partners III fund at $806 million… Read more
Skender Completes Construction on East Garfield Park Housing Complex
Skender has completed construction on Fifth City Commons, a 43-unit, 60,000-square-foot affordable housing complex located at 3155 West 5th Avenue… Read more
Becovic Partners with POAH on North Side Affordable Housing
Becovic Management Group will partner with Preservation of Affordable Housing, Inc. (POAH) to support the $27 million renovation of the… Read more
Chicago/Midwest People & Company News, week of January 31, 2025
Ryan Companies US, Inc. announced several recent leadership changes as the company continues to strengthen its presence in key markets.… Read more
JLL Arranges $42M for Jewel-Osco Anchored Retail Center in Wheaton
JLL has secured a $41.65 million financing of Danada Square West, a 314,819-square-foot grocery-anchored shopping center in Wheaton, Illinois. JLL… Read more
Investment Firm Neuberger Berman Leases 52K SF in the West Loop
Private investment firm Neuberger Berman has inked a deal for a 52,000-square-foot lease at 191 North Wacker in Chicago’s West… Read more
Waterton Closes $16M for Suburban Chicago MF Development
Waterton has closed a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit,… Read more
NYC Leads U.S. in Ongoing Office Demand Recovery
New York City has emerged as the leader in the ongoing office demand recovery, surpassing its pre-pandemic benchmark in the… Read more
Pearlmark Fund Acquires Bergen County Multifamily
Pearlmark and Invel Capital closed on the acquisition of Waldwick Station, a 2017-vintage, 110-unit, transit-oriented multifamily property located in the… Read more
Glenstar Announces 284K SF of Office Leases in Schaumburg
Chicago-based Glenstar announced it executed 196,000 square feet of new leases for 12 tenants and 88,000 square feet of renewals… Read more
Essex Brokers Sale of Noble Square Apartment Building
Essex Realty Group closed the sale of a six-unit apartment building located at 1470 W. Huron St. in Chicago’s Noble… Read more
Peak Properties Tapped to Manage Chicago Apartments
Peak Properties has added Low-Line Commons, a 95-unit apartment building located at 3431 & 3449 N. Ashland in Chicago, Illinois,… Read more
Coke Bottler to Spend $42M on SA Expansion
Coca-Cola Southwest Beverages is planning to expand its bottling facility on San Antonio’s East Side. The firm is planning a… Read more
Wideman Buys Citigroup’s Jacksonville Campus
The Wideman Company acquired Citigroup’s Jacksonville campus for $24 million. The campus consists of four interconnected buildings at 14000 Citicards Way.… Read more
Stream Awarded Leasing Assignment for River North Property
Stream Realty Partners has been awarded the leasing assignment for 448 N. LaSalle Drive, a newly constructed boutique office property… Read more
Marcus & Millichap Facilitates Sale of Chicago Walgreens Location
Marcus & Millichap has completed the sale of a net-leased Walgreens location in Chicago, Illinois, for $2.1 million. The 13,000-square-foot… Read more
Chicago/Midwest People & Company News, week of January 24, 2025
Intersect Illinois announced Illinois Central College (ICC) President Dr. Sheila Quirk-Bailey has joined its board of directors. Quirk-Bailey will support… Read more
Luxury Residential Building in Downtown Indianapolis Sells
Standard Real Estate Investments and Arrow Street Development have closed on the sale of Wesley Place, the only luxury residential… Read more