Illinois
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
Copado Joins Growing Ranks of Chicago Tech Unicorns
Chicago-based Copado, a leading DevOps platform powering some of the world’s largest digital transformations, said Monday it had raised $140 million in Series C financing, bringing… Read more
North Wells Closes Refi on River North Loft Offices
North Wells Capital, LLC has successfully closed a $21,000,000 senior refinancing of 440 N. Wells St., an eight-story, 95,316-square-foot office… Read more
Laramar Group Names Company Veteran SVP of Investments
The Laramar Group has promoted Benjamin Slad to SVP of investments. He’s based in Laramar’s Chicago office. Slad joined Laramar in 2004. Over his 17-year tenure with the company, he has been involved… Read more
Pensam Adds to Chicagoland Multifamily Portfolio
Miami-based investment firm Pensam has acquired Lakeside Apartments in Wheaton, IL and Aspen Place Apartments in Aurora, IL. Deal terms for the 620-unit portfolio weren’t disclosed. ‘The acquisition of Lakeside… Read more
ShopperTrak Relocates to Downsized Space at Old Post Office
ShopperTrak is joining the businesses moving their offices to 601W Companies’ redeveloped Old Post Office, signing a lease for a little more than… Read more
Providence Real Estate Snags Orlando Apartments Near Baldwin Park
Providence Real Estate, LLC, a Chicago-based multifamily owner-operator, acquired the Infinity Residences at the Park apartments located beside the Baldwin Park master-planned community in Orlando.… Read more
Farbman Re-Enters Downtown Market with Deal on LaSalle Street
After cashing out of his downtown Chicago office portfolio before the COVID-19 pandemic, investor Andy Farbman has gotten back in the game, Crain’s… Read more
Rentals Listed for Sale in Tight Wicker Park Neighborhood
Essex Realty Group has been hired to market 1265 N. Wolcott Ave. in the North Side’s Wicker Park neighborhood. The six-unit apartment… Read more
Transwestern Reps Charter School in Purchase of South Shore Campus
Transwestern Real Estate Services advised charter school Art in Motion, a Distinctive Schools campus, in its purchase of 7415 S. East End Ave., a 110,000-square-foot property… Read more
Ally Financial Signs Long-Term Lease at Schaumburg Towers
Colliers Chicago’s Steve Kling and David Florent have finalized a long-term, 55,000-square-foot lease with Ally Financial at Schaumburg Towers in Schaumburg, IL. … Read more
Illinois Economic Development Arm Names New CEO
Intersect Illinois, the statewide economic development organization, has named Dan Seals as its new CEO. Seals will guide the organization in… Read more
IE Industrial Hit Record Low of 2.4% Vacancy in Q1
The industrial sector was already experiencing a shift in supply chain activity prior to COVID-19, and e-commerce increased the need… Read more
Near West Side Apartments Expected to Fetch $120M-Plus
The owners of Scio at Medical District, a 410-unit apartment complex on Chicago’s Near West Side, have hired CBRE to market it for sale amid… Read more
Fully Leased Germania Place Sells to Out-of-State Investor
Greenstone Partners arranged the sale of Germania Place at 108 W. Germania Pl., at the convergence of Chicago’s Lincoln Park, Old Town and Gold Coast neighborhoods. The… Read more
CRG Adds Associate General Counsel to Legal Team
CRG, the Chicago-based development and investment arm of Clayco, has retained Lucie Stanley as associate general counsel. With nearly 10 years’ legal experience, Stanley joins CRG’s in-house… Read more
NorthShore, Edward-Elmhurst Health Agree to Merge
NorthShore University HealthSystem and Edward-Elmhurst Health have announced plans to merge under a new parent system, pending regulatory approval. The combined organization will… Read more