Downtown

Lightfoot to Propose Tax Incentives to Convert Loop Building Stock into Residential
Mayor Lori Lightfoot is expected to announce next week a new initiative offering tax-increment fina...Read more
McDonald’s Reaffirms Commitment to Chicago in Full-Page Ad
Less than a week after McDonald’s CEO Chris Kempczinski took Chicago to task for its crime issues...Read more
Rose Companies Acquires BJ Wright Apartments on Near West Side
One of the largest affordable housing developments on Chicago’s Near West Side has a new owner an...Read more
Harrison Street Adds Three to IR Team
Harrison Street has added three seasoned professionals to its investor relations team. Chris B...Read more
CIBC Lends on West Side Supportive Housing Project
CIBC's Community Development team is providing a total of $27.9 million in construction financing f...Read more
McHugh Goes Vertical on Embry Condo Project in West Loop
Chicago-based McHugh Construction has started vertical construction on Embry, a new 16-story tower ...Read more
Loop Hotel Occupancies Near 2019 Levels in August
The dog days of summer, coupled with major events and improved business travel, gave another encour...Read more
Ukrainian Village Apartments Fetch Nearly 50% Increase on Sellers’ Purchase Price
Interra Realty brokered the $2.5-million sale of 906-908 N. Damen Ave., a pair of six-unit multifam...Read more
MPEA Issues RFI for Redevelopment of McCormick Place’s Lakeside Center
The Metropolitan Pier and Exposition Authority (MPEA) has issued a request for information (RFI) fo...Read more
33 Realty Sells Property Management, Maintenance and Leasing Divisions
Poplar Homes, the Cupertino, CA-based property management company, has acquired Chicago-based 33 Re...Read more
McDonald’s Will Establish New Innovation Center at West Loop HQ
McDonald's Corporation will establish an innovation center, Speedee Labs, at its global headquarter...Read more
Piercing Studio Comes to Tribune Tower for First Chicago Location
CIM Group has signed a long-term lease with piercing and jewelry brand Rowan for an approximately 9...Read more
Sterling Bay’s Fulton Market Residential Closes on Construction Financing
Sterling Bay has closed on approximately $92 million in construction financing for 225 N Elizabeth,...Read more
Australian Firm Takes $2B Stake in Chicago Skyway
Toll road operator Atlas Arteria has entered into an agreement to acquire a 66.67% majority interes...Read more
Lucien Lagrange and His Team Join Lamar Johnson Collaborative
Lucien Lagrange, the architect who designed the 70-story Park Tower and other iconic Chicago reside...Read more
JLL Promotes Two to Managing Director, Work Dynamics
JLL promoted Katie Rodrigues and Dan Rooney to managing director, consulting for Work Dynamics. Rod...Read more
Shareholders Approve Watermark Lodging Trust Merger with Brookfield
Watermark Lodging Trust, Inc. (WLT), a nontraded REIT headquartered in Chicago, said Monday its sto...Read more
Pearlmark Provides Mezz Loan for Pittsburgh Multifamily Acquisition
Chicago-based Pearlmark closed on a high-yield investment for the acquisition of Lawrenceville Apar...Read more
Lightfoot Establishes Community Advisory Council for Bally’s Casino Project
Mayor Lori Lightfoot, with the support of Ald. Walter Burnett and casino operator Bally’s, announ...Read more