Illinois
Phoenix Investors Adds Multi-Tenant Freeport Industrial Property
Coldwell Banker Commercial McGuire Mears & Associates has closed the sale of a multi-tenant industrial property located at 1555 IL Rte.… Read more
Madison Apartment Portfolio Draws Coast-to-Coast Buyer Interest
Northmarq brokered the sale of a four-property multifamily portfolio consisting of 1,288 units in Madison, WI. Terms of the sale were… Read more
Newmark’s Chicago Debt & Structured Finance Team Talks Dealmaking in a Changed Environment
Newmark’s Chicago Debt & Structured Finance Team—Executive Managing Directors Joel Simmons and Ben Greazel, Vice Chairman Adam Levinson, and Associate… Read more
Interfaith Breaks Ground on Passive Housing Project in Garfield Park
Interfaith Housing Development Corporation (IHDC) has broken ground on the Conservatory Apartments, located on Chicago’s West Side. Situated just north of… Read more
Private Investors Trade South Shore Multifamily Property
Inland Real Estate Commercial Brokerage closed the sale of a multifamily property located at 7400-7600 S. Phillips Ave. in Chicago’s South… Read more
Interra Arranges Second Arlington Heights Deconversion Deal in 30 Days
Interra Realty brokered the deconversion sale of a 40-unit multifamily property in Arlington Heights, IL. The property, 1 N. Chestnut Ave.,… Read more
Unibail-Rodamco-Westfield Plans Transformation of Skokie’s Old Orchard Center
Unibail-Rodamco-Westfield (URW) on Tuesday unveiled plans for a sweeping redevelopment of its Westfield Old Orchard shopping center in Skokie, IL.… Read more
Illinois Company Building $50M Plant in El Paso
A manufacturing company based in Illinois will be bringing 130 jobs to El Paso and will also be investing around… Read more
PR Services Firm Cision Downsizes in West Loop Sublease
Public relations services company Cision is downsizing its headquarters and moving to the West Loop, reported Crain’s Chicago Business. Cision… Read more
UberEats Settles with City of Chicago Over Restaurant Listings
The Lightfoot administration said Monday that Uber has agreed to a $10-million settlement stemming from the city’s investigation into UberEats’… Read more
Luxury Living Resi Brokerage Marks 15th Anniversary with Rebranding
Luxury Living Chicago Realty marked its 15th anniversary with a rebranding. Going forward, the company, which offers residential leasing and… Read more
Marcus & Millichap Closes Sale of Hammond, IN Storage Facility
Marcus & Millichap closed the sale of Alpha Storage, a multi-story facility currently with 68,277 rentable square feet of self-storage… Read more
AEW Capital Management, Flagship Healthcare Trust Acquire $80M Portfolio of ASCs
AEW Capital Management L.P., and Flagship Healthcare Trust, a Charlotte, NC-based healthcare real estate investment trust, have formed a joint… Read more
Mixed-Use Sells in Fulton River District “Set to Explode” with New Development
Essex Realty Group, Inc. recently facilitated the sale of 401 N. Milwaukee Ave., a mixed-use property located in Chicago’s Fulton… Read more
NewPoint Adds Managing Director for Seniors Housing Originations
NewPoint Real Estate Capital LLC has hired Christopher Honn as managing director, seniors housing originations. Based out of Chicago, Honn… Read more
Obama Center Issues RFP for Restaurant Operators
The Obama Foundation has issued a request for proposals to operate a restaurant and grab-and-go cafe at the under-construction Obama… Read more
Cambridge Realty Capital Provides Refi on Westmont Skilled Nursing Facility
Cambridge Realty Capital Companies has provided an $18,120,000 HUD Lean loan to refinance Bria of Westmont, a skilled nursing facility, located… Read more
JLL Lines Up $100M Acquisition Loan on South Loop Apartment Tower
JLL Capital Markets closed $99.5 million in acquisition financing for The Elle, a 496-unit multifamily high-rise in Chicago’s South Loop.… Read more
Hilco Real Estate Closes Bankruptcy Sale of Former Cité Restaurant
Hilco Real Estate, LLC (HRE) completed the bankruptcy sale of a penthouse restaurant atop Lake Point Tower in downtown Chicago.… Read more