Illinois
Private Investor Snaps Up New Construction in Wicker Park, Ravenswood
Interra Realty brokered a pair of multifamily transactions totaling $9.1 million in Chicago’s Wicker Park and Ravenswood neighborhoods. The recently constructed properties, both… Read more
Dayton Street Partners Adds Analyst as Business Continues Growth
Silas Holl-Epstein has joined Chicago-based Dayton Street Partners (DSP) as an analyst. Holl-Epstein will support DSP’s acquisition and development teams. Before… Read more
Kinzie Builders Stays Busy with Luxury Suburban Rentals
Kinzie Builders completed construction of Avere on Duane, a $15-million, 48-unit luxury rental building by REVA Development Partners in the Chicago suburb of Glen… Read more
Tech Hub 1871 Extends Tenure at Vornado’s theMART
1871 has signed a new lease agreement at Vornado Realty Trust’s theMART, which will extend the technology hub’s tenure at… Read more
LMC Launches Preleasing at Bucktown Luxury Apartments
LMC, a wholly owned subsidiary of Lennar Corporation, has launched preleasing at Triangle Square Apartments, a luxury mixed-use apartment community in the North… Read more
University of Illinois System Will Require Students to be Vaccinated
The University of Illinois System, including the Chicago campus on the city’s Near West Side, will require that all students… Read more
Inland Bank Forms Partnership with Chatham Financial
Inland Bank and Trust recently partnered with global advisory and technology firm Chatham Financial. Chatham reportedly is the largest independent… Read more
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