Illinois
Advocate Aurora, Beaumont Health Talk Potential Merger
Advocate Aurora Health, with 28 hospitals in Illinois and Wisconsin, and the eight-hospital Beaumont Health in Michigan have reportedly been… Read more
Investment Firm Pretium Hires Macro Research Head
Investment firm Pretium, with $14 billion of managed assets spanning real estate, residential and corporate credit, has hired Charlie Himmelberg as… Read more
Drive-In Movie Pop-Up Comes to Lincoln Yards
Add Sterling Bay and its Lincoln Yards mega-project to the roster of participants in the pop-up drive-in scene. With most… Read more
Cboe Reopens Chicago Trading Floor
Cboe Global Markets said Tuesday it had reopened its Cboe Options Exchange trading floor at 400 S. LaSalle St., a… Read more
Entre Completes Multi-Faceted Deal in Zion
Entre Commercial Realty completed a multi-faceted sale transaction of an 82,000-square-foot industrial and office building at 1700 Kiefer Dr. in Zion, IL.… Read more
Some Chicago City Markets Will Open in June and July
Some Chicago City Markets managed by the Department of Cultural Affairs and Special Events (DCASE) will open in June and… Read more
Interra Finalizes MF Sale Near University of Chicago
Interra Realty brokered the $2.27-million sale of 6126-28 S. Woodlawn Ave., a 35-unit apartment building near the University of Chicago Law… Read more
Konnect RE Launches Second Private RE Debt Fund
Following the success of its initial fund, KNCT Lending, Chicago-based Konnect Real Estate has launched its second privately held real… Read more
Darwin Realty Joins CORFAC Network
Elmhurst, IL-based Darwin Realty has joined CORFAC International as the newest U.S. affiliate of the global network. Darwin is the… Read more
Millennium Park Reopens; Lakefront Trail Will Follow Next Week
Chicago’s most-visited attraction, Millennium Park, began “cautiously reopening” on Monday, with safeguards and best practices from the Chicago Department of… Read more
Chicago’s Big-Box Industrial Saw Record Q1 Before Pandemic
Although what’s next for Chicago’s big-box industrial market is uncertain amid the economic fallout of the COVID-19 pandemic, it’s clear… Read more
Chicago Region’s Airports Get Boost from Freight Shipments
Even as coronavirus fears empty out passenger terminals and lead to curtailed airline service, rising freight shipments driven by double-digit… Read more
City Council to Vote on Ordinance Easing Path for Outdoor Dining
Chicago’s City Council is expected to vote Wednesday on an ordinance intended to remove regulatory burdens and provide financial relief… Read more
Brennan’s Greenwood to Lead Build-to-Suit Platform
Brennan Investment Group, headquartered in Rosemont, IL, said that co-founder Tod Greenwood would become executive director of build-to-suit development and lead… Read more
JK Equities Launches Build of West Loop Condos
A pandemic notwithstanding, construction has begun on JK Equities’ 1400 Monroe boutique condominium project in the West Loop. Lakeside Bank is the… Read more
Grubhub Valued at $7.3B in All-Stock Merger
Chicago-based Grubhub and Amsterdam-based Just Eat Takeaway.com will merge in an all-stock deal that values Grubhub at about $7.3 billion,… Read more
Associated Bank Provides $20M Construction Debt on Champaign Student Housing
Associated Bank completed a $19,927,696 construction loan to Green Street Realty and Jackson Dearborn Partners for a student housing project… Read more
Mosaic Begins Renovations on Far South Side MOB
Locally-based Mosaic Construction LLC has launched construction on a new medical office renovation project for TCA Health, a medical clinic serving… Read more
Starbucks’ Transformation Plan Includes Closing 400 Stores, Adding Pickup Options
Seattle-based Starbucks plans to accelerate the transformation of its store portfolio in the U.S. through the integration of the physical… Read more