Illinois
Wolf Point East Team Tops Out Construction
The development team of Hines, the Kennedy family’s Wolf Point Owners LLC, and the AFL-CIO Building Investment Trust has topped… Read more
Political Risks Cloud Horizon for Chicago Multifamily Sales
The multifamily investment sales market in Chicago has a great deal going for it, ranging from surging renter demand to… Read more
Evansville Apartments Land Fannie Mae Refi via Hunt
Hunt Real Estate Capital provided a Fannie Mae loan of $15.75 million to refinance Sugar Mill Creek Townhomes, a garden/townhouse-style apartment community in… Read more
Lightfoot: Chicago Has “Hard Choices to Make”
In her first State of the City address, Mayor Lori Lightfoot didn’t delve into specifics on how her administration intends… Read more
PayLink Consolidates Space in Move to Fifth Third Center
PayLink Direct is consolidating its offices in a 12,808-square-foot, long-term lease at 222 South Riverside Plaza. The new space will… Read more
Briar Meads Launches Renovations, Leasing at Lisle Offices
Briar Meads Capital has kicked off major renovations and leasing activity at its recently-acquired Westwood office property in Lisle, IL.… Read more
CushWake Bolsters Industrial Team with Key Promotions
Cushman & Wakefield made two promotions within its logistics & industrial platform in the Americas. Jason Tolliver was named to the newly-created role… Read more
Lee & Associates’ Brian Pohl: Chicago Apartment Demand Reaches All-Time High
By Paul Bubny For the Chicago region’s multifamily sector, the current environment marks both a high watermark for development and… Read more
Naperville’s Maple Court Apartments Fetch $5M
Marcus & Millichap finalized the sale of Maple Court Apartments, a 48-unit property in Naperville, IL. The property sold for $4.6 million to… Read more
Mohr Capital Grows Retail Portfolio with Ohio Deal
Dallas-based Mohr Capital acquired the ground lease on a Texas Roadhouse Restaurants property in Steubenville, OH, approximately 40 miles west… Read more
SNF in Aurora Gets $13M in Bridge Financing
Walker & Dunlop provided $12,800,000 in bridge financing for The Grove Fox Valley, a 156-bed skilled nursing facility in Aurora, IL. The debt was… Read more
Cawley Lists Centrally Located Parcels in 24th/Michigan TIF
Cawley Chicago has been hired to sell two adjacent development site in the South Loop. Located at 2240 and 2302-32… Read more
R2/Walton St. JV Cashes Out on West Loop Portfolio
A venture of locally-based Heitman paid about $65 million last week for a trio of vintage loft office properties in… Read more
State Moves Ahead on Thompson Center Sale with RFP
The state’s Department of Central Management Services said Tuesday that it would issue a request for proposals this week for… Read more
Sears Hometown Sells Outlet Business for $133M
Sears Hometown and Outlet Stores, which spun off from Sears Holdings prior to the parent company’s bankruptcy, is selling its… Read more
AIA Closes Two Deals for Seller’s Rogers Park Apartments
Apartment Investment Advisers (AIA) recently closed the sale of two apartment buildings in the North Side’s Rogers Park neighborhood. The 19-unit… Read more
Chicago Risks Lagging Other Cities for Job Growth
Chicago could lag other major cities in employment growth and risk substantial job displacement over the next decade if it… Read more
Waterton Completes “Top-to-Bottom” Renovation at River North Rentals
Waterton completed the $15-million renovation of River North Park, a 400-unit, 24-story apartment tower in the River North neighborhood. Waterton is… Read more
Master Lease for MI, IL Furniture Stores Asks $57M
Online net lease brokerage platform B+E has listed five Art Van Furniture properties under a master lease for $56,550,000. Four… Read more