Illinois
Walker & Dunlop Arranges Financing on Build-for-Rent in Antioch
Walker & Dunlop arranged $30,388,000 in construction financing for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in… Read more
Obama Center Groundbreaking Set for Tuesday
The long-awaited groundbreaking for the Obama Presidential Center on Chicago’s South Side, delayed partly by court challenges from preservation groups, is set for Sept. 28,… Read more
Parkline Chicago’s Penthouse Luxury Rentals Reach 40% Leased
Parkline Chicago developer Moceri + Roszak has leased 10 of the building’s new 24 “Penthouse Collection” ultra-luxury apartments, reaching more than 40% leased after less… Read more
Lightfoot Administration Rolls Out Engagement Campaign to Encourage Vaccination
The Lightfoot administration on Thursday unveiled Protect Chicago 77, a citywide community engagement campaign to ensure that at least 77% of all Chicagoans ages 12… Read more
CA Health and Science Trust Hires Property Management SVP
Chicago-based CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT has hired Loriann Duffy as SVP of property management.… Read more
Clear Height Secures Three Office Leases in Oak Brook
Three leases totaling 27,374 square feet have been completed at 26TWENTYFIVE in Oak Brook, IL. The 214,767-square-foot building is owned by Clear… Read more
Brookfield Recapitalizes Elion’s Park 55 in $1B Partnership
Brookfield Asset Management and Elion Partners have launched a $1-billion strategic partnership expanding Brookfield’s Real Estate Secondaries’ logistics portfolio across… Read more
Valley National Bancorp Acquiring Bank Leumi USA for $1.1B
Valley National Bancorp, headquarter in Wayne, NJ, will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of… Read more
Urban Air Adventure Park Expects to Reach 50 Franchises
Urban Air Adventure Park, part of the franchise growth-focused platform, Unleashed Brands, signed 25 new franchise agreements in the past… Read more
Cresa Names Chicago-Based Head of Portfolio Solutions
Cresa has hired Tricia Trester as head of global portfolio solutions. Based in Chicago, Trester will lead Cresa’s Portfolio Solutions and Consulting teams, with a focus… Read more
Lakeview Apartment Sale Represents “Hat Trick in Chicago Real Estate”
Essex Realty Group recently facilitated the sale of 3500 N. Fremont St., an apartment property in the North Side’s Lakeview neighborhood. Located near Wrigley Field, the property sold to… Read more
Elk Grove Facility Suits Distribution Needs of Idaho-Based Tenant
Entre Commercial Realty represented JC Watson Packing Co. in finding a new location in Elk Grove Village, IL, located in the heart of the O’Hare industrial… Read more
Timber Hill, Champion Realty Launch Fund Geared Toward Industrial Service Facilities
A partnership of Timber Hill Group and Champion Realty Advisors recently launched its newest investment vehicle, TH Logistics Fund I. The fund,… Read more
Wrigley Building to Undergo Exterior Lighting Renovations
Marking its 100th birthday this year, the Wrigley Building will be undergoing renovations to its exterior lighting. The Magnificent Mile landmark is owned by… Read more
Lakeview Sale Sets High Price Point for Non-Deconversion Deals
Interra Realty brokered the $14.8-million sale of 2827-47 N. Clybourn Ave., a 36-unit building in Chicago’s Lakeview neighborhood that includes six commercial spaces on… Read more
Hazel Tech Commits to Tishman Speyer’s New Fulton Market Development
Tishman Speyer has secured a lease with Hazel Technologies, Inc. for more than 50,000 square feet at 320 North Sangamon. Hazel Tech… Read more
Cawley Chicago Arranges Portfolio Deal on Specialized Industrial
Cawley Chicago recently completed the sale of a three-building portfolio totaling over 74,000 square feet of space on more than… Read more
Ventas Completes $2.3B Deal for New Senior Investment Corp.
Chicago-based Ventas completed its acquisition of New Senior Investment Corp. in an all-stock transaction valued at approximately $2.3 billion, including the… Read more
ESD Adds Two to Leadership Team
Chicago-based ESD (Environmental Systems Design, Inc.) has added two new members to its leadership team. David Weihing is the new… Read more