Illinois
UBS Puts River North Apartments on the Block After 15-Year Hold
UBS Realty Investors has hired CBRE to sell the Bernardin, a 171-unit apartment tower in River North, Crain’s Chicago Business reported. The… Read more
Source Expands Resource Centers to Six U.S. Cities
Commercial construction startup Source announced the expansion of its resource centers to six major U.S cities. The resource centers will… Read more
33 Realty Lists Chicago Lawn Development Site
7400 S. Rockwell LLC has retained 33 Realty’s Sean Connelly and Chet Kondas to market 7400 S. Talman Ave., an improved 18-acre residential… Read more
Q1 Big-Box Warehouse Demand Sets Chicagoland Record
Demand for the Chicago region’s biggest and most modern industrial buildings set a new record during the first quarter of… Read more
Q&A: Making Climate Action a Design Priority with SOM’s Chris Cooper
The global design firm Skidmore, Owings & Merrill has long pioneered in the field of sustainable architecture, with projects spanning… Read more
Chicago Moves into Full Reopening as COVID Restrictions Lifted
Chicago has moved to Phase 5 of Illinois’ phased reopening plan, the Lightfoot administration said Friday. “Due to the incredible progress… Read more
Live Panel Discussion Will Focus on Downtown Revitalization
Chicago Returns, a coalition whose members include some of the city’s leading real estate firms, will stage a panel discussion… Read more
Cawley Markets High-Profile Loft Properties in Bucktown, Lincoln Park
Two loft-style office buildings are ready to hit the market in Chicago’s Bucktown and Lincoln Park neighborhoods via Cawley Chicago. Known… Read more
South Shore Portfolio Trades to Two Separate Buyers
Interra Realty brokered the $4.94-million sale of a trio of multifamily buildings in Chicago’s South Shore neighborhood.The properties, which were purchased by… Read more
McShane Completes Expansion for Waukegan College Prep
McShane recently completed Phase II of construction at Cristo Rey St. Martin College Prep in Waukegan, IL. The McShane team… Read more
Lightfoot Administration Issues Roadmap for Downtown Revitalization
Mayor Lori Lightfoot and city leadership on Thursday announced the Central City Recovery Roadmap, a guide to the revitalization of Chicago’s… Read more
Pathway to Living Teams with Welltower on Seniors Portfolio
Pathway to Living, the seniors housing platform of Waterton, has partnered with Welltower to manage and modernize a 22-property seniors housing portfolio across Illinois and Ohio.… Read more
Prairie Shores Complex Breaks Ground on Residents Clubhouse
Prairie Shores Owners has broken ground on a new, standalone clubhouse for residents of the Prairie Shores apartments on South Martin Luther King… Read more
Dwight Capital Closes HUD Refi on South Elgin Apartments
Dwight Capital closed a $47.36-million HUD 223(f) refinance for Springs at South Elgin, a 300-unit townhome-style apartment community located in South Elgin, IL. Originated… Read more
Former Leo Burnett Office Tower Could Fetch Nearly $440M
In a listing that could generate one of the largest investment sales in Chicago since the onset of the COVID-19… Read more
CTA Unveils Design for Rebuilt State/Lake Elevated Station
The Chicago Transit Authority and Chicago Department of Transportation on Wednesday unveiled the preliminary design concepts for a rebuilt State/Lake… Read more
ACRE Closes $52M Refi of CEDARst Apartments
Asia Capital Real Estate (ACRE) closed on a $51.5-million loan to support the refinancing and redevelopment of The Duncan, a multi-building… Read more
ML Realty Adds Asset Manager with Focus on Chicagoland, DFW
Caroline Kruse has joined ML Realty Partners as asset manager. Kruse will focus on Chicagoland and Dallas-Fort Worth portfolio management… Read more
Meridian Design Build Wraps Work on Joliet BTS
Meridian Design Build recently completed construction on a build-to-suit for XTRA Lease on a 15-acre site within Ketone Business Center… Read more