Illinois
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
Value-Add Comes to Market Between Gold Coast, River North
Kiser Group and Zacuto Group have brought 56 E. Chicago Ave. to market. The six-story mixed-use value-add is being marketed… Read more
Lincoln Yards’ First Public Park Has Winter Hours
Sterling Bay’s Fleet Fields, the company’s first public park space at its Lincoln Yards mega-project, will remain open to the… Read more
JVM Acquires Luxury Apts. in Downers Grove
JVM Realty Corp. acquired Maple & Main, a 115-unit luxury apartment community in Downers Grove, IL. Deal terms weren’t disclosed. The… Read more
Ryan Companies Plans Entry into Fulton Market
Add Ryan Companies to the roster of developers with major projects in the Fulton Market District. A partnership of Ryan… Read more
JLL Lines Up $320M Recap for Midwest Industrial Portfolio
JLL arranged a $319.6-million recapitalization and $210-million financing for a 33-building, Class A, logistics portfolio totaling 4.1 million square feet in… Read more
Chicago’s First C-PACE Funding Goes to Hotel Redevelopment
Counterpointe Sustainable Real Estate (SRE) closed on what’s reportedly Chicago’s C-PACE program financing. It provided $21.25 million in private capital to an… Read more
Cresa Chicago Adds Business Manager
Robin Wermuth has joined Cresa’s Chicago office as business manager. She’ll oversee day-to-day business operations for the Chicago area, handling all… Read more
Bridge Development, PGIM RE JV on Cold Storage
Bridge Development Partners LLC and PGIM Real Estate launched a $150-million national cold storage investment program, targeting $400 million in assets. The… Read more
Greenstone Closes on Sale of Armitage Ave. Mixed-Use
Greenstone Partners closed on the sale of 907 W. Armitage Ave., a 4,800 square foot mixed-use building in Lincoln Park,… Read more
US Foods Inks Chicago Suburbs’ Biggest Office Lease Since ‘17
US Foods renewed its 275,000-square-foot lease at Riverway in Rosemont, IL, where it has been a tenant since 2005. It’s… Read more
Cinergy Entertainment Taps JLL for Expansion Assistance
Cinergy Entertainment Group Inc. is expanding from its Texas and Oklahoma locations, with plans for a stronger national presence. The… Read more
Investors Warm Up to Cold Storage Deals
As online grocery sales continue to proliferate, investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing… Read more
Chicago Leads Nation in MOB Absorption, Deliveries
Chicago leads the nation for net absorption and deliveries of medical office product through the second quarter, CBRE says in a… Read more
Concourse Chicago Complex Launches Spec Suites
Berger Asset Management and NAI Hiffman’s Steve Chrastka and Jason Wurtz recently launched a spec suites and shared office program… Read more
Six Finalists Emerge for $10M Prize to Boost Local Development
Six teams representing Chicago’s South and West Sides, were selected as finalists for the Chicago Prize, a $10-million grant being… Read more
Colliers’ Ron Behm Wins SIOR Chicago President’s Award
The Chicago chapter of SIOR recently honored Colliers International I Chicago’s Principal Ron Behm, SIOR, with the 2019 Richard G. Levy President’s… Read more
Experts Eye 2020 Trends in Chicago Multifamily
Yardi Matrix forecasts healthy absorption and solid rent growth in Chicago through 2020, and Midwest real estate experts assembled by… Read more
Walker & Dunlop Grows Capital Markets Team in Chicago
Walker & Dunlop expanded its debt brokerage team in the Midwest, adding managing directors Tim Noonan and Dave Hendrickson, and SVP Patrik Modig.… Read more