Illinois
Chicago/Midwest People & Company News, week of May 22, 2025
Newmark has hired Michael Moynagh, MAI, as a Senior Managing Director for Newmark Valuation & Advisory and Market Leader for… Read more
Net-Leased Chipotle Property in Ohio Changes Hands
Marcus & Millichap has completed the sale of a net-leased Chipotle property in Toledo, Ohio, for $2.18 million. The 2,325-square-foot Chipotle… Read more
Greystone Arranges Acquisition Loan for Tinton Falls Offices
Greystone closed a $30,000,000 debt placement for the acquisition of an office and mixed-use property in Tinton Falls, NJ. The… Read more
DarwinPW Represents Investor in Building Acquisition
DarwinPW Realty/CORFAC International Managing Broker George Cibula and Vice President Dan Prendergast recently represented Portokali Investments LLC in its acquisition… Read more
Interra Brokers North Side Mixed-Use Building Sale
Interra Realty has brokered the $9.625 million sale of 6930 N. Greenview Ave. in Chicago’s Rogers Park neighborhood. The vintage… Read more
Transwestern Facilitates Sale of West Loop Office
Transwestern Real Estate Services (TRS) has represented the seller in the sale of 1100 W. Monroe St., a 48,500-square-foot office… Read more
Marcus & Millichap Arranges Sale of 48-Unit MF in Saint Paul
Marcus & Millichap has completed the sale of The Jax, a 48-unit multifamily property in Saint Paul, Minnesota, for $8… Read more
Gantry Secures $30M Loan for Kansas City Multifamily
Gantry has secured a $30.25 million permanent loan to refinance bridge financing for the Black Lark Apartments located at 1980… Read more
Dwight Mortgage Trust Provides $49M for Minneapolis Apartments
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $49.15 million bridge loan to refinance Moment Apartments, a… Read more
Kraft Heinz Plans $3B in Manufacturing Upgrades
Chicago-based Kraft Heinz is launching a $3 billion modernization initiative across its U.S. manufacturing footprint. This investment is the largest… Read more
CBRE Facilitates Sale of St. Louis Industrial Property
CBRE has arranged the $6 million sale of a 65,900-square-foot industrial property located at 2340 59th Street in St. Louis,… Read more
Devon Self Storage Assumes Management of Facility Near Graceland
Oak Brook-based Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has assumed the property… Read more
Burlington Coat Factory Signs Long-Term Lease in Rogers Park
Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and Chairman Ben Ashkenazy, announced that Burlington… Read more
Mesirow Raises $1.25B Fund for Real Estate Investments
Chicago-based Mesirow Financial has closed the Mesirow Financial Real Estate Value Fund V, securing $1.245 billion in investor commitments. Fund… Read more
Entre Commercial Realty Completes Lease of 7K-SF Building
Entre Commercial Realty has leased a 6,500 square foot building on 0.90 acres at 3675 Blackhawk Drive in Rolling Meadows,… Read more
Core Industrial Realty Completes CRE Transactions
Core Industrial Realty’s Noel S. Liston and Nick Krejci recently completed the long-term lease of 159,000 square feet at 1301… Read more
Red Oak Capital Holdings Provides Refi for OKC Multifamily Asset
Red Oak Capital Holdings, LLC, has provided a $5.75-million bridge loan for the Penn Grand Apartments, a 105-unit garden-style community… Read more
Chicago Apartment Developer Buys Fulton Market Building
A local apartment developer has purchased a potential redevelopment site in Chicago’s Fulton Market District, buying the property at a… Read more
Chicago/Midwest People & Company News, week of May 16, 2025
JLL’s Katy Redmond, Senior Managing Director, Leasing Advisory, has been elected to serve on the Board of Directors of CoreNet… Read more