Downtown

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
Lightfoot Administration Extends RFP Deadline for Chicago’s First Casino
The City of Chicago has extended the deadline to respond to the casino Request for Proposals t...Read more
Ventas’ Net Income Rebounds 155% Y-O-Y in Q2
Ventas, Inc. staged a powerful year-over-year comeback from the pandemic’s im...Read more
Waterton’s Seniors Housing Arm Hires Investments SVP
Waterton hired Justin Dickinson as SVP, investments for Pathway to Living, the seniors housing arm...Read more
John Forrester to Succeed Brett White as CushWake CEO
John Forrester, currently Cushman & Wakefield’s global president, will become the firm’s CE...Read more
JLL Hotels Adds Industry Veteran Mike Wernet to Team
JLL Hotels & Hospitality has added industry veteran Mike Wernet, as an SVP, asset manageme...Read more
Lendlease, Magellan Launch Move-Ins at New Lakeshore East Rental Tower
Move-ins have begun at Cascade, a 37-story, 503-unit luxury apartment tower developed by Lendlease ...Read more
Lucien Lagrange Studio Celebrates Fifth Anniversary with Full Slate of Projects
Chicago-based Lucien Lagrange Studio is celebrating its fifth anniversary this month. It’s a m...Read more
Steve Milenkov Joins CushWake as Chicago Asset Services Lead
Steve Milenkov has joined Cushman & Wakefield as senior managing director and ci...Read more