Downtown
CVS Completes $10.6B Acquisition of Oak Street Health
CVS Health said Tuesday it had completed its $10.6-billion acquisition of Chicago-based Oak Street ...Read more
Loop Apartments Trade at 20% Markdown on Development Costs
Oregon-based Green Cities has acquired Lake & Wells, a 329-unit rental apartment buil...Read more
Real Estate AI Firm Names Marc Rutzen as CEO
HelloData.ai, a real estate artificial intelligence company that develops algorithms to extract str...Read more
Skender Partnership Launches Renovations to West Side Senior Living Properties
Skender and its joint venture partner, Blackwood Group, have started the extensive renovation ...Read more
JLL IPT Fully Subscribes $200M DST Offering
JLL Income Property Trust (JLL IPT) said Monday it had fully subscribed JLLX Diversified II, DST. T...Read more
Hyatt to Acquire Travel Booking Platform Mr and Mrs Smith
Hyatt Hotels Corporation has agreed to acquire London-based Mr & Mrs Smith, a travel booki...Read more
Choose Chicago Launches Campaign to Boost In-Person Attendance at Performing Arts
Choose Chicago and the Department of Cultural Affairs and Special Events (DCASE), in partnership wi...Read more
Chicago Office Market Sees New Highs in Direct Vacancy, Sublease Space
The health of the Chicago office market continued to decline in the first quarter of 2023 as direct...Read more
Hardtech Incubator mHub Will Relocate to Kinzie Industrial Corridor
Manufacturing and hardtech innovation center mHUB, said Thursday it had secured $50 million in fun...Read more
Core Spaces Unveils Build-to-Rent Development Brand
Core Spaces, a vertically integrated residential real estate developer, owner and operator best kno...Read more
Three MOB Veterans Launch Firm to Address Healthcare’s Real Estate Needs
Three experienced commercial real estate professionals serving a niche in the national medical offi...Read more
Chicago Fire Training Facility Breaks Ground on Near West Side
City officials and Chicago Fire FC owner and chairman Joe Mansueto joined community members at the ...Read more
First-Ever Virgin Hotel Hits the Sales Market in Chicago’s Loop
A joint venture of Miami-based Lionstone Development and Virgin Hotels has hired the Chicago office...Read more
Equity Residential Closes Out Q1 with Big Gains in EPS, FFO
Chicago-based apartment REIT Equity Residential (EQR) reported first-quarter results after the mark...Read more
Kiser Group Finalizes Sale of Loop Mixed-Use with 4 a.m. Liquor License
Kiser Group’s Birk | Sklar Team has sold 701 S State, a mixed-use building located in Chicag...Read more
Circa-2014 West Loop Apartments Hit the Sales Market
DWS Group, an affiliate of Deutsche Bank, and Naperville, IL-based developer Marquette have hired C...Read more
Chicago Fed Survey Sees Economic Growth “Well Below Trend”
The Chicago Fed's latest Survey of Economic Conditions (CFSEC) found that the Activity Index decrea...Read more
Draper and Kramer Wins 2023 CAMME Award for 61 Banks Street in Gold Coast
Draper and Kramer, Inc. said 61 Banks Street, the firm’s 57-unit ultra-luxury boutique Gold ...Read more
BMO Names New U.S. CEO to Succeed Retiring Dave Casper
BMO has appointed Darrel Hackett as U.S. CEO of BMO Financial Group, president & CEO of BMO H...Read more