Illinois
Eastham Capital Fund Acquires 75% Stake in Vernon Hills Retail Property
Eastham Capital, a private equity real estate firm, has announced the acquisition of a 75% ownership interest in The Landing… Read more
Essex Brokers 26-Unit MF Portfolio Deal on Chicago’s South Side
Essex Realty Group, a Chicago-based multifamily brokerage firm, completed the sale of a two-building, 26-unit multifamily portfolio located in Chicago’s… Read more
Lurie Children’s New Outpatient Center Marks Construction Milestone
Skender placed the final piece of structural steel on the Schaumburg Outpatient, Primary Care and Infusion Center, located at 1895… Read more
FPA Multifamily Buys Another Apartment Building in Chicago
California-based FPA Multifamily has purchased the 270-unit Vantage Oak Park, located at 150 Forest Avenue, according to Crain’s citing sources… Read more
Chicago/Midwest People & Company News, week of August 9, 2024
Kiser Group has promoted Will Mast to advisor. Mast began his tenure at Kiser as an associate, and in his… Read more
Up Next: Trends that Matter with Charles Krawitz, Head of Commercial Lending at Alliant
Earlier this year, Chicago-based Alliant Credit Union, one of the largest credit unions in the nation, launched SBL Edge, a… Read more
Hilco Real Estate Expands Receivership Practice with Industry Veterans
Hilco Real Estate (HRE) has made a significant expansion of its real estate receivership practice. The Northbrook, IL-based firm hired Matthew Mason as… Read more
Former Allstate Campus Plans Disclosed
Rebranded as The Pondry, Trevato Development Group is redeveloping the former Allstate campus in Jacksonville. The project will add residential and… Read more
Stream Realty Awarded Management Assignment for 75K-SF Retail Portfolio
Stream Realty Partners has been awarded the property management assignment for The Halsted Collection and Damen Avenue Retail Portfolio in… Read more
Greenstone Partners Sells Multi-Tenant Retail Center in Naperville
Greenstone Partners has sold the 82% leased, multi-tenant retail center at 535 Fairway Drive in Naperville, Illinois. The 15,370-square-foot property… Read more
Bender Companies Acquires Arrive Town Center in Chicago
Bender Companies has acquired Arrive Town Center, located in Chicago’s northern suburb of Vernon Hills. Built in 2010, the mixed-use… Read more
Century-Old State Street Buildings in Chicago Avoid Demolition
A pair of century-old skyscrapers in Chicago’s Loop are now slated for preservation after previous plans to demolish the two… Read more
Merchants Capital Completes Credit Risk Transfer on $543M MF Loans
Merchants Capital has executed a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans. This is… Read more
New CTA Green Line Station Opens Near United Center as Chicago Preps for DNC
Chicago Mayor Brandon Johnson joined community leaders in a ribbon-cutting ceremony on Monday for a new CTA Damen Green Line… Read more
Marcus & Millichap Closes Sale of Beverly Apartments in Chicago
Marcus & Millichap has completed the sale of 1518-1528 W. 99th Street, a 32-unit apartment property located in Chicago, Illinois.… Read more
Entre Commercial Realty Facilitates Sale of 35K-SF Building in Franklin Park
Entre Commercial Realty announced that Chris Wilbur and Jeffrey Locascio, SIOR of Entre Commercial Realty, have completed the sale of… Read more
Raymond James Moves to Renovated West Loop Office
Financial services firm Raymond James has completed the relocation of a majority of its Chicago-based associates to its new West… Read more
Core Industrial Realty Closes Multiple Transactions Across Illinois
Oak Brook, Illinois-based Core Industrial Realty has completed several recent transactions in suburban Chicago. Noel S. Liston and Nick Krejci… Read more
UChicago, Portal Innovations Announce Science Incubator at Hyde Park Labs
The University of Chicago’s Polsky Center, in partnership with Portal Innovations, a venture creation and development platform, announced that the UChicago… Read more