Illinois
Federal Grant Supports Construction of Englewood Nature Trail
Mayor Lori E. Lightfoot, U.S. Senators Dick Durbin and Tammy Duckworth and U.S. Rep. Danny Davis recently announced $20 million… Read more
Walker & Dunlop Structures Financing for Three Chicago-Area SNFs
Walker & Dunlop, Inc. structured $57.2 million in financing for three skilled nursing facilities (SNFs) in Chicagoland. Senior managing director… Read more
Draper and Kramer Opens Doors to Rentals in St. Louis’ The Hill Neighborhood
Draper and Kramer, Incorporated announced the completion of Moda at The Hill, a new 225-unit rental development at 2100 Boardman… Read more
PCCP and Midwest Industrial Funds Launch Project in Low-Vacancy McCook Submarket
A joint venture of PCCP, LLC and Midwest Industrial Funds will develop a 245,002-square-foot, Class A industrial facility at 8701 W. 53rd… Read more
Hotel Occupancy, Downtown Programming Point to Loop Recovery
Hotel occupancy in downtown Chicago reached a new high of nearly 90% recovery rate, surpassing the previous record in May,… Read more
Lincoln Park Sale Hits Per-Unit High on Pricing
Chicago-based Novak Development has sold a 32-unit rental building at 2050 N. Clark St. In Lincoln Park to HP Ventures… Read more
Fully Occupied Pilsen Mixed-Use Comes to Market
Essex Realty Group has been selected to market for sale 1848 S. Blue Island Ave., a mixed-use investment property in… Read more
Proper Title Bolsters Expansion with Three New Hires
Proper Title, LLC, a full-service title insurance agency serving the residential and commercial real estate industry, has expanded its title… Read more
JV of Denholtz, Redwood Real Estate Moves Ahead on Bound Brook Apartments
A joint venture between Denholtz Properties and Redwood Real Estate Group is moving ahead with the $50-million construction of a… Read more
JLL Forges Development and Management Partnership with Poag Shopping Centers
JLL has entered into a mixed-use development and management strategic partnership with Poag Shopping Centers. Poag will provide development and redevelopment services for JLL-managed… Read more
Global Retailing Consultant Nicki Hines Joins JLL as Executive Managing Director
JLL has appointed Nicki Hines as executive managing director, retail corporate services, based at JLL’s Chicago headquarters. She brings more than 30… Read more
Essex Team Lists Rogers Park Courtyard Property
Essex Realty Group, Inc. has been selected to market for sale 7381 N Damen Ave., a vintage 32-unit multi-family courtyard… Read more
ShopCore Hosting Events Nationwide to Address Childhood Hunger
With a view toward addressing childhood hunger, Chicago-based ShopCore Properties will host a series of events nationwide during Hunger Action Month,… Read more
Ryan Breaks Ground on Transit-Oriented Apartment Project in Elmhurst
Ryan Companies US Inc. has begun construction on Vyne on Haven, a 200-unit, transit-oriented apartment community at 102 Haven Rd.… Read more
601W Secures $215M Financing for New Office Redevelopment in Chicago’s SW Loop
(Updated with additional information) 601W Companies has secured a total of $215.1 million in financing for its redevelopment of 801… Read more
CTA Receives $29M Federal Grant to Expand Electric Bus Operations
The Chicago Transit Authority (CTA) said Tuesday it was awarded nearly $29 million in grant funds by the Federal Transit… Read more
Michaels Organization, DL3 Advance on Woodlawn Mixed-Income Project
The Michaels Organization and its Chicago-based partner, DL3 Realty, are set to break ground on a new mixed-income, mixed-use, affordable… Read more
Bridge Industrial Gears Up for Next Melrose Park Project
Bridge Industrial acquired a 12-acre site in a forward sale structure to serve as the future home of Bridge Point… Read more
Pritzker Seeks Sale of Damen Silos on Chicago’s Lower West Side
Weeks after announcing a new deal for the sale of the James R. Thompson Center in downtown Chicago, Gov. JB… Read more