Chicago
Interra Brokers Sale of Two West Side Multifamily Assets
Interra Realty brokered the $1.365-million sale of a two-building, 20-unit multifamily portfolio in the West Garfield Park and Austin neighborhoods of… Read more
Viking Partners Scores Kane County Retail Center
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Randall Square in Geneva, IL. The 226,029-square-foot center was… Read more
Opus Group Elevates Matt Rauenhorst to Lead Development
The Opus Group has promoted Matt Rauenhorst to president and CEO of Opus Development Company, L.L.C. His responsibilities include business development, directional oversight and leadership of the… Read more
JV Proposes New Hotel for Fulton Market
A joint venture of New York-based developer Cogswell Realty and Elmhurst, IL-based investor Erol Stapleton have proposed a 14-story hotel… Read more
Lee IL Arranges Full-Building Industrial Lease
Lee & Associates has fully leased the 87,640-square-foot 133 N. Swift Rd. in Addison, IL in a long-term lease to an undisclosed… Read more
$95M Multifamily Sale Demonstrates Chicago Market Strength
JLL Capital Markets closed the $95-million sale of Woodlands of Crest Hill, a 730-home apartment community located in the southwest Chicago suburb of Crest… Read more
NAR CEO Bob Goldberg Steps Down
The National Association of Realtors (NAR) has named Nykia Wright as interim CEO, effective Nov. 20. CEO Bob Goldberg, who… Read more
Blackstone Lists Two-Tower River North Office Property
A large office property in Chicago’s River North has been listed for sale after New York-based Blackstone Group was unable… Read more
Kiser Sells Rare SRO Property in Belmont-Cragin Neighborhood
Kiser Group’s Principal Managing Broker, Lee Kiser, recently closed on a $3.15 million affordable housing transaction in Chicago’s Belmont-Cragin neighborhood.… Read more
FSC Signs Heisler Hospitality to Full-Building Lease
Fulton Street Companies (FSC) and partner Fred Latsko of Latsko Interests, who brought Guinness Open Gate Brewery to Chicago, signed… Read more
U.S. Housing Prices Continue on Upward Trend
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 2.6% annual… Read more
Essex Closes Five-Unit Mixed-Use Building in Pilsen
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1848 South Blue Island Avenue, a five-unit,… Read more
Ford to Invest $400M in Chicago Factories in Deal with UAW
Ford has announced plans to invest more than $400 million in its Chicago-area factories in a deal with the United… Read more
Entre Brokers Melrose Park Industrial Building, Parking Lot Sale
Entre Commercial Realty, a full-service industrial and commercial real estate firm based in suburban Chicago, recently completed the sale of… Read more
NewMark Merrill Picks Up Two More Chicago Retail Properties
NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, has facilitated the acquisition of Pulaski… Read more
Mayor Johnson Taps Ciere Boatright to Lead Dept of Planning, Development
Mayor Brandon Johnson has chosen Ciere Boatright, a real estate executive with a background in community development, as the new… Read more
Experts: Upgrades Help Vintage Offices Generate Demand
This is the second in a series of stories about the office sector that go beyond the negative headlines. The… Read more