Chicago
Midlothian Apartment Portfolio Trades Hands
Marcus & Millichap completed the sale of the Karlov & Keystone Portfolio, a 23-unit apartment portfolio located in Midlothian, Illinois.… Read more
Essex Completes MF Sale in Chicago’s South Shore
Multifamily brokerage firm Essex Realty Group, Inc. has completed the sale of a 31-unit multifamily property located in Chicago’s South… Read more
DMG Tapped to Manage Grand Prairie Townhomes
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, announced the new management of… Read more
Chicago City Council Approves $158M for Downtown Projects
The Chicago City Council has approved $158 million in tax-exempt housing revenue bonds for the redevelopment of two downtown office… Read more
KC Data Center Operator Opens New Facility in Shawnee
Netrality Data Centers, a privately held owner and operator of core interconnection facilities, recently opened its latest data center facility,… Read more
Mid-America Real Estate Arranges Sale of Livonia Marketplace
Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Livonia Marketplace in Livonia, Michigan. The 52,730-square-foot retail… Read more
$400M Amusement Park, Hotel at Lake of the Ozarks
St. Louis-based SkyView Partners and Tegethoff Development held a groundbreaking ceremony in Osage Beach, Missouri, for the new Oasis at… Read more
Wayfair’s First Large-Format Store Opens Its Doors In Wilmette
Wayfair Inc. has opened its first large-format store in Wilmette, Illinois. Spanning 150,000 square feet, the two-story Wayfair store is… Read more
Avison Young Markets 500K-SF South Cook Industrial Portfolio
Avison Young is marketing a two-building, 508,088-square-foot industrial portfolio in the South Cook submarket for sale. The properties at 5555… Read more
Chicago/Midwest People & Company News, week of May 20, 2024
JLL has elected Susan Gore as an independent, non-executive member of its Board of Directors. She will also serve on… Read more
Kiser Lists Prime Multifamily Property in Champaign
Kiser Group Principal and Designated Managing Broker Lee Kiser, Advisor Kyle Sissell, and Associate Jackson Medina of Kiser Group have… Read more
Lagunitas Brewing Co. to Close Chicago Brewery, Taproom
Lagunitas will move its brewery operations to California and close its Chicago taproom. The company announced the news in a… Read more
Shops of Heatherfield in Glenview Sold to The Shiner Group
Mid-America Real Estate | Investment Sales Group recently brokered the sale of Shops of Heatherfield, a core grocery-anchored shopping center… Read more
KC Multifamily Reopens After Renovation Project
Villa Del Sol, a residential community originally developed in 1997, has reopened following its renovation, led by developer, property manager,… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more
Declining DSCRs Mean Potential Distress in Many Office Markets
Although the much-anticipated wave of office distress has yet to materialize, new research fromYardi Matrix shows that many markets are… Read more
We’re Looking for More of the Top CRE Mortgage Brokers & Lenders
Early response to Connect Commercial Real Estate’s fourth annual Top Mortgage Brokers & Lenders Awards has been positive. Yet we’re… Read more
Redwood Living to Open New MF in Aurora
A brand-new single-story apartment community in Aurora is set to open this summer. Developed by Ohio-based Redwood Living, the property… Read more
Lamar Cos. Acquires Geneva Commons at Major Discount
Lamar Companies, in conjunction with Real Capital Solutions, acquired Geneva Commons, a 440,370-square-foot open-air shopping center in Illinois. The joint… Read more