Downtown

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
Condo Deconversions in the South Loop, Lakeview Test the Investment Sales Market
A pair of developers that turned big condominium buildings into apartments over the past several ye...Read more
Flight to Quality Drives Down Vacancies in Trophy Downtown Chicago Offices
Avison Young’s First Quarter 2023 Office Market Report for downtown Chicago shows that ...Read more
Skender Completes 81K-SF Headquarters Buildout for Avant
Skender recently completed construction on the new 81,000-square-foot Avant headquarters in Th...Read more
Kiser Group Closes Off-Market Portfolio Sale in Medical District
Kiser Group has brokered a $15-million apartment portfolio sale in the UIC Medical District. Seller...Read more
JLL Takes Full Ownership of Kensington Capital Advisors
JLL has wholly acquired Kensington Capital Advisors (KCA), a North Carolina-based derivatives and s...Read more
Cushman & Wakefield Hires Noelle Perkins as General Counsel and Corporate Secretary
Cushman & Wakefield has appointed Noelle Perkins as EVP, general counsel & corporate secret...Read more
One Two Pru Earns WiredScore Platinum Certification for Connectivity
Wanxiang America Real Estate Group said that One Two Pru, its 2.3-million-squar...Read more
Origin Investments Affiliate Launches New Fund Aimed at Multifamily Credit
Chicago-based Origin Credit Advisers LLC (OCA), a newly formed affiliate of multifamily real e...Read more
Baird & Warner Promotes Two Members of Senior Leadership Team
Baird & Warner, Illinois’ largest family-owned independent real estate services company, has...Read more
Peak Realty Tapped to Lease Up West Loop Luxury Apartments
Peak Realty has been tapped by Tandem Development to market and lease Sage West Loop...Read more
Chicago Hotel Occupancy Climbs Above 2019 Levels
Average hotel occupancy rate for January and February of 2023 in Chicago’s Loop nearly doubled ...Read more
Wabtec Signs Full-Floor Lease Extension at 500 W. Monroe
Avison Young and JLL have arranged a 10-year lease extension for Westinghouse Air Brake Technologie...Read more
Marquette Collects Payoff for Pandemic-Era Gamble with $79M Refi of West Loop Tower
Naperville, IL-based Marquette Companies has refinanced the Parq Fulton, a 278-unit apartment build...Read more