Downtown

Chicago Reinstates Mask Requirement for Indoor Public Settings
The Chicago Department of Public Health (CDPH) said Tuesday that it will re-institute a face m...Read more
Sterling Bay Lands Construction Debt for Next Fulton Market Project
Sterling Bay has scored a construction loan for a nearly $120-million office building in the Fulton...Read more
North Lawndale’s Ogden Commons Sees First Retail Tenants Move In
The Habitat Company recently welcomed Wintrust Bank and Momentum Coffee as the first...Read more
Investment Sales Veteran Scott Niedergang Launches Healthcare-Focused Advisory Firm
Healthcare real estate veteran Scott Niedergang has launched Physician Real Estate Capital Advis...Read more
Mesirow Names Three New Internal Directors
Financial services firm Mesirow appointed three new internal directors to its board of directors.�...Read more
Hyatt to Acquire Luxury Resort Operator Apple Leisure
Chicago-based Hyatt Hotels Corporation has agreed to acquire Apple Leisure Group (ALG), a lead...Read more
Equity Commonwealth Adds Cash Component to $3.4B Bid for Monmouth REIT
Equity Commonwealth (EQC) on Monday sweetened its offer for industrial REIT Mon...Read more
Cisco Claims Old Post Office Space for Midwest Hub
Cisco has announced Chicago as the company’s Midwest regional hub, with a relocation to 601W C...Read more
City Panel Votes 12-Year Extension for Cabrini-Green TIF District
Plans to redevelop land once occupied by the Cabrini-Green public housing project on downtown’s ...Read more
Chase Commits $3M to Appraisal Institute’s Diversity Initiative
The Appraisal Institute, Fannie Mae and Freddie Mac said that JPMorgan Chase has made a $...Read more
Chicago CRE Professionals Remain Optimistic, But Worries About Government Persist
In its 2021 Mid-Year Chicago Sentiment Report, The Real Estate Center at DePaul Univ...Read more
North Wells JV Acquires River North Loft Offices from McCaffery
North Wells Capital has formed a joint venture with Skydeck Capital to acquire 720 N...Read more
Summit Design + Build Hires Construction Veteran as VP
Summit Design + Build recently hired Larry Blouin as VP. Blouin joins Summit Design + Build ...Read more
Downtown Chicago’s Landmark Drake Hotel Hits the Market for First Time
JLL has been retained to market for sale the Drake Hotel in Downtown Chicago, which ...Read more
Lightfoot Administration Projects $733M Budget Gap for Fiscal 2022
The Lightfoot administration’s 2022 Budget Forecast projects a $733-million budget gap for fiscal...Read more
Greenstone Adds Two Team Members on Investment Sales Side
Greenstone Partners has added two new team members. Joe Bono has joined as an associate in inv...Read more
State Street Pedestrian Counts Top 1M Per Week During July
July saw pedestrian visitors to State Street in the Loop surpass one milli...Read more
Oak Street Health Raises Guidance on New Center Openings
Chicago-based Oak Street Health, a network of primary care centers for adults on Medicaid, said Mon...Read more
Chicago Reaches 70% Vaccination Threshold
The Lightfoot administration said Monday that more than 70% of adults over 18 have received at leas...Read more