Illinois
Proper Title Hires Industry Veteran Bales Out of Retirement
Proper Title, LLC has hired Richard (Dick) Bales as senior underwriting consultant and counsel. A longtime authority on title insurance, Bales will provide… Read more
U.S. Industrial Demand Holds Up Through Pandemic
Despite market uncertainty around the global pandemic, industrial demand remains strong, Cushman & Wakefield reports. U.S. vacancy ticked up by… Read more
Chicago Fed Reports Uptick in Business Activity
The Chicago Federal Reserve’s Survey of Business Conditions (CFSBC) Activity Index increased to +3 in June from –32 in May,… Read more
Chicago Marathon Won’t Be Run This Year
The Chicago Marathon, scheduled for Oct. 11, has been canceled for only the second time in the annual event’s 43-year… Read more
Clune Construction Promotes 5 to VP in Chicago
Clune Construction has promoted five team members in its Chicago office to VP. Among them, they have 114 years’ construction experience.… Read more
Q&A with Evergreen’s Steve Rappin on Managing a Multifamily Portfolio in a Pandemic
By Paul Bubny For Chicago-based Evergreen Real Estate Group, the onset of the COVID-19 pandemic meant rapid adjustment to an… Read more
Shutdown Hits Some Chicago CRE Sectors Harder Than Others
A regional roll call of Chicago’s commercial real estate sectors finds all feeling the impact of the economic shutdown amid… Read more
JVM Makes First St. Louis Acquisition
JVM Realty Corp. recently acquired Ceylon Apartments, a boutique, luxury multifamily property in the St. Louis suburb of Clayton, MO, for… Read more
W&D Arranges Financing on Senior Care Facilities in IL, KY
Walker & Dunlop recently structured $10,744,000 in financing for Landmark of Laurel Creek, a 106-bed skilled nursing facility in Manchester, KY, and $14,645,900 in financing for The Vistas… Read more
McShane Launches Retirement Community Build in Algonquin
McShane Construction Company has launched the construction of a new senior living development, known as The Oaks at Algonquin. The… Read more
J.C. Anderson Completes Loop Build for OppLoans
J.C. Anderson completed a 23,000-square-foot office renovation project for OppLoans at 130 E. Randolph St. in the Loop. The new… Read more
Offices Leased to State Agency Trade on Southwest Side
Marcus & Millichap arranged the sale of a single-tenant office building on Chicago’s Southwest Side leased to the Illinois Department… Read more
Hilco Sets Auction Date for Hoffman Estates Offices
Hilco Real Estate, LLC, in partnership with L&B All Star Auctions, has set July 23 as the sealed-bid offer deadline for Poplar… Read more
NorthShore, Northwest Community Healthcare Systems Will Merge
NorthShore University Health System and Northwest Community Healthcare said Wednesday they had agreed to merge. Deal terms weren’t disclosed; the… Read more
United Airlines May Furlough One-Third of Workforce
United Airlines warned employees Wednesday it could furlough as much as 36,000 workers, or more than a third of its… Read more
Essex Realty Adds to South Side Team with New Hire
Essex Realty Group has expanded its South Side Chicago team with the addition of a new associate, Erica Trejo. Since November 2019, Trejo… Read more
Andrew McDonald Steps into Americas Chief Executive Role at Cushman & Wakefield
Cushman & Wakefield tapped Andrew McDonald to take over the helm of the Americas for the global commercial real estate… Read more
Cambridge Realty Provides $4M HUD Loan for Longview Nursing Care
Cambridge Realty Capital Companies has provided a $3,907,100 HUD Lean loan to refinance Summer Meadows, a 115-bed skilled nursing care… Read more
Blue Cross & Blue Shield IL Parent Takes 100K SF in Pilsen
Health Care Service Corp. (HCSC), the parent company of Blue Cross & Blue Shield of Illinois, signed a 103,533-square-foot lease… Read more