Chicago
CIBC Finances Logan Square Affordable Housing Project
CIBC has announced financing for an affordable housing initiative, including a $17.6 million construction loan, a $708,000 permanent loan and… Read more
Inland Founder Daniel Goodwin Passes Away, Age 80
Inland Real Estate Group of Companies, Inc. announced that Daniel L. Goodwin, its founder, chairman and CEO, passed away Jan.… Read more
Related Midwest Gets $500M in Financing for Former Chicago Spire Site
Developer Related Midwest has received more than $500 million in construction financing to begin the first phase of its massive… Read more
White Sox Exploring Stadium Options in Chicago’s South Loop
The Chicago White Sox are reportedly eyeing a stadium move to Chicago’s South Loop on land known as “the 78.”… Read more
80-Unit Apartment Building in Geneva Trades Hands
Marcus & Millichap closed the sale of Pepper Valley Apartments, an 80-unit apartment property located in Geneva, Illinois. Senior Managing… Read more
Farbman Opens Amenity Space with Mural at 100 North La Salle
Farbman Group has finished renovating The LookOut, transitioning the 26th-floor penthouse suite into a unique office amenity space, at 100 North… Read more
Underwriting Metrics Improve for Prime Multifamily
Prime multifamily metrics continued increasing in the fourth quarter of 2023, CBRE said Friday. Unlevered IRR targets, going-in cap rates… Read more
TA Realty Launches New Data Center Development Arm
TA Realty has announced the launch of a dedicated hyperscale data center development arm within its digital real estate team.… Read more
Distressed DT Chicago Office Building Headed to Auction
A ten-story vintage office building in Chicago’s West Loop is going to auction. Farbman Group’s Bill Bubniak and Todd Szymczak… Read more
Bally’s Casino to Relocate Planned Hotel Due to Water Pipe Issue
Bally’s Chicago is in need of a new location for a planned 400-room hotel tower at its permanent casino site… Read more
Demand for Industrial – Multi-Story Industrial, That Is
Mention the words “large industrial property,” and the image that comes to mind is of a sprawling facility that takes… Read more
AmTrust RE Renews Leases Totaling 20K SF in Chicago’s Central Loop
AmTrust RE is seeing the firm’s $50 million commitment for a capital improvements program at two of its downtown Chicago… Read more
DNC Names Firms for United Center Event Construction
The firms that will provide event construction and management for the upcoming 2024 Democratic National Convention in Chicago have been… Read more
Marcus & Millichap Brokers Sale of 7-Eleven in SC
Marcus & Millichap closed the sale of 7-Eleven Fountain Inn, a 4,650-square-foot, net-leased property located in Fountain Inn, South Carolina.… Read more
Law Firm von Briesen & Roper Opens New, Larger Chicago Office
von Briesen & Roper, s.c., a Milwaukee-based law firm, is opening a new and larger Chicago office at 320 S.… Read more
Leopardo Construction Begins Work on Raymond James Office
Leopardo Construction recently began work on a 50,000-square-foot interior renovation for global financial services company Raymond James. The project comes… Read more
Chicago-Based Potbelly to Open First Orlando Location
Potbelly Corporation, a Chicago-based sandwich shop, is opening its first location in Orlando, marking the company’s entry into the Central Florida… Read more
Chicago Nonprofit to Build Center with $3M Donation from MacKenzie Scott
HIRE360, a Chicago workforce development nonprofit, received a $3 million donation from philanthropist MacKenzie Scott. The nonprofit will use the… Read more