Chicago
BWE Secures $20M for Chicago Suburbs Mixed-Use
BWE has secured a $20 million loan to finance the acquisition of Innovation Park, a one million square foot mixed-use… Read more
Office CMBS Delinquencies Surpass 10% in November
Soured office loans drove a 7.36% increase in CMBS delinquencies during November, Trepp reported. The U.S. CMBS delinquency rate rose… Read more
SRS Completes Ground Lease Sale of Raising Cane’s in Quincy
SRS Real Estate Partners has completed the $2.6 million ground lease and land ownership sale of a newly developed Raising… Read more
Foxtrot to Reopen Location in River North
A fifth Foxtrot location is set to reopen in Chicago this week in River North. The upscale grocery chain recently… Read more
LaSalle: 2025 Will Launch New CRE Cycle in US and Canada
U.S. and Canadian real estate is on the verge of a new cycle in 2025, with interest rates down from… Read more
Ryan Cos. Starts Final Phase of Pullman Crossings Industrial Park
Ryan Companies has formed a joint venture with Namdar Realty Group and Mason Asset Management, which announced the financial land… Read more
Chicago’s Luxe on Madison Secures $25M Refi
JLL has secured the $24.75 million refinancing for Luxe on Madison, a 102-unit multifamily community in Chicago, Illinois. The firm represented… Read more
Brennan Investment Group’s Opportunity Fund Acquires Second Asset
Brennan Investment Group has acquired a single-tenant, 225,000-square-foot industrial property on 7.16 acres in Chicago, Illinois. Located at Interstate 55… Read more
Aritzia Opens Flagship Boutique on Magnificent Mile
Vancouver-based women’s fashion boutique Aritzia recently opened its two-story flagship location on Chicago’s Magnificent Mile, filling a vacant space at… Read more
Ventas Pays $78.5M for Tucson Sr. Living Center
The Country Club of La Cholla, a 217-unit independent and assisted living community on Tucson’s north side sold to Ventas,… Read more
Stream Eyeing 1.3M-SF Atlanta-Area Data Center
Steam Data Center has applied for a data center project near Douglasville with a Georgia planning agency. The development would… Read more
IPA Arranges $68.5M for Chicago MSA Residential Development
IPA Capital Markets, a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5… Read more
Community Investment Corporation Gets $15M Gift from MacKenzie Scott
Community Investment Corporation (CIC), a Chicago non-profit lender that finances the acquisition, rehabilitation, and preservation of affordable rental housing, received… Read more
CBRE Arranges HQ Expansion Lease for Investment Firm
CBRE has arranged a new headquarters lease for Energize Capital, a Chicago-based investor in climate solutions. The firm, which invests… Read more
Temerity Strategic Partners Closes $175M Inaugural Fund
Temerity Strategic Partners, a Chicago-based real estate private equity firm, announced the final close of its inaugural investment partnership Temerity… Read more
Clear Investment Group Expands Midwest Footprint
Clear Investment Group, a Chicago-based firm specializing in opportunistic real estate investment, has completed the acquisition of a 70-unit add-on… Read more
Chicago/Midwest People & Company News, week of November 22, 2024
Coastal Ridge, a real estate investment, development and property management firm exclusively focused on rented residential strategies, announced that Peter… Read more
DarwinPW Brokers Sale of Infill Site for Mixed-Use Development
DarwinPW Realty/CORFAC International recently brokered the sale of 2224 W. Grand Avenue in Chicago, a 9,600-square-foot building on a 0.29-acre… Read more