Illinois
High Competition in the Rental Housing Market During 2024
Developers have been busy building apartment buildings this past year. According to RentCafe, more than half a million rental units… Read more
Chicago/Midwest People & Company News, week of December 12, 2024
Project Management Advisors, Inc. (PMA) has welcomed Brad Moeller to its team as vice president. Based in the firm’s Chicago… Read more
Kehe Distributors Renews, Expands HQ in Naperville
Transwestern Real Estate Services (TRS) announced that KeHE Distributors LLC has committed to a long-term lease at Naperville Corporate Center,… Read more
Two Austin Rental Assets Included in $525M Refi
Newmark Group completed a $525 million refinancing of six properties on behalf of ICONIQ Capital and Sentral. The financing was provided… Read more
Skender Completes Renovation of West Side Apartment Buildings
Skender and its joint venture partner, Blackwood Group, completed the renovations of two West Side senior living apartment buildings in… Read more
Cinnaire Receives $6M in Awards from FHLBank Chicago
Cinnaire has been awarded $6 million in Affordable Housing Program (AHP) subsidies by the FHLBank Chicago to support three housing projects… Read more
Gallagher Acquires AssuredPartners for $13.5B
Insurance broker Arthur J. Gallagher has signed a definitive agreement to acquire AssuredPartners for $13.45 billion. The transaction is subject… Read more
Cawley Completes 200K-SF in Tenant Representation Deals
Cawley Commerical Real Estate announced the completion of nine tenant representation transactions totaling over 200,000 square feet across the Chicagoland… Read more
Construction Begins on Lincoln Park Residential Development
General contractor Summit Design + Build has officially broke ground at 537 W. Drummond, a seven-story residential development coming to… Read more
Berkadia Sells Assisted Living Portfolio in Chicago, Milwaukee
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago… Read more
Batch Freight Relocates, Expands Chicago Headquarters
BATCH Freight (BATCH), a logistics technology company, is relocating its downtown Chicago headquarters and will nearly double its office footprint.… Read more
Dominium Obtains Construction Loan for Manor Affordable Housing Venture
Associated Bank and Great Southern Bank funded a $60,472,000 construction loan for Dominium to build a 324-unit affordable housing project, Emblem at… Read more
CIC Celebrates 50 Years of Impact
Community Investment Corporation (CIC), a Chicago non-profit lender that finances the acquisition, rehabilitation, and preservation of affordable rental housing, celebrates… Read more
Blue Vista, Clarion to Acquire Student Housing Portfolio
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of… Read more
Storage Post Enters Chicago Market with the Acquisition of Five Sites
Storage Post Self Storage has marked a significant milestone by entering the Midwest market with the acquisition of five self-storage… Read more
Chicago/Midwest People & Company News, week of December 5, 2024
Graycor announced that Dave Wing has been promoted to CEO from President and COO of the Graycor family of companies.… Read more
BWE Secures $20M for Chicago Suburbs Mixed-Use
BWE has secured a $20 million loan to finance the acquisition of Innovation Park, a one million square foot mixed-use… Read more
Continental Towers Leases 91K SF of Space in 2024
Transwestern Real Estate Services (TRS) announced that Continental Towers has completed over 91,000 square feet in new lease, renewal, and… Read more
