Illinois
Goldman Sachs Pauses Financing on 1000M Supertall
Construction lender Goldman Sachs has put the 74-story 1000M residential condominium project along South Michigan Avenue on hold until it… Read more
Workforce Housing Project Secures $19M Financing
Parkview Financial provided a nearly $19-million construction loan to Schiller Park, IL-based MB Bloomingdale Trails, LLC. The loan will finance the development… Read more
Common Opens Flagship Property on West Side
Coliving brand Common has opened its new flagship Chicago property Common Addams, in partnership with locally based City Pads. Located… Read more
Proper Title Promotes Kwak to EVP of Operations
Proper Title, LLC, the Palatine, IL-based title insurance agency, promoted Kathy Kwak to EVP of operations and counsel. Kwak will… Read more
Distributor Consolidates with Bensenville Lease
Colliers International | Chicago’s John D’Orazio represented H. Betti Industries, Inc. (HBI) in its new 41,168-square-foot lease at Prologis’ 350 N. York… Read more
Kiser Group Sees Stable Demand for South Side Multifamily
Kiser Group’s Noah Birk and Aaron Sklar brokered 472 units and 18 multifamily properties throughout Chicago’s South Side neighborhoods in… Read more
Chicago Mandates Quarantine on Travel from States with COVID Surges
The Lightfoot administration imposed a 14-day quarantine requirement for travelers entering Chicago from states experiencing a surge in new COVID-19… Read more
Investment Group Closes on South Elgin Industrial
Entre Commercial Realty recently represented the undisclosed buyer of a 23,108-square-foot, single-tenant industrial property at 320-350 Industrial Dr. in South… Read more
Vintage Elevator Bldgs. Come to Market in Lincoln Park
Essex Realty Group is marketing for sale 640 and 656 W. Wrightwood Ave., a pair of vintage elevator buildings in… Read more
Sears Explores Sale of Home Improvement Business
Sears’ parent company has hired Guggenheim Securities to explore a sale of its home improvement business following interest from potential… Read more
Wells St. Market First Downtown Food Hall to Reopen
Wells St. Market will reopen Monday, making it the first Chicago food hall to do so during the COVID-19 pandemic,… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Longtime Chicago Tenant Moves to Suburban Hodgkins
The property services division of Kennedy Wilson completed an 81,600-square-foot lease on behalf of Continental Paper Grading Company (CPG), relocating… Read more
McHugh Construction Wraps Two-Year Expansion at East Bank Club
After more than three months away, East Bank Club members are returning to new and improved space. Shortly before Illinois’… Read more
Northwestern Medicine Gets Green Light for $100M Expansion
The Illinois Health Facilities and Services Review Board has approved plans by Northwestern Medicine to spend more than $100 million… Read more
Bellwether Closes $294M in Manufactured Housing Loans
Bellwether Enterprise Real Estate Capital closed five transactions totaling $294,239,000 in Fannie Mae loans for manufactured housing communities across the… Read more
Digital Twin Provider Cityzenith Launches Fundraising Round
Chicago-based digital twin provider Cityzenith recently launched its $20-million Regulation A+ crowdfunding round on StartEngine. The company has raised more… Read more
Finalists Named for Opportunity Fund Grants
Chicago’s Department of Planning and Development announced 32 project finalists for $5.4 million in Neighborhood Opportunity Fund grants. Nearly 90%… Read more
Comcast Will Bring Advanced Infrastructure to Schaumburg MXU
Comcast will bring its advanced network infrastructure to Veridian, a 225-acre mixed-use development at the former Motorola campus in Schaumburg, IL. Comcast will offer… Read more