Illinois
Connect Investment & Finance Event: Ed Wlodarczyk on C-PACE Misconceptions
Among the topics on the agenda for Connect Investment & Finance, taking place Oct. 6 at the Hyatt Regency O’Hare… Read more
JV Secures $102M Construction Financing on River North Mixed-Use
A co-development and joint venture between Mavrek Development, GW Properties, Luxury Living Chicago Realty and Double Eagle Development has closed… Read more
Partner Valuation Advisors Adds Two Managing Directors
Partner Valuation Advisors has expanded its team of national commercial real estate valuation experts with Joseph M. Miller as managing… Read more
Well-Located Ukrainian Village Apartments Trade to Local Investor
Essex Realty Group recently facilitated the sale of 1007 N. Winchester Ave., a six-unit multifamily property in Chicago’s popular Ukrainian… Read more
Origin Investments’ David Scherer Remains Pro-Multifamily Amid Current Market Forces
The increasing interest rate patterns could have far-reaching implications on the multifamily sector, said David Scherer, co-CEO of Chicago-based Origin… Read more
Peak Properties Adds Gold Coast Deconversion to Management Roster
Peak Properties has added to its roster of high-rise management projects with a new deconversion in at 1211 N. LaSalle… Read more
Thor Equities Leases Up Refurbished South Chicago Truck Terminal
Thor Equities Group signed a lease with Torpedo Expedited at the recently renovated 2940 W. 36th St. in Chicago. Terms… Read more
Fox Valley Mall Will Add More Apartments, Seniors Housing
Fox Valley Mall in Aurora, IL has received approval for a 323-unit luxury apartment community and a 200-unit-plus senior living… Read more
Discovery Partners Institute Unveils Plans for Headquarters at Related’s The 78 MXU
The University of Illinois’ Discovery Partners Institute (DPI) on Friday unveiled the design for the new headquarters in The 78,… Read more
JLL Valuation Hires Jim O’Leary as EVP with Industrial Focus
JLL’s Valuation Advisory group has hired Jim O’Leary as an EVP in its Chicago office. O’Leary will serve as the… Read more
City Council Approves Plan for Chicago Fire Training Center
The Chicago City Council has approved a zoning change that allows the Chicago Fire soccer club to build an $80-million… Read more
Longtime Anchor Tenant Renews Evanston Office Lease
Grumman/Butkus Associates, an energy, engineering and resource consulting firm, has signed a long-term renewal at 820 Davis St. in Evanston,… Read more
Chicago CRE Professionals Are Hyper-Focused on Inflation, Interest Rates
The third 75-basis point increase in the federal funds rate, and the Federal Reserve’s fifth overall increase for 2022, is… Read more
New Lakeshore East Apartments Nearly 100% Leased a Year After Opening
Lendlease and co-developer Magellan Development Group said Wednesday that Cascade, a 37-story, 503-unit luxury apartment tower in Chicago’s Lakeshore East… Read more
Avondale Location is a Draw for Multifamily Investors
Essex Realty Group recently facilitated the sale of 2842-2844 W. Fletcher St. a 13-unit multifamily property in Chicago’s Avondale neighborhood.… Read more
JLL Adds Multifamily Property Management, Led by Lela Cirjakovic
JLL has added multifamily to its property management business. The new Multifamily Property Management group will be led by managing… Read more
Bensenville Office Complex Draws Buyer from California
Marcus & Millichap brokered the $6.75-million sale of the Hartford Business Centre, a 66,853-square-foot, multi-tenant office complex at 729-765 N.… Read more
Lightfoot to Propose Tax Incentives to Convert Loop Building Stock into Residential
Mayor Lori Lightfoot is expected to announce next week a new initiative offering tax-increment financing money and other public incentives… Read more
Chicago Title First to Sign Lease for Dallas’s QUAD
Even though they can’t use the building for two years, one of the largest title insurer and provider of real… Read more