Illinois
INVEST South/West Expands with Four More RFPs
Chicago’s Department of Planning and Development (DPD) on Monday issued requests for proposals for four new neighborhoods in the city’s… Read more
Deadline for Thompson Center Sale Moved Back to 2022
The state of Illinois’ plan to find a buyer for the James R. Thompson Center in the Loop by year’s… Read more
AIA Brokers Multiple Sales on North, West Sides
Apartment Investment Advisers (AIA) recently sold multiple apartment buildings on Chicago’s North and West Sides, including two properties in Logan… Read more
Ziegler Lines Up Financing for Retirement Community’s Expansion
Ziegler, a Chicago-based boutique investment bank, arranged $77,065,000 of Series 2020 Bonds for Presbyterian Village North (PVN), operator of a… Read more
Bronzeville’s Investment Sales Streak Continues
Interra Realty recently brokered the $1.07-million sale of 4040 S. Prairie Ave., an eight-unit apartment building in Bronzeville on Chicago’s South Side.… Read more
Schaumburg CVS Sells to DST Buyer
JLL Capital Markets recently closed the $5.1-million sale of a 13,180-square-foot, single-tenant retail building ground leased to CVS Pharmacy in Schaumburg,… Read more
Interra Brokers Deal in Kinzie Corridor
Interra Realty brokered the $2.58-million sale of 424 N. Wood St., a 20,523-square-foot industrial/flex building in Chicago’s Kinzie Industrial Corridor. Director Colin… Read more
Newcastle Secures Construction Debt on Gold Coast Mixed-Use
Newcastle Limited secured $41.3 million in construction financing to support development of its mixed-use project at 1210 N. State Parkway in… Read more
Wrigley Field Designated National Historic Landmark
Wrigley Field, longtime home of the Chicago Cubs, has been designated a National Historic Landmark by Interior Secretary David L.… Read more
Karis Cold Recapitalizes with New Partner
Karis Cold Storage, a Schaumburg, IL-based cold storage investment and development platform, closed on a recapitalization of the company to add… Read more
Albany Park Condos Trade in Deconversion Deal
Kiser Group advised the 5027-29 N. Harding Condominium Association through a Section 15 deconversion sale. Located at 5027-29 N. Harding,… Read more
Lightfoot Plans $3.7B of Infrastructure Spending
Mayor Lori Lightfoot laid out a five-year capital plan to create $3.7 billion worth of infrastructure projects citywide. The city… Read more
Baum Realty Completes 20 Retail Leases
Baum Realty Group wrapped up the third quarter with 20 closed retail transactions across the Chicago area. On the tenant side, Baum represented: … Read more
Clayco’s Lori Healey Will Lead Obama Center Construction
Lori Healey, former CEO of the Metropolitan Pier & Exposition Authority, will join the Obama Foundation to lead the construction… Read more
Pritzker Imposes Statewide Restrictions as COVID Spreads “Quickly”
Gov. JB Pritzker and the Illinois Department of Public Health said Tuesday that additional COVID-19 resurgence mitigations will take effect… Read more
Habitat’s Ogden Commons Hosts INVEST South/West Anniversary
The Habitat Company was honored to host Chicago Mayor Lori Lightfoot and city officials recently at Ogden Commons to mark the one-year anniversary… Read more
Raymond Zanca Joins Black Bear Capital in Chicago
Black Bear Capital Partners (BBCP) has expanded its Chicago office, adding veteran real estate finance advisor Raymond Zanca as a senior managing director. Sam Koziol also joins… Read more
Mobile Doorman Rolls Out Intelligence Platform
Mobile Doorman, a Chicago-based leading resident engagement and data analytics platform, on Monday introduced Resident Insights. The real-time business intelligence platform… Read more
Developer Plans Rehab of Seniors Housing at North Park Village
The rehabilitation of 180 affordable senior housing at North Park Village Apartments would be made possible by the approval of… Read more