Illinois
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
$122M Grant to Help Open Health Center on Chicago’s South Side
A one-of-a-kind healthcare collaborative, the Center for Better Aging (CBA) located at St. Bernard Hospital, will open in July to… Read more
Discover CEO Resigns After Brief Stint to Lead Ally Financial
Discover Financial Services announced that Chief Executive Officer Michael Rhodes, who took the role in December amid the finance giant’s… Read more
DePaul to Host Real Estate and Finance DEI Conference
DePaul University’s Department of Finance & Real Estate is hosting its inaugural DEI Conference, “Breaking Barriers: Transforming Real Estate and… Read more
Malls: Are They Coming Back?
Malls seem to be the poster child for failed retail space. The first mall in the United States opened in… Read more
Hotel Near Midway Airport Up for Sale for More Than $20M
Holiday Inn Chicago hotel, located near Midway International Airport, has hit the market for $20.5 million. The property is being… Read more
Developer Plans Apartment Building Near Fulton
An affiliate of the Chicago-based Range Group is planning a five-story apartment building north of Chicago’s Fulton Market District. The… Read more
TransUnion Nearly Doubles Previously Announced Layoffs
Chicago-based credit reporting company TransUnion is nearly doubling its statewide layoffs in Illinois to 640 employees as part of a… Read more