Illinois
SRO Housing Changes Hands in Hyde Park
Kiser Group recently represented the buyer and seller of Park Beach Apartments, located at 5327 S. Cornell Ave. in the… Read more
W&D Structures $80M Financing for Rockwell Partners
Walker & Dunlop structured $80,110,000 in financing for Ellyn Crossing, a newly renovated garden-style multifamily community in Glendale Heights, IL. The financing assignment was… Read more
Spear Street Brings Equiem Platform to Loop Tower
San Francisco-based Spear Street Capital has tapped leading global property technology company Equiem to roll out its tenant engagement platform at 225… Read more
Pilsen Warehouse Trades to Excavation Firm
Cawley Chicago closed on the sale of 3228 S. Wood St., an 18,000-square-foot industrial facility in the West Side’s Pilsen… Read more
Hyatt Hotels Narrows Losses in Q3
Hyatt Hotels Corporation reported a third-quarter net loss of $161 million, or $1.59 per diluted share, compared to a $236-million… Read more
Essex Lists Ravenswood, Logan Square Properties Under Same Owner
Essex Realty Group has been engaged to market two value-add buildings, a 25-unit courtyard building in Ravenswood and an eight-unit mixed-use property… Read more
Citadel Center Lands Downtown Chicago’s Largest Refi of 2020
A venture of Angelo, Gordon & Co. and Hines Interests last month took out a $320-million mortgage on Citadel Center… Read more
Vornado’s Business “Adversely Affected” by COVID, But Q3 Numbers Improve
Vornado Realty Trust’s business has been “adversely affected” by the pandemic and measures to contain it, the office and retail… Read more
Colliers Arranges Sale of Walmart-Anchored Center in Hyde Park
Colliers International’s Alex Perez, Chris Garavaglia and Chris Irwin arranged the sale of a multi-tenant shopping center at 4720 S.… Read more
Affordable Townhomes Launch Sales in East Garfield Park
Structured Development launched sales for the first phase of Harrison Row Townhomes, a development that will eventually include up to 50 affordable townhomes… Read more
Investcorp, Brennan Secure $56M Acquisition Loan
Cushman & Wakefield recently represented Investcorp International Realty, Inc. and Brennan Investment Group in securing $55.8 million in acquisition financing… Read more
SitusAMC Acquires rSquared CRE Platform
SitusAMC Holdings Corp. said Tuesday it had acquired Chicago-based commercial real estate technology provider rSquared CRE, LLC. The acquisition adds… Read more
Harrison St., Sanders Sell $213M Healthcare Portfolio
Chicago-based Harrison Street sold a portfolio of nine medical office buildings and inpatient rehabilitation facilities valued at $213 million to Lincoln… Read more
Somerset Signs First Tenants at Bell Works Chicagoland
Somerset Development has signed its first office lease at Bell Works Chicagoland, the redevelopment of the 1.65-million-square-foot former AT&T headquarters… Read more
Cawley Team Reps Buyer in Lincoln Park Deal
The Cawley Chicago Capital Markets team, led by Brenten Blakeman, recently completed the sale of a 13-unit, multifamily property in the North… Read more
Cleveland-Area Warehouse Sells to Investcorp
JLL closed the sale of and secured acquisition financing for Victory Commerce Center, a Class A, fully leased, 434-000-square-foot distribution and… Read more
Belgravia Releases Final Condos at River North Boutique
Belgravia Group has released nine residences for immediate move-in at Renelle on the River, the developer’s 18-story, 50-unit luxury condominium building at 403… Read more
Renovated Apartments Trade in Kenwood
Interra Realty brokered the $4.55-million sale of 5001 S. Drexel Blvd., a 33-unit renovated apartment building in Kenwood. The per-unit price… Read more
Lee IL Closes Trio of Industrial Leases
Lee & Associates closed three industrial leases totaling 95,799 square feet in Chicago’s western suburbs. They included the following: • EVP… Read more