Illinois
KeyBank Provides $2M for Women, BIPOC Chicago Investor Fund
KeyBank Community Development Financial Institutions (CDFI) Lending and Investment Group has provided a $2 million loan to C3’s Impact Fund.… Read more
Plymouth Industrial REIT Partners with Sixth Street for Growth Capital
Boston-based Plymouth Industrial REIT has formed a strategic agreement with global investment firm Sixth Street for long-term growth capital to accelerate earnings… Read more
Bulls CEO Joins Intersect Illinois’ Board of Directors
Intersect Illinois announced that Elizabeth Buchanan, President of North American business for NielsenIQ, Richard Demirjian, President of TCCI Manufacturing, and… Read more
Fully Leased Wicker Park MF Property Sells
Greenstone Partners has sold 1320 North Wicker Park Avenue, a 5,900-square-foot, value-add multifamily property in Chicago’s Wicker Park neighborhood—the fully… Read more
Marcus & Millichap Arranges Sale, Financing of IL Retail Portfolio
Marcus & Millichap finalized the sale of a three-building, 11-tenant retail portfolio located in Mount Prospect, Illinois. The properties collectively… Read more
JLL Arranges $31M Construction Loan for Lincoln Park MF
JLL has arranged a $31 million construction loan in the form of a participating mortgage for the development of 1529 N… Read more
Chicago/Midwest People & Company News, week of August 23, 2024
Northmarq is pleased to announce the expansion of its Minneapolis Debt + Equity team by welcoming Senior Vice President Lucas… Read more
Avison Young Markets Land Near Lake Erie for Mixed-Use Development
Avison Young has been retained by Avon Lake Environmental Redevelopment Group, LLC (ALERG) to sell 43.23 acres of lakefront land… Read more
Goose Island Project Site Listed for Sale
The owners of a former lumberyard on Goose Island are offering the land for sale, a move that calls into… Read more
Hernandez Development Opens New Self-Storage in Carol Stream
Hernandez Development has unveiled a new Class A self-storage facility in Carol Stream, Illinois. The development is set on a… Read more
Sterling Bay, Wheelock Street Capital Sell Hyatt House-Fulton Market
Sterling Bay and Wheelock Street Capital have closed the sale of Hyatt House Chicago / West Loop-Fulton Market. Located at… Read more
Tapville Social Opens at Yorktown Center in Lombard
Tapville Social, a craft beer and cider franchise, has opened its newest “Drink While You Shop” location in the Center… Read more
The Goldie Initiative Continues Expansion with 2024-25 Cohort
The Goldie Initiative, a nonprofit organization dedicated to preparing women to advance as leaders in commercial real estate, recently announced… Read more
Interra Brokers Sale of 5-Building MF Portfolio in Suburban Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the sale of a five-building, 30-unit multifamily portfolio in… Read more
Irvine Company Office Leasing Up Nearly 12% Y-O-Y
Irvine Company said its portfolio of premium office space across Orange County, Los Angeles, San Diego, Silicon Valley, Chicago and New York… Read more
It’s Time to Submit Nominations to the 2024 Women in Real Estate Awards
The deadline for submitting nominations to Connect CRE’s 2024 Women in Real Estate Awards is drawing near, but there is… Read more
Nykia Wright Named Permanent CEO for NAR
The National Association of Realtors has named Nykia Wright its permanent Chief Executive Officer, effective immediately. Wright, an executive with… Read more
Essex Realty Closes Sale of Evanston Value-Add Property
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., has completed the sale of 1327 W. Brummel St., a nine-unit multifamily… Read more
JLL Continues Manufacturing Sector Growth Across Illinois
JLL has begun leasing activities for a Class A property comprised of 1.3 million square feet available for build to… Read more