Illinois
Move-Ins Begin at CIM Group’s South Loop Tower
The first residents are moving in at CIM Group and Murphy Development Group’s 500-unit Paragon rental tower in the South… Read more
384-Unit Preserve at the Port Changes Hands
A local investor ended its nine-year hold on Preserve at the Port, a 384-unit apartment complex on San Antonio’s southwest… Read more
Berkadia Originates HUD Loans on Rock Island Apts.
Berkadia has provided $34.27 million in construction-to-permanent substantial rehabilitation financing for the Rock Island Portfolio, two properties in Rock Island,… Read more
Hyatt Puts Tierney at Helm of Hyatt Place Development
Hyatt Hotels Corporation has selected Jim Tierney to serve as SVP of development and owner relations for the Hyatt Place… Read more
Industry Leaders Focus on Chicago Region’s Challenges (VIDEO)
At the recent Connect Chicago conference, panelists touted the region’s many strengths but also were forthright in discussing its challenges.… Read more
Mid-America Brokers Gold Coast Sale to Newcastle
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of 1206-1212 N. State St. in Downtown’s Gold Coast neighborhood. The… Read more
Youth Development Park Opens in Dunning
The Cal Ripken, Sr. Foundation and Group1001 have partnered with the Chicago Park District (CPD) to unveil Read-Dunning, a multisport… Read more
State Senate Authorizes Chicago Casino
The Illinois Senate has approved a gambling expansion bill that will legalize sports betting across the state and authorize a… Read more
Transwestern Tapped for Trophy Buckhead Role in $800M, 3.1M-SF Sumitomo Assignment
Transwestern Commercial Services (TCS) has been selected to provide property management services at Atlanta Financial Center in Buckhead. The three-building,… Read more
American Street Arranges $30M for Brookline, MA MF
Chicago-based American Street Capital (ASC) arranged a $30.4 million loan for a 111-unit, high-rise multifamily property in Brookline, MA. Built… Read more
Brennan, Arch Street buy 1.3M-SF True Value IL Distribution Facility
A joint venture of Chicago-based Brennan Investment Group, LLC and a client of Arch Street Capital Advisors, LLC acquired a… Read more
Spec Warehouse Build Launches in Bedford Park
PREMIER Design + Build Group and Bridge Development Partners have launched a speculative warehouse project in Bedford Park, IL, a… Read more
General Iron Parcels Come to Market Near Lincoln Yards
General Iron Industries has put three parcels of land near Sterling Bay’s Lincoln Yards site up for sale, the Chicago… Read more
City Finalizes Design Deal for $8.5B O’Hare Expansion
The City of Chicago has awarded a lead architect contract to Studio ORD, the Jeanne Gang-led joint venture that will… Read more
Marshall Gerstein Extends Willis Tower Tenancy
Marshall, Gerstein & Borun LLP, a Willis Tower tenant since 1993, is extending its tenancy at the Loop landmark. The… Read more
West Loop Loft Offices Sell to MB Real Estate
A venture of MB Real Estate Services is finalizing an agreement to buy 549 W. Randolph St., a vintage West… Read more
Fintech Firm Relocates HQ to Cincinnati
Fintech firm Tempoe LLC is relocating its headquarters from Manchester, NH to downtown Cincinnati. The move to the Sawyer Point… Read more
Law Firm Eversheds Sutherland Will Open Chicago Office with CRE Focus
Law firm Eversheds Sutherland said it will open a Chicago office, its first new U.S. office since the 2017 merger… Read more
Bill to Fund McCormick Place Expansion Advances in Springfield
The State Senate has approved legislation to help fund the Metropolitan Pier & Exposition Authority’s (MPEA) $600-million expansion of McCormick… Read more