Illinois
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
Hunt Lines Up Freddie SBA Loans on Bronzeville Portfolios
Hunt Real Estate Capital has provided two Freddie Mac Small Balance Loans totaling $7.42 million to finance the acquisition of… Read more
CDW Kicking Tires on 300K SF at Spec Chicago Tower
CDW is looking to take roughly 300,000 square feet at 625 W. Adams St., a newly-built 20-story tower in downtown… Read more
Kushner Reportedly Cuts Deal to Sell Loop Tower
A group led by Angelo, Gordon & Co. has reached a deal to acquire 225 W. Randolph St. from the… Read more
Education Consultants Renew Space in Frankfort
NAI Hiffman’s Steve Chrastka has represented Educators Advancement Group (EAG) in its lease renewal of 20,521 square feet at the… Read more
ARCORE Founders Launch New Retail Brokerage
Andy Robbins and Al Rodenbostel, the principals and founders of ARCORE Real Estate Group, along with Anthony Campagni, who helped… Read more
Keys to Success in Seniors Housing Finance
From October 17-19, seniors housing real estate leaders will gather at the 2018 NIC Fall Conference. Experts including Morgin Morris… Read more
Monica Moore Shifts to JLL Team in Orange County
JLL continues to expand its office leasing expertise in SoCal with the addition of Monica Moore, a Managing Director who… Read more
CushWake Bolsters Apartments Platform with KIG Team
Cushman & Wakefield has reinforced its Midwest multifamily platform by bringing on an eight-member team from KIG CRE. Led by… Read more
Chicago Tops Big-City Ranks of Travel Destinations Again
For the second year in a row, Chicago has been voted “Best Big City in the U.S.” by the readers… Read more
J.C. Anderson Completes Build-Out at Merchandise Mart
J.C. Anderson has completed an office build-out for Fortune Brands Global Plumbing Group at the Merchandise Mart. The group currently… Read more
Sears Adds Restructuring Expert to Board
In a move that may signal imminent changes at Sears Holdings, the beleaguered retailer’s board has named restructuring expert Alan… Read more
Berkadia Lands Bridge Loan for Naperville MXU
Berkadia’s Hotels & Hospitality group has arranged a $56-million bridge loan on the Water Street District, a mixed-use development along… Read more
Overstock.com Opts for KC in Fulfillment Center Lease
Overstock.com has leased 517,391 square feet of industrial space at BH Properties’ 5300 Kansas Ave. in Kansas City, KS. The… Read more
Boutique Hotel Opens Its Doors in Hyde Park
Olympia Hotel Management has opened Sophy Hyde Park, a 98-room lodging property in Hyde Park that’s reportedly the first boutique… Read more
Lengthy “Up” Cycle Has Something for Owners, Tenants
Chicago’s office landlords and tenants continue reaping the benefits of commercial real estate’s longest “up” cycle in 40 years, according… Read more
Kiser Closes on Two Rogers Park Properties
The Kiser Group recently closed on two multifamily sales in Rogers Park. The properties at 2049 W. Jarvis Ave. (pictured)… Read more