Chicago
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
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