Illinois
Dwight Mortgage Trust Lends $60M on Central Valley Portfolio
Dwight Mortgage Trust (DMT), the affiliate REIT of Dwight Capital, closed two acquisition bridge loans totaling $60 million for a portfolio of four apartment… Read more
MBA, NAR, NAHB Call for Halt to Fed Rate Hikes
Ongoing market uncertainty about the Federal Reserve’s rate path is contributing to “recent interest rate hikes and volatility,” the Mortgage… Read more
Sabal Closes on $2B of Freddie Mac Multifamily B-Piece Deals
Sabal Investment Holdings (SIH) closed a series of five B-piece investments, representing approximately $2 billion in collateral balance and $203… Read more
Loop Building Owner Faces $237M Foreclosure Lawsuit
The owner of a Loop office tower located at 161 North Clark Street is facing a $237 million foreclosure lawsuit… Read more
Bradford Allen Names Jennifer Murphy as President of Management Services
Bradford Allen has announced Jennifer Murphy joined the firm as president of management services. In this role, Murphy will be… Read more
Harry Macklowe’s 1 Wall Street Lands $300M Inventory Loan
Harry Macklowe has secured a $300 million inventory loan for his office-to-residential conversion project at 1 Wall Street in the… Read more
CREFC Sentiment Survey Reveals Cautious Upward Trend
CREFC’s third-quarter 2023 Board of Governors (BOG) Sentiment Index survey, a barometer of market conditions and outlook as perceived by… Read more
Mosaic Construction Expands Footprint at New Northbrook Office
Mosaic Construction, LLC, a full-service commercial and multifamily design-build firm, has moved to a new office at 4201 Lake Cook… Read more
Walker & Dunlop Arranges $40M Financing on Fullerton Retail
Walker & Dunlop arranged $39.9 million in financing to replace the existing debt for Orangefair Marketplace, a 244,000-square-foot regional retail center in Fullerton, CA. The W&D… Read more
Shopoff Closes OC Development Fund Two Months Early
Shopoff Realty Investments said Monday that it had closed its Shopoff OC Development Fund (the “Fund”). The Fund was fully… Read more
Palm Beach Gardens Ritz Developer Secures $340M Construction Loan
A 1,476-square-foot home in Palm Beach Gardens just sold for $18.5 million. But to Catalfumo Companies, it was likely worth… Read more
Focus Breaks Ground on New Tesla Center in Northbrook
Focus, a real estate development and construction firm in Chicago, together with its partner Fort Union, broke ground on a… Read more
The Picklr to Open 10-Court Pickleball Facility at Fox River Commons
The Picklr has chosen Fox River Commons in Naperville, Illinois, as the site of its first pickleball location in the… Read more
The Harold Eisenberg Foundation Hosts 15th Annual Career Day
The Harold E. Eisenberg Foundation will host its 15th Annual Career Day on October 12-13. The event allows students the… Read more
Skender Completes Construction on Bettinardi Golf’s Location
Skender completed construction on Studio B, an immersive shopping and performance center for golf retailer Bettinardi Golf located at 1225… Read more
RE Development Solutions Breaks Ground on Aurora Retail, Office Complex
Developer RE Development Solutions broke ground on two buildings in Randall Square, a retail and office complex in North Aurora,… Read more
Interra Brokers $9.2M Sale of North Shore Mixed-Use MF Building
Interra Realty has brokered the $9.2 million sale of Art House Eleven 21, a 16-unit, mixed-use apartment building in Wilmette,… Read more
Colliers Arranges Sale of Three-Building Chicagoland Industrial Portfolio
Colliers’ Jeff Devine, Steve Disse and Tyler Ziebel represented Ares Industrial Management in the sale of three Chicago area industrial… Read more