Illinois
SMS Assist Promotes Shiffman to CEO
Facilities management platform SMS Assist has named Marc Shiffman its new CEO, effective immediately. Shiffman’s new role is a promotion… Read more
Dayton-Area Retail Lands Acquisition Financing
NorthMarq’s Noah Juran recently completed acquisition financing of $4.4 million for Northwest Plaza, a 220,000-square-foot retail property in Dayton, OH.… Read more
Lincoln Park Loft Offices 92% Full 4 Months After Opening
Developer SOI:01 said its four-story 1440 N. Dayton loft office redevelopment in Lincoln Park, is more than 92% leased, less… Read more
Oak Forest Apartments Change Hands in M&M-Brokered Deal
Marcus & Millichap has completed the sale of a 16-unit apartment property located in Oak Forest, IL. Deal terms were… Read more
Home Builders Group: Tackle Affordability with Housing O-Zones
Housing Opportunity Zones are among the proposals offered by the Home Builders Association of Greater Chicago (HBAGC) to address affordability… Read more
CTA Upgrades Track in Advance of $2B Modernization
The Chicago Transit Authority has completed nearly $4 million in railroad track improvements on the Red Line at Addison station.… Read more
Entre Commercial Promotes DeSerto to Principal
Entre Commercial Realty has promoted Michael DeSerto to principal. He joins co-founders Dan Benassi and Dan Jones as partners in the… Read more
Vista Tower Tops Out; Chicago’s Tallest New Building Since 2008
Chicago construction literally reached its highest point in more than a decade this past Friday, when workers topped out the… Read more
Arbor Provides Fannie Mae Refi on Madison-Area Apartments
Arbor Realty Trust recently funded a Fannie Mae Small Loan in Sun Prairie, WI, a suburb of Madison. Stonewood Crossing,… Read more
No Slowdown Ahead for Co-working’s CBD Growth
As WeWork’s recent commitment to 140,000 square feet at the under-construction 167 N. Green St. (pictured) attests, the co-working sector… Read more
CBRE Brokers Trade of Hoffman Estates Apartment Complex
CBRE recently represented Greenwood Capital Investment LLC in the sale of Autumn Chase Apartments, a 550-unit multifamily property in Hoffman Estates, IL,… Read more
NorthMarq Arranges Life Company Refi of IN Apartments
SVP Noah Juran with NorthMarq’s Cincinnati-based regional office has arranged the $8-million refinance of Beech Grove Apartments, a 182-unit multifamily… Read more
CushWake Does 1.5M SF of Industrial Deals in I-55 Corridor
Cushman & Wakefield arranged 10 industrial transactions across the I-55 corridor during the first quarter, totaling more than 1.5 million square feet.… Read more
J.C. Anderson Completes HQ Build-Out for Segal McCambridge
J.C. Anderson has completed a 60,000-square-foot, multi-phased office renovation for the 55th- and 56th-floor headquarters of law firm Segal McCambridge… Read more
Chicago-Area Retail Sees Vacancy Increases
Chicago-area retail vacancies ticked upward during the first quarter, according to preliminary figures from CBRE. The overall rate increased 40… Read more
Hunt’s Logan Square Multifamily Scores LEED Silver
Hunt Companies Inc. and Savoy Development’s Noca Blu multifamily development in Logan Square has achieved LEED Silver certification from the… Read more
Interra Brokers 14-Building MF Sale on South, West Sides
Interra Realty has brokered the $7.8-million sale of a 14-building, 289-unit portfolio of affordable apartments located on the city’s West… Read more
Ryan Companies Names New CAO/CFO
Ryan Companies US, Inc. has named Lisa Kro chief financial and administrative officer. She will fill the CAO/CFO position that was vacated… Read more
40K LED Streetlights Slated for Modernization Program’s Next Phase
The next phase of Chicago’s four-year streetlight modernization program launched Wednesday, to include installation of an additional 40,000 new LED… Read more