Chicago
Waldorf Astoria in DC Files for Foreclosure
The lender of the $250 million-plus note secured by the leasehold on the Waldorf Astoria Washington D.C. has filed a… Read more
Mid-America Brokers Sale of Michigan Avenue Building
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of a 27,093-square-foot office and retail building located at… Read more
Hudson Investing, Midloch Acquire Indianapolis BTR
Hudson Investing and Midloch Investment Partners have acquired Jackson Run Townhomes, an 84-unit Class A multifamily rental community in the… Read more
Marcus & Millichap Sells Illinois Net-Leased Property
Marcus & Millichap completed the sale of Caliber Collision, a net-leased property located in O’Fallon, Illinois. The asset sold for… Read more
RL Cold, Graycor to Deliver Minneapolis Cold Storage Facility
RL Cold, a division of RealtyLink, LLC, broke ground on The Lakeville build—a 292,000-square-foot cold storage facility located in Minneapolis.… Read more
Kevin Brennan Promoted to Chief Investment Officer, Brennan Investment Group
Brennan Investment Group has announced Kevin Brennan’s promotion to Chief Investment Officer. He will lead Brennan’s 17 regional offices and… Read more
Student Housing Preleasing, Rent Growth Decelerate; Still Ahead Y-O-Y
Preleasing at Yardi 200 schools reached 73.5% in April, exceeding last year’s rate by 50 basis points BUT decelerating somewhat… Read more
Foxtrot Assets Sold at Auction Following Sudden Closure
Foxtrot’s assets were sold at auction Friday for more than $2.2 million, reported Crain’s. The buyer was holding company Further… Read more
IDOT Awards Grant for Gotion EV Battery Plant Road Project
Kankakee County has been awarded a $2.9 million grant from the Illinois Department of Transportation (IDOT) to overhaul Highway 9,… Read more
Transwestern Brokers Sale of 65K-SF Church in MN
Senior Vice President Eric Rapp with Transwestern Real Estate Services represented the Kingdom Embassy Worship Center in the organization’s purchase… Read more
Silver Cross MOB Opens Doors in Orland Park
NAI Hiffman recently joined representatives from Silver Cross Hospital and Premier Suburban Medical Group (PSMG) to celebrate the completion of… Read more
CBRE Arranges $100M Recapitalization for Industrial Portfolio
CBRE has arranged a $100 million recapitalization of a 36-property industrial service facility portfolio in a joint venture between Wayzata,… Read more
Vintage Chicago MF Properties Fetch High Per-Unit Price
Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the sale of two multifamily properties. Located in… Read more
Global CRE Pricing Continues to Slip in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024 as deal activity remained sluggish across… Read more
Microsoft to Build $3B AI Hub at Former Foxconn Site in WI
During a trip this week to Wisconsin, President Joe Biden announced a $3.3 billion investment by Microsoft to build an… Read more
Pullman Gateway Mixed-Use with Chick-fil-A Breaks Ground
Members of the Pullman community and officials from the City of Chicago officially broke ground on the latest addition to… Read more
NexGen Hotels Acquires Chicago Landmark Hotel Versey
NexGen Hotels, a hotel development and management company based in Itasca, Illinois, has acquired the Hotel Versey in Chicago. Located at 644… Read more
TruCore Investments Acquires Industrial Asset in OKC
TruCore Investments has acquired a Class B industrial warehouse and distribution center in a prime Oklahoma City location. This deal… Read more