Illinois
Waterton-Kor JV Begins Delivering Units at Historic Sherman Oaks MF
Chase Knolls, a 14-acre apartment community on four city blocks in Sherman Oaks, entered a new era with the debut… Read more
Englewood Completes Goose Island Cannabis Dispensary
Englewood Construction was recently awarded two cannabis dispensaries in the Chicago area for Chicago-based Windy City Cannabis. One of these opened… Read more
Chicago CBD Office Leasing Stays in Positive Territory
Pandemic or no pandemic, office leasing in Chicago’s CBD stayed in positive territory during the second quarter, CBRE reported. That… Read more
Lake Point Tower’s “Crown Jewel” Restaurant Up for Sale
Cité Chicago, the circular fine dining restaurant at the top of Lake Point Tower, is on the market for the first… Read more
Kiser Group Elevates Sklar to Partner
Kiser Group has named Aaron Sklar, who specializes in South Side multifamily sales, has been named partner. Sklar is the second… Read more
LLC Nabs Berwyn Apartments
Marcus & Millichap arranged the sale of Green Garden Apartments, a 24-unit apartment property located in Berwyn, IL. The property sold for $1,900,000,… Read more
SRS Brokers $10M Sale of Tuscaloosa Retail Property
SRS Real Estate Partners’ National Net Lease Group has brokered the $10.2 million sale of a single-tenant, 41,921-square-foot retail property… Read more
Buildout’s New Investing Partner Fuels Further Growth Plans
Brokerage software company Buildout has announced today that they secured a new investing partner in The Riverside Company. This new… Read more
Pacific Oak Acquires 196 SFRs in Chicago Metro
Pacific Oak Residential Trust, Inc., a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, said it had acquired a portfolio… Read more
Marshall Bennett Institute Adds Six New Instructors
The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) announced today it has expanded course offerings and added six new instructors –… Read more
Q&A with Project Management Advisors’ Roger McCarron on the Evolving Role of the Commercial Real Estate Project Manager
The complexity of the commercial development process was already increasing even before 2020 complicated nearly every aspect of a real… Read more
Manulife Names RE Asset Management Director for Midwest
Christine Choi Moore has been named appointed Manulife Investment Management’s director, real estate asset management for the Midwest. The appoint is effective immediately. Moore has… Read more
Calatrava Sculpture Coming to River Point Park
River Point partners Ivanhoé Cambridge, Hines and Levy Family Partners announced the installation of Constellation, the Calatrava sculpture for River Point… Read more
Georgia Nut Cracks Open 123K-SF Renewal
Colliers International | Chicago’s Chris Volkert represented Georgia Nut Company, manufacturers of nuts and candy since 1945, in its 123,000-square-foot renewal… Read more
Berkadia Arranges Sale and Financing on Laredo Multifamily
Berkadia arranged the sale and financing of Lago del Mar Apartments, a 260-unit garden-style apartment community in Laredo. Senior managing director… Read more
Interra Brokers Deal for New-Build River North Rentals
Interra Realty brokered the $9.58-million sale of 943 N. Crosby St., a 27-unit rental community in River North. The price per… Read more
Chicago Multifamily Lending Holds Surprisingly Steady
Chicago multifamily lenders have seen fewer significant changes to lending conditions than might be expected during the COVID-19 pandemic and… Read more
CBRE Advises on Sale of Hoffman Estates Marriott
CBRE Hotels acted as advisor for the seller on the recent sale of the Marriott Chicago Northwest located in Hoffman… Read more
Potbelly Brings in QSR Veteran Wright as CEO
Potbelly Corporation, headquartered in Chicago, named Robert D. Wright as president and CEO, succeeding Alan Johnson. A 30-year veteran of the… Read more