Chicago
High Competition in the Rental Housing Market During 2024
Developers have been busy building apartment buildings this past year. According to RentCafe, more than half a million rental units… Read more
Chicago/Midwest People & Company News, week of December 12, 2024
Project Management Advisors, Inc. (PMA) has welcomed Brad Moeller to its team as vice president. Based in the firm’s Chicago… Read more
Two Austin Rental Assets Included in $525M Refi
Newmark Group completed a $525 million refinancing of six properties on behalf of ICONIQ Capital and Sentral. The financing was provided… Read more
Skender Completes Renovation of West Side Apartment Buildings
Skender and its joint venture partner, Blackwood Group, completed the renovations of two West Side senior living apartment buildings in… Read more
Cawley Completes 200K-SF in Tenant Representation Deals
Cawley Commerical Real Estate announced the completion of nine tenant representation transactions totaling over 200,000 square feet across the Chicagoland… Read more
Construction Begins on Lincoln Park Residential Development
General contractor Summit Design + Build has officially broke ground at 537 W. Drummond, a seven-story residential development coming to… Read more
Berkadia Sells Assisted Living Portfolio in Chicago, Milwaukee
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago… Read more
Batch Freight Relocates, Expands Chicago Headquarters
BATCH Freight (BATCH), a logistics technology company, is relocating its downtown Chicago headquarters and will nearly double its office footprint.… Read more
CIC Celebrates 50 Years of Impact
Community Investment Corporation (CIC), a Chicago non-profit lender that finances the acquisition, rehabilitation, and preservation of affordable rental housing, celebrates… Read more
Blue Vista, Clarion to Acquire Student Housing Portfolio
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of… Read more
Storage Post Enters Chicago Market with the Acquisition of Five Sites
Storage Post Self Storage has marked a significant milestone by entering the Midwest market with the acquisition of five self-storage… Read more
Chicago/Midwest People & Company News, week of December 5, 2024
Graycor announced that Dave Wing has been promoted to CEO from President and COO of the Graycor family of companies.… Read more
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