Illinois
Wingspan Closes Fund to Expand Multifamily Development
Wingspan Development Group has closed its WDG GP Fund to further expand its successful multifamily development business. The WDG GP Fund, which drew a… Read more
Lendlease Launches First For-Sale Residential at Southbank Development
Lendlease has broken ground on The Reed, a 41-story, 440-unit residential tower at 234 W. Polk St. in Chicago’s Printers Row neighborhood. The Reed… Read more
SVN | Chicago Brokers Fulton Market Land Parcel Sale
Scott Maesel and Drew Dillon of the Urban Real Estate Team of SVN | Chicago Commercial helped secure a 1.36-acre land parcel… Read more
Industry Veteran Joins Draper and Kramer Mortgage Corp.
Mortgage industry veteran Chris Knapp has joined Draper and Kramer Mortgage Corp. (DKMC), as EVP of business development. Based in the company’s Downers Grove, IL.,… Read more
Bridge Industrial Acquires Land for Mundelein Facility
Bridge Industrial has acquired a site in Mundelein, IL, which will serve as the future home of Bridge Point Mundelein – a 320,196-square foot, Class A… Read more
Cushman & Wakefield Commits to Reducing Greenhouse Gases Across Its Value Chain
Cushman & Wakefield on Thursday announced science-based targets to reduce greenhouse gas (GHG) emissions that are approved by the Science Based Targets initiative.… Read more
Avison Young Names Home Depot VP as U.S. President
Juan P. Bueno has joined Avison Young as principal and U.S. president. Bueno, who brings leadership of large-scale B2B business models to Avison Young, will… Read more
Becovic Adds More Rogers Park Apartments to Portfolio
Essex Realty Group recently facilitated the sale of 1649 W. Jonquil Terr. in the North Side’s Rogers Park neighborhood. This… Read more
Merchants Capital Provides Acquisition Loan on Woodlawn Multifamily
The Chicago office of Merchants Capital recently secured more than $26 million in financing for the acquisition of Island Terrace, an affordable apartment complex… Read more
Colliers Chicago Renews Commitment to Rosemont Offices
Colliers Chicago has signed a 34,012-square-foot, long-term lease extension at 6250 N. River Rd. in Rosemont, IL. The services firm has been… Read more
Newly Launched CA Health and Science Trust Lands Backing from Asset Management Firms
CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT, has closed on an investment of up to $245… Read more
Law Firm Cooley Makes Move to 110 North Wacker
Cooley, an Am Law top 20 law firm based in Silicon Valley, has signed a new, 30,000-square-foot lease at Bank of… Read more
Aviation Maintenance School Ready to Cut Ribbon on McKinley Park Facility
A ribbon-cutting is slated for Sept. 15 at Aviation Institute of Maintenance’s (AIM) new campus in the South Side’s McKinley… Read more
PCCP, Transwestern Development Co. JV for Spec Industrial in I-88 Corridor
A joint venture of PCCP, LLC and Transwestern Development Company (TDC) has announced plans to develop a speculative 173,400-square-foot industrial facility… Read more
Record-Setting River North Condo Deconversion Deal Nears the Finish Line
A developer’s record-setting deal to take over a 51-story condominium tower in River North has cleared a major hurdle, securing… Read more
Bridge Investment Acquires its First Manufactured Housing Assets
Fixed-rate Freddie Mac financing to the tune of $44 million was recently secured for Salt Lake City-based Bridge Investment Group… Read more
Livly, Becovic Partner to Roll Out Digital Platform Across Apartment Portfolio
Livly, Inc., a technology company providing a unified operating system to multifamily residential properties, launched a new partnership with Becovic. The… Read more
Skender Completes South Chicago Senior Housing for POAH
Skender recently completed construction on Salud Center, a 101-unit, 140,000-square-foot senior residential building in South Chicago at 3039 E. 91st… Read more
Marcus & Millichap Lodging Team Finalizes Rockford Deal
Marcus & Millichap closed the sale of Budget Inn, a 131-room hospitality property located in Rockford, IL. The property sold for $1,720,000. First VP Ebrahim Valliani,… Read more