Illinois
Venture One Adds Class A Industrial on North Side
Venture One Real Estate has closed on the acquisition of a 60,126-square-foot, Class A industrial building on 3.35 acres located… Read more
Aries, Four Corners Team on Hotel Advisory Platform
Aries Capital LLC and Four Corners Advisors have formed a strategic alliance to provide an end-to-end hotel advisory, transaction and… Read more
Sears Files for Chapter 11; Lampert Steps Down as CEO
Sears Holdings filed for Chapter 11 bankruptcy early Monday morning ahead of $134 million in debt coming due, and Eddie… Read more
Inland Empire Leads U.S. Industrial Activity
Connect Inland Empire returns to the Ontario Convention Center on October 24th. Get more information about the conference and register… Read more
Arrimus Capital Snags Prado Student Housing
Arrimus Capital, a multifamily investment and development company in Newport Beach, CA, acquired two student housing properties. The 472-bed Prado… Read more
Minneapolis’ North Loop Hewing Hotel Refi’d
Don’t miss Connect National Investment & Finance on Oct. 18 to hear what industry leaders and major stakeholders have to… Read more
Essex Brings Two Edgewater Multi Assets to Market
Essex Realty Group is marketing two separately-listed apartment properties in the North Side’s Edgewater neighborhood. One of these, a 43-unit… Read more
City Unveils Lineup of Transportation Task Force
The Emanuel administration has unveiled the lineup and framework of its New Transportation and Mobility Task Force, chaired by former… Read more
Financial Corridor on Verge of Losing 3 Big Financial Tenants
Three big banks are planning to leave LaSallle Street, the Central Loop thoroughfare that was established as Chicago’s financial district… Read more
Chicago’s an Increasing Draw for the Tech Sector
Chicago’s relationship with the tech sector is a little more standoffish than, say, Silicon Valley’s. It’s an important industry, but… Read more
Chase Properties Makes First Apartment Buy in MO
Beachwood, OH-based Chase Properties Ltd., in partnership with Gold Block Ventures, recently acquired New Town Apartments in St. Charles, MO,… Read more
The Hidden Costs of Museums
Some people love museums, and others find no use for them. But, when it comes to neighborhoods and planning, the… Read more
MedMen to Acquire PharmaCann for $682M
Los Angeles-based MedMen Enterprises Inc. is acquiring Chicago-based PharmaCann LLC in an all-stock transaction valued at $682 million. It is… Read more
Inland Brokerage Promotes “Off-Market” Specialists
Inland Real Estate Commercial Brokerage Inc. has promoted Paul Montes and Eric Spiess (pictured) to SVPs. While continuing core activities… Read more
HFF Arranges Sale, Financing of Value-Add Multifamily
HFF arranged both the sale of and acquisition financing for Stone Crossing Apartments, a 258-unit apartment community in the Chicago… Read more
New Logistics RE Platform Teams with Macquarie
Logistics Property Company, LLC (LPC), a newly formed logistics real estate platform focused on the acquisition, development and management of… Read more
Sears Chapter 11 Expected; $10B in CMBS at Risk
With Sears Holdings announcing that it had added a restructuring expert to its board, and published reports that it had… Read more
Avanath Makes Affordable Buys in South Shore, Willowbrook
Avanath Capital Management has acquired two Chicago-area affordable multifamily properties totaling 668 units, including one on the city’s South Side.… Read more
Cannabis Retailer Names former Walmart Exec as COO
Cannabis retailer MedMen Enterprises Inc. hired Ben Cook, a former executive with Walmart Inc. and Apple Inc. as chief operating… Read more