Chicago
Walker & Dunlop Originates $66M for Midwest Senior Properties
Walker & Dunlop, Inc. has originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory… Read more
Investor Buys 59-Unit Condo Complex in Waukegan
Marcus & Millichap closed the sale of 59 condominium units from Onan Senior Suites, a building that consists of a… Read more
Essex Finalizes Sales of Two South Side Multifamily Properties
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. has facilitated the sale of two apartment buildings in Chicago’s Chatham and… Read more
Grubhub Subleases from Paypal, Moves HQ to Merchandise Mart
Online food ordering company Grubhub will move its headquarters to the Merchandise Mart and follow the ongoing trend of downsizing… Read more
Historic Kansas City Club Building Hits the Market
A 102-year-old historic building in Kansas City’s Library District has been listed for sale following a multi-year renovation project for… Read more
SIOR Chicago Hosts Event on IL Economic Development
The Chicago Chapter of The Society of Industrial and Office Realtors (SIOR) recently hosted its Speaker Series Luncheon at Allegra… Read more
TruAmerica Multifamily Names New IR Director
Los Angeles-based TruAmerica Multifamily said Monday that Alexis Sofyanos joined the firm as director, investor relations. Based in Chicago, Sofyanos… Read more
Essex Closes Sale of Newly Built Property in Old Irving Park
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., closed the sale of a new construction building at 3941 N. Keeler… Read more
Vacant Lawndale Multifamily Trades to Local Owner
Interra Realty brokered the $1.3-million sale of a 13-unit apartment building at 1858 S. Springfield Ave. in the Lawndale neighborhood… Read more
Marcus & Millichap Arranges Sale of Hotel in Lansing
Marcus & Millichap brokered the sale of Quality Suites Lansing, a 115-room hospitality property located in Lansing, Michigan. The firm’s… Read more
Appellate Court Okays Johnson’s Transfer Tax Referendum
An Illinois Appellate Court panel ruled in favor of Chicago Mayor Brandon Johnson, overturning a Cook County judge’s ruling against… Read more
Eye on CRE Capital Markets: The Rearview Mirror and a Look Forward
A short time ago, obtaining capital to build, buy or refinance was easy. Money was ridiculously cheap thanks to low… Read more
Hines Fully Subscribes $77M DST Offering for Chicago Apartments
Hines, a global real estate investment, development and property manager, has completed another Delaware Statutory Trust (DST) with HREX Multifamily… Read more
POAH Begins $13M Renovation of Suburban Senior Center
The Preservation of Affordable Housing Inc. (POAH) has started work on the $13 million renovation of two senior buildings in… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Johnson, UChicago to Expand South Side Healthcare Facilities
Chicago Mayor Brandon Johnson is partnering with City Colleges of Chicago, the University of Chicago, and the University of Chicago… Read more
Interra Brokers $10.5M Sale of Redevelopment Site in Logan Square
An investor is looking to breathe new life into a vacant CVS situated in Chicago’s Logan Square. Interra Realty brokered… Read more
Clear Investment Group Acquires Columbus MF Portfolio
Clear Investment Group, a Chicago-based firm that focuses on acquiring, managing and redeveloping real assets in the distressed multifamily sector,… Read more