Chicago
Return to Lender: Week of Dec. 7, 2023
Coretrust Capital Partners’ Pasarroyo office building, located in Pasadena, CA, is set for a foreclosure auction on Dec. 20, according… Read more
Sperry Equities Buys Aurora Shopping Center
JLL has closed the sale of Aurora Commons, a 125,826-square-foot, open-air retail center located within the Chicago MSA in Aurora,… Read more
Standard Communities Acquires 214-Unit Senior Living in IL
Standard Communities, a national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100 percent… Read more
Nashville-Area Apartments Trade for $335K/Unit
Weinstein Properties paid $114.57 million for the Bexley Stockyards apartments in Germantown, outside Nashville. The sale was accompanied by a… Read more
Coldwell Banker Sells Long-Stalled Lincoln Square Residential Development
Coldwell Banker Commercial Realty has completed the sale of an under-construction residential development in the Lincoln Square neighborhood of Chicago.… Read more
Passco Surpasses $250M AUM in the Midwest with St. Louis Acquisition
Passco Companies, a California-based real estate company specializing in acquisition, development, and property management, has acquired Cortona at Forest Park,… Read more
Chicago-Based Dental Group Opens Ninth Dental Studio in Lincoln Park
Dentologie, a Chicago-based dental group, has opened its ninth dental studio at 1009 W. Armitage Avenue in the Lincoln Park neighborhood.… Read more
Salesforce Tower Chicago Makes Its Debut, Company Commits $1.25M in Grants
Salesforce Inc. celebrated the grand opening today for its new downtown Chicago office building — Salesforce Tower Chicago — a… Read more
Interra Realty Brokers $11M Sale of Suburban Apartments
Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $11 million sale of Westwood Apartments, an 11-building,… Read more
NY Developer Proposes Residential Tower in Clybourn Corridor
The Georgetown Company, a New York-based developer, is looking to build an apartment building at the intersection of North and… Read more
DMG Capital Announces Acquisition of 72-Unit Luxury Apartments
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) completed the acquisition of Roselle Luxury Apartments, a… Read more
Workbox Signs Lease, Iron Galaxy Expands Space at The National
Transwestern Real Estate Services (TRS) signed both a new lease and a large lease expansion at 125 South Clark Street,… Read more
Interra Brokers Sale of Lakeview Mixed-Use Property
Interra Realty recently facilitated the sale of a mixed-use property in Chicago’s Lakeview neighborhood for $3.45 million. The sale was… Read more
Crews Break Ground on New Aurora Hollywood Casino
The new Hollywood Casino in Aurora, Illinois, broke ground recently, signaling the start of the $360 million project. Mayor Richard… Read more
Lee & Associates of IL Promotes Michael O’Leary to EVP
Lee & Associates of Illinois has promoted Michael O’Leary to executive vice president from senior vice president. O’Leary has been… Read more
Drugmaker AbbVie to Buy Cancer Biotech ImmunoGen for $10B
North Chicago-based AbbVie, a major biopharmaceutical company, will buy ImmunoGen, a biotechnology firm, for $10.1 billion in cash, as the drugmaker… Read more
Transwestern Brokers New Restaurant Lease in the Central Loop
The Central Loop is getting a new eatery. Transwestern Real Estate Services (TRS) has represented building ownership on a new… Read more