Illinois
Construction Kicks Off on Edgewater Apartments
Summit Design + Build, along with developer City Pads, Catapult Real Estate Solutions and Cagan Management Group, recently started construction… Read more
“Rarely Available” Townhome Rentals Come to Market
Essex Realty Group has been hired to sell a portfolio of 27 rental townhomes located in Chicago’s affluent suburbs of… Read more
Beacon Capital Closes $1.6B Office Fund
Boston-based Beacon Capital Partners, LLC held its final close on Beacon Capital Strategic Partners 8, L.P. (BCSP 8). The commingled… Read more
NKF Handles 271K-SF Lease Extension in Bedford Park, IL
Assemblers, Inc. signed a 270,789-square-foot lease extension at GLP’s Bedford Park Corporate Center in Bedford Park, IL. The facility at… Read more
RE Tech Firm Truss Completes $15M Funding Round
Commercial space platform Truss has completed a $15-million Series A-2 funding round. The round was led by General Catalyst, which has… Read more
Industrial Specialist Joins NAI Hiffman as SVP
Steve Bass (pictured) has joined NAI Hiffman as SVP with the industrial services team. He brings more than 15 years… Read more
Optima Offers Coworking Space at Streeterville Resi Tower
Multifamily owner/developer Optima Inc. is getting into the coworking sector with commercial office suites at Optima Signature, a 57-story apartment tower in… Read more
Evergreen Tops Out Affordable Apartments in Albany Park
Three months after breaking ground on Oso Apartments, Evergreen Real Estate Group and the Chicago Housing Authority have topped off… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
Cohen Financial Lines Up Refi on Gold Coast Apartments
SunTrust division Cohen Financial has arranged a refinancing for 70 E. Walton, a boutique luxury rental property in the Gold… Read more
Marcus & Millichap Closes Back-to-Back Deals in Elgin
Marcus & Millichap has brokered the sale of Regency Apartments (pictured), a 32-unit apartment property in Elgin, IL. The asset… Read more
City Shortlists O’Hare Design Finalists, Invites Public Input
The Emanuel administration on Thursday unveiled five finalists vying for the lead architect role on O’Hare International Airport’s $8.5-billion expansion.… Read more
Trophy Towers Dominate CBD Leasing Growth
The office market in Chicago’s CBD increasingly is marked by “a dichotomy” between Class A and lower classes of product… Read more
The Crowded, Competitive Co-Working Sector
Mention the term co-working, and the first thought that might come to mind is WeWork. However, dig beneath the news… Read more
McKibbon to Manage Hyatt House in Fulton District
McKibbon Hospitality has been awarded the management contract for the Hyatt House Chicago Fulton Market District. The hotel is being… Read more
Carnegie-Weinberg Venture Pursues Neighborhood Center Strategy
Carnegie-Weinberg, a real estate venture launched by Carnegie Companies and Weinberg Capital Group, has acquired Sangamon Center North Shopping Center in Springfield,… Read more
Lampert Prevails in Bankruptcy Auction for Sears
Sears Holdings Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer, the Wall Street Journal reported. Lampert’s… Read more
Deerfield Independent Living Project Lands Financing
HFF has arranged financing for the development of Deerfield Senior Residences, a 240-unit, six-story, luxury independent living community in the… Read more