Illinois
Becovic, Next Realty JV on Milwaukee Apartment Portfolio
A joint venture partnership between Becovic and Next Realty, two Chicago-area real estate investment and management firms, has acquired a 14-building, 232-unit multifamily… Read more
Chicago Launches Equitable TOD Pilot Program
The Lightfoot administration on Friday announced the launch of a new Equitable Transit-Oriented Development (ETOD) Pilot Program to support community-driven… Read more
Revised Plans Swap Condos for Rentals at 1000M
The Chicago Plan Commission approved revised plans for 1000M, a 73-story residential project designed by the late Helmut Jahn. The… Read more
Newly Launched Stotan Industrial Will Focus on Acquisition and Development
Chicago real estate executive Jim McGill, SIOR, has launched his newest venture, Stotan Industrial, a private investment firm specializing in the acquisition… Read more
Oxford Capital Group Promotes Three Team Members
Oxford Capital Group, headquartered in Chicago, had promoted three team members. They include Kristina Cummings as SVP-accounting & treasury, Sam Sider as VP-asset management &… Read more
What If Syndicate Says What Is to Texas Tower
Chicago-based restaurant group, What If Syndicate, recently signed leases for more than 8,000 square feet of retail at Texas Tower,… Read more
SVN | Chicago Closes Sale of Elk Grove Industrial
A 51,700-square-foot industrial building sold for $3,043,000 at 1425-1455 Tonne Rd. in Elk Grove Village, IL. John Joyce, CCIM and… Read more
JPMorgan Chase Commits $150M to Chicago’s South, West Sides
JPMorgan Chase on Thursday announced a new $150-million, five-year commitment in philanthropic capital and low-cost loans to Chicago’s South and… Read more
Bay Area Tech Tenant Nears Deal for Fulton Market Sublease
Farmers Business Network is finalizing a deal to sublease more than 40,000 square feet from marketing firm Mosaic in a… Read more
Chicago Bears Mull Soldier Field Exit with Arlington Raceway Bid
The Chicago Bears have put in a bid to acquire Arlington International Raceway, the NFL franchise confirmed Thursday. The move… Read more
Boulder Group Closes Deal for First Midwest Bank Portfolio
The Boulder Group completed the sale of nine single-tenant First Midwest Bank properties located throughout Illinois for approximately $46,600,000. Buyer… Read more
Apartment Rents Reach New High in Chicago Suburbs
The median net apartment rent for Chicago’s suburbs jumped to $1.60 per square foot in the first quarter, an all-time… Read more
EQ’s U.S. Bank Center Redevelopment to Provide New Energy
EQ Office unveiled the redevelopment of U.S. Bank Center (USBC) in what promises to be one of the largest and… Read more
NewMark Merrill Makes Fourth Chicago-Area Retail Buy
Woodland Hills, CA-based NewMark Merrill Companies purchased Bricktown Square, a 292,309-square-foot retail center on Chicago’s Northwest Side, from Bonnie Investment Group for an… Read more
JLL Closes Deal for Barrington Apartments
JLL Capital Markets closed the $20.75-million sale of 101 West, a trophy apartment community located in Barrington, IL. The firm worked on behalf… Read more
100% Affordable, Net-Zero Tower Coming to the Loop
A group led by The Community Builders has been named winner of the City of Chicago’s C40 Reinventing Cities competition.… Read more
Essex Lists Sonder-Leased Hospitality Property
Essex Realty Group principals Jim Darrow and Jordan Gottlieb have listed The Plymouth, 417 S. Dearborn St., a turn-of-the-century property in the… Read more
Multifamily Veteran Martinez Joins Keller Williams ONEChicago
Frank Martinez has joined Keller Williams ONEChicago as director of multifamily investments. Martinez is a longtime real estate practitioner, volunteer,… Read more
Crest Hill Apartments Trade to Private Buyer
Marcus & Millichap closed the sale of 1400, 1412, 1424, 1436 & 1500 Pioneer Rd., a 65-unit apartment property located… Read more