Illinois
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
Geico Opens Chicago Office in the Merchandise Mart
Car insurance company Geico has taken nearly 19,000 square feet at the Merchandise Mart, also known as THE MART, Vornado’s… Read more
XRoads Real Estate Advisors Negotiates Suburban Chicago Office Leases
Xroads Real Estate Advisors has negotiated two 10-year leases to healthcare and fitness providers at office properties in Chicago’s Northwest… Read more
Merchants Capital Secures $33M for Housing Development in St. Paul
Merchants Capital announced $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily… Read more
Hanley Investment Group Arranges $18M in Sales for 1031 Buyer
Hanley Investment Group Real Estate Advisor has arranged the acquisition of seven individual net-leased retail properties totaling $18.4 million, on… Read more
Walker & Dunlop Arranges $22M in Equity for Old Town Development
Walker & Dunlop marked the groundbreaking on Parkside 5, the final 99-unit phase of the Parkside at Old Town development… Read more
Indoor Cricket Facility Debuts in Minnesota
Cushman & Wakefield has represented the new Cricket Sports brand, CrossBat, in its 18,000-square-foot lease at 3150 West County Road… Read more
VanTrust Real Estate Fully Leases Columbus Mixed-Use Property
VanTrust Real Estate announced that GFT, an AEC firm created from the merger of Gannett Fleming and TranSystems, has leased… Read more
DMG Tapped to Manage Third Phase of Noah Properties Development
Chicago-based Daniel Management Group (DMG) is now managing Encore at The Grove in River Grove, Illinois. The 120 units complete… Read more