Illinois
BMO Commits $40 Billion to Community Investment
Chicago-based BMO Harris Bank on Monday announced a Community Benefits Plan (CBP) that outlines a more than $40-billion commitment to… Read more
CBRE Arranges Six Leases at Spec Offices in West Loop
CBRE has arranged six leases totaling 54,183 square feet at 609 W. Randolph St, a speculative office building that delivered… Read more
McKissack & McKissack Elevates Girard Jenkins to Operations VP
McKissack & McKissack, one of the nation’s leading Black- and woman-owned architecture, engineering and construction companies, has promoted Girard Jenkins… Read more
Skender Launches Work on Expansion for Greater Chicago Food Depository
Skender has started construction on a 37,000-square-foot expansion of the Greater Chicago Food Depository, a food bank on Chicago’s Southwest… Read more
JVM Realty Adds Romeoville Apartments to Portfolio
JVM Realty Corp. has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, IL, from… Read more
Wisconsin Hotel Property Sells to LLC in 1031 Exchange
Marcus & Millichap arranged the sale of Best Western Park Oasis Inn Mauston, a 53-key hospitality property located in Mauston,… Read more
Bally’s Strikes $200M Deal for Ground Lease on Chicago Casino Site
Bally’s Corporation has closed a transaction with one of Chicago’s leading real estate private equity firms, identified in published reports as Oak… Read more
Marcus & Millichap Brokers Deal for Landmarked Streeterville Apartments
Marcus & Millichap brokered the $10.5-million sale of 227 E. Walton, a landmarked 25-unit multifamily property in Chicago’s Streeterville neighborhood. Kyle Stengle, senior… Read more
Appraisal Institute CEO Jim Amorin to Step Down in February
The Appraisal Institute said Thursday that CEO Jim Amorin will resign effective Feb. 14, 2023. He will conclude five years… Read more
First Western Steers Family Office to Bridgeport Multifamily
First Western Properties arranged the sale of 3404 S. Morgan, a seven-unit multifamily property in the Bridgeport neighborhood on Chicago’s South… Read more
Peak Construction Launches Spec Builds for NorthPoint in Joliet
Peak Construction Corporation was awarded two buildings and site improvements for NorthPoint Development’s Third Coast Logistics Park in Joliet, IL… Read more
JLL IPT Teams with Amherst on $500M Single-Family Rental Venture
JLL Income Property Trust (JLL IPT) has expanded its existing relationship with Amherst to acquire up to $500 million in… Read more
Apartment Conversions Beat Out Ground-Up Construction
A July 2022 report issued by the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) indicated that the… Read more
John Buck’s 155 North Wacker Earns SmartScore Platinum Certification
The John Buck Company’s (JBC) 155 North Wacker office tower has earned SmartScore Platinum certification, the highest level of this worldwide standard… Read more
Stockbridge Divests 758K-SF Elk Grove Industrial Portfolio
Colliers’ Jeff Devine and Steve Disse represented Stockbridge in the sale of an industrial portfolio on approximately 47 acres in… Read more
Marquette Recapitalizes Fulton Market Apartments for $104M
Naperville, IL-based Marquette Cos. has recapitalized Evo Union Park, a 242-unit luxury apartment building at 1454 W. Randolph St. in… Read more
European Investor Plans Apartments on Loop Office Building’s Upper Floors
A high-net worth European family advised by Swiss investment firm 4c AG paid $8.2 million last month for the upper… Read more
Structured Development, Evergreen Cut Ribbon on Schiller Place Apartments
Structured Development and Evergreen Real Estate Group, along with project partners, came together Monday for a ribbon-cutting ceremony for Schiller… Read more
Crystal Lake Mariano’s Trades in 1031 Deal
Northmarq investment sales broker Jason Maier completed the sale of a freestanding Mariano’s supermarket at 105 Northwest Hwy. in Crystal Lake, IL.… Read more