Chicago
Wingspan Development Trades Plainfield Apartments in Off-Market Deal
Wingspan Development Group sold Sixteen30, a 284-unit Class A apartment community it developed in Plainfield, IL, about 40 miles southwest… Read more
Des Moines Sale Demonstrates Value of Self-Storage Sector
Marcus & Millichap arranged the sale of Urban Heights Storage, a 54,095-square-foot self-storage facility located in the Des Moines, IA… Read more
Wintrust to Acquire Macatawa Bank for $510M
Wintrust Financial Corporation and Holland, MI-based Macatawa Bank Corporation have entered into a definitive merger agreement for Wintrust to acquire… Read more
World Business Chicago Names Phil Clement New President & CEO
Mayor Brandon Johnson and World Business Chicago Vice-Chair Charles Smith announced that Philip B. Clement has been selected to serve… Read more
Cushman & Wakefield to Lease, Manage Chicago Research Facility
Cushman & Wakefield was selected by IBT Group, LLC., in partnership with Mansueto Office, Inc., to lease and manage The… Read more
Stream Completes Sale of 247K-SF West Loop Office Building
Stream Realty Partners, a national commercial real estate firm, has closed the sale of the 400 South Jefferson building in… Read more
DMG Awarded Management of Aloft at the Glen Town Center
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, has been awarded management of… Read more
Peak Properties Adds South Loop Building to Its Portfolio
Peak Properties LLC has added Uncommon, a 43-unit South Loop building located at 2101 S Wabash Avenue, to its growing… Read more
Cypress Partners Begins Pre-Leasing at Luxury Apartments in MI
Forum Flats, a new luxury apartment complex developed by a joint venture between two Michigan-owned and operated companies, Cypress Partners… Read more
CBRE Arranges Sale of Minnesota MF to Sentinel Management Co.
CBRE has arranged the sale of Berkshire Central, a 191-unit multifamily property in Blaine, Minnesota. Sentinel Management Company purchased the… Read more
Habitat Awarded $4.5M in LIHTC for Riverdale Renovation Project
Thirteen developments, at an estimated total cost of $562 million, have been selected by the City of Chicago’s Department of Housing… Read more
Marketplace at Six Corners Retail Center in Chicago Trades Hands
Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of Marketplace at Six Corners, an urban shopping center anchored… Read more
MetLife JV Secures $127M Refi for Chicago MF in Streeterville
JLL closed the $127 million refinancing of 465 N. Park Drive, a 444-unit multifamily project in the Streeterville neighborhood of… Read more
CBRE Arranges Sale of $12M Minnesota Mixed-Use
CBRE has arranged the sale of Granite Shores, a 67-unit multifamily property in Elk River, Minnesota. Gary E. Hegenes purchased… Read more
Avison Young Arranges 1M-SF Industrial Lease for Crow Holdings
Avison Young has arranged a 1,001,162-square-foot industrial lease on behalf of developer Crow Holdings at 9850 Mississippi Street in Merrillville,… Read more
Chicago, Midwest | Weekly People & Companies for April 12, 2024
Carmel, Indiana-based financial services provider Merchants Capital today has expanded its executive leadership team with the promotion of Chris Messmann… Read more
Owner-Occupier Trades Mixed-Use San Diego Offices
Marcus & Millichap arranged the sale of The Arte Building, a 70,602-square-foot mixed-use property located at 1111 Sixth Ave. in… Read more
Detroit, Chicago, Denver See Highest Risk for Maturing Multifamily Loans
Detroit, Chicago and Denver have the highest risk scores among the top 25 metro areas for maturing multifamily loans, Kroll… Read more
Industrial Outdoor Ventures Completes Trumpet Park Speculative Facility
Industrial Outdoor Ventures (IOV) has completed the construction of its Trumpet Park spec development. Located at 700 Trumpet Drive in… Read more