Illinois
Berkadia Arranges Sale of Davenport, IA Apartment Portfolio
Berkadia arranged the sale of Candlelight Park, a portfolio of four multifamily properties in Davenport, IA, to Colorado-based Monarch Investment… Read more
Lightfoot Proposes Congestion Tax on Ride-Hailing
The Lightfoot administration is proposing what reportedly would be the nation’s highest ride-hailing fees, with the Ground Transportation Tax rising… Read more
NAI Hiffman Arranges SLB for Algonquin-Based Manufacturer
NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations Inc., a global manufacturer and distributor of consumable dental… Read more
Wright Heerema Adds Business Development Director
Chicago-based Wright Heerema Architects, appointed Luke Heerema as the new director of business development. He’s charged with leading the firm’s… Read more
Chicago Investor Exits 10-Year Hold on Wisconsin Retail
Quantum Real Estate Advisors brokered the sale of a multi-tenant shopping center in Pleasant Prairie, WI for an undisclosed sum.… Read more
Related Midwest Team Opens Lathrop Homes Redevelopment
Related Midwest, along with partners Heartland Housing, Bickerdike Redevelopment Corporation and the Chicago Housing Authority (CHA), recently hosted a grand opening celebration… Read more
Sealy Adds Overstock.com Warehouse in KC
Sealy & Company acquired a 513,751-square-foot distribution center leased to Overstock.com in Kansas City, KS. The off-market acquisition from BH… Read more
Aries Capital Moves HQ, Promotes 2, Adds 1
Aries Capital has relocated its Chicago headquarters to 401 W. Ontario in River North, opened a Miami office and made… Read more
Chicago’s Massive Influx of Spec Industrial Poised for Quick Absorption
Buoyed by the continued growth of e-commerce, Chicago-area industrial developers added nine million square feet of supply in the third… Read more
City Council Okays Funding for Veterans Housing in Englewood
A 36-unit affordable housing development for veterans will be built in the South Side’s Englewood neighborhood through financial measures approved… Read more
Bridge Development Hires Hampshire’s LoBello as Ops Director
Bridge Development Partners hired Karen LoBello as director of operations. Working out of Bridge’s New Jersey office, LoBello will oversee the property management… Read more
Darwin Completes Elgin Sale and Leases
Darwin Realty recently completed a sale and two lease transactions in Elgin, IL, totaling over 218,000 square feet. Brokered by principal… Read more
JLL Income Property Trust Launches 1031 Offering
JLL Income Property Trust launched a 1031 tax-deferred exchange program designed to provide accredited investors with the opportunity to defer… Read more
AIA’s Cassin Expects Strong Demand for West Loop Rental Property
Apartment Investment Advisers (AIA) recently brought an 18-unit apartment offering to market in the West Loop. An asking price wasn’t available… Read more
Beacon Capital Under Contract for Tishman Speyer Tower
Beacon Capital Partners is under contract to pay around $230 million for the 40-story office tower at 190 S. LaSalle… Read more
Broadshore Times Exit from Naperville Apartment Hold
A joint venture of Broadshore Capital Partners and an investment client sold the 210-unit Fairways of Naperville apartment community in… Read more
City Council Enacts Chicago’s First Cannabis Zoning
Chicago’s City Council on Wednesday approved an ordinance that establishes the city’s first zoning regulations for the sale of adult-use… Read more
Interra Brokers Off-Market Deal in South Shore
Interra Realty brokered the off-market sale of 6901 S. Paxton Ave., a three-story, 50-unit building in the Jackson Park Highlands… Read more
Pebb Trades Student Housing Near U. of Kansas
Pebb Capital completed the sale of The Rockland in Lawrence, KS, near the University of Kansas, to NB Private Capital… Read more