Illinois
The Next Wave: 2024 Trends & Transformations in the Industrial Sector
The industrial sector is being reshaped by a couple of significant trends rippling across the landscape today, at least that… Read more
We’re Looking for More of 2024’s Rising CRE Stars
Response to our call for nominations in Connect CRE’s eighth annual Next Generation Awards has been positive. However, we look… Read more
Family Dollar to Close Locations Across Illinois
At least two Family Dollar stores in Peoria, Illinois, are slated to close following the company’s recent plans to close nearly 1,000… Read more
HUD Awards $17M in Grants for Chicago Apartment Energy Upgrades
The U.S. Department of Housing and Urban Development (HUD) announced $173.8 million in new grant and loan awards under its… Read more
Former Chicago YMCA Redeveloped Into Lawson House Apartments
Holsten Development was joined by Chicago Mayor Brandon Johnson and city officials to celebrate the grand opening of an affordable… Read more
Blueprint Brokers Sale of Senior Housing Portfolio in Chicago Suburbs
Blueprint Healthcare Real Estate Advisors has negotiated the sale of three value-add senior housing communities in the western suburbs of… Read more
Streeterville Apartment Tower, Mixed-Use Development Opens
The Saint Grand, a co-development and joint venture between Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties, began… Read more
Luxury Minneapolis Apartment Tower Welcomes Residents
A new luxury apartment tower in Minneapolis’ Downtown East neighborhood has opened. The 4th and Park Apartments, a 350-unit, mixed-use,… Read more
Florida Investor Buys Distressed Schaumburg Towers
A Florida-based investor has purchased the distressed Schaumburg Towers office complex after an auction for the property failed to attract… Read more
CBRE Arranges Sale of Build-to-Rent Property in Northwest Minneapolis
CBRE arranged the sale of Avery Park, a 124-unit build-to-rent (BTR) multifamily project located in Maple Grove, Minnesota, consisting of… Read more
Milwaukee Affordable Property Gets $45M From CIBC
CIBC has made a $45.5 million commitment through equity investment and construction lending to support the Thrive on King project,… Read more
Rally House Opens 9th Chicago Retail Location
Rally House, a national sports and merchandise retailer, has opened another location at the Fashion Outlets of Chicago at 5220… Read more
PACE Loan Group Finances Wisconsin MF to Complete $41M Capital Stack
PACE Loan Group (PLG) provided $8 million in C-PACE financing to The Washington, a four-story, three-building luxury multifamily property with… Read more
North Park Apartment Building Hits the Market
Chicago-based multifamily brokerage firm Essex Realty Group has been exclusively engaged to market for sale 5026 N. Kimball Avenue, a… Read more
Faropoint Secures $90M for 10-Asset Portfolio in Northern NJ
Faropoint, a data-driven real estate investment firm focusing on last-mile industrial properties, has secured a $90 million loan from New… Read more
Echo Global Logistics Announces Official Opening of Office Expansion in Former Groupon Building
Echo Global Logistics, Inc., a provider of technology-enabled transportation and supply chain management services, has completed its extensive buildout of… Read more
IT Solutions Company to Open 20 Chicagoland Locations
NerdsToGo, an information technology solutions and technology repair company, plans a strategic expansion throughout the greater Chicago area in 20… Read more
Chicago, Midwest | Weekly People & Companies for March 29
JLL has promoted Michael Raphael to Chief Procurement Officer to lead procurement activities globally across the company and manage annual… Read more
Berkadia Negotiates 334-Unit MF Sale in St. Louis
Berkadia closed the sale of Crossing at Northpointe, a 334-unit garden-style multifamily property in St. Louis, Missouri. Managing Directors Andrea… Read more