Illinois
Kiser Group Arranges Bulk Sale of Uptown Condos
Kiser Group arranged the $3.05-million sale of 29 condominium units in a 37-unit multifamily property in the North Side’s Uptown neighborhood. The bulk sale represents… Read more
Livly, Allegion Partner on Smart Access for Multifamily
Chicago-based Livly, Inc., which offers a unified operating system for multifamily residential properties, has launched a collaboration with Allegion U.S., a leading security products and solutions provider.… Read more
Ware Malcomb Adds Design Director in Oak Brook
Adrian McDermott has joined Ware Malcomb as director, design in the firm’s Oak Brook, IL office. He will assist in the growth and evolution of Ware Malcomb’s national design platform, specifically within… Read more
Flexibility Will Be Key in Post-Labor Day Office Environment, Says DePaul Study
The look of the post-Labor Day work environment in Chicago remains in flux. However, a survey that formed the baseline for the 2021… Read more
Equity Commonwealth Scraps Monmouth Merger as Shareholder Approval Falls Short
Equity Commonwealth (EQC) and Monmouth Real Estate Investment Corporation said Tuesday that the planned merger between the two companies was off. Although EQC shareholders… Read more
PCCP Provides Mezz Debt on Sterling Bay Spec Project
PCCP, LLC provided a $30-million mezzanine construction loan to Sterling Bay for the speculative development of 345 North Morgan, a 196,608-square-foot,… Read more
Essex Realty’s Multack Lists Two Logan Square Properties
Essex Realty Group director Jordan Multack is marketing two multifamily properties in the North Side’s Logan Square neighborhood. The nine-unit 1701 N. Kedzie Ave. is listed for $3,450,000, while 1846… Read more
Brennan Acquires ITS ConGlobal Container Yard
Brennan Investment Group has acquired more than 50 acres located along the I-55 Expressway, west of Cicero Avenue and east of… Read more
Premier Design + Build Names General Counsel
Alec Miller has joined Buffalo Grove, IL-based Premier Design + Build Group as general counsel. In his new role, Miller will oversee risk management and all… Read more
Kirkland & Ellis Confirms Move to Hines’ Wolf Point Development
Law firm Kirkland & Ellis confirmed Monday that it will move its 1,700-employee Chicago office to Salesforce Tower within Hines’ Wolf Point… Read more
ALDI-Anchored Retail Center Trades for $25M in Nashville
JLL has arranged the $24.8 million sale of Mallory Corners, a fully-leased, 70,000-square-foot shopping center anchored by ALDI in Nashville’s… Read more
J.C. Anderson Completes Spec Suites at CBOT Building
J.C. Anderson completed a 32,576-square-foot spec suite build-out for Glenstar at the Chicago Board of Trade (CBOT) Building. Construction included renovating seven spec suites on the property’s 13th… Read more
Hyde Park Sale is Neighborhood’s Largest in a Decade
Interra Realty brokered the $23.45-million sale of The Cloisters, a 13-story, 86-unit rental community at 5801 S. Dorchester Ave. in the South… Read more
Chicago Files Suit Against Grubhub and DoorDash, Seeks Restitution for Restaurants and Consumers
Alleging deceptive and unfair business practices, the City of Chicago has filed two lawsuits against meal delivery giants Grubhub and DoorDash. Reportedly they’re the… Read more
Colliers’ Chris Irwin Tees Up Lease for Game of Irons
Colliers Chicago’s Chris Irwin represented Game of Irons in its 18,361-square-foot lease in Oak Brook Promenade. Featuring 16 bays, with… Read more
NEMA Chicago Rental Tower Secures $345M Refi
Crescent Heights has secured a refinancing on its NEMA Chicago luxury rental tower in the South Loop. Financial terms weren’t… Read more
NAR Unveils Reimagined Michigan Avenue Headquarters
The National Association of Realtors recently welcomed Chicago Mayor Lori Lightfoot and Ald. Brendan Reilly as the association publicly unveiled… Read more
KeyBank Real Estate Capital Appoints Senior Banker
KeyBank Real Estate Capital has appointed Thomas Reynolds as SVP and senior banker, based in Chicago. He is responsible for new business development and relationship management as part… Read more
Maverick’s Cohen Arranges 30-Year Loan for Ukrainian Village Apartments
Matthew S. Cohen of Maverick Commercial Mortgage closed a 30-year fixed-rate loan for a non-owner occupied three-unit multifamily property located at 944… Read more