Illinois

CTA Receives $1.1B Grant for Improvements
The city of Chicago received approximately $1.1 billion in federal grants to rebuild a stretch of th...Read more
JV Invests $48M in Multifamily Value-Add Play
Origin Investments partnered up with Draper and Kramer Inc. and LEM Capital to acquire the 448-unit ...Read more
DeKalb Hospital Proposes $46M Wellness Center
Officials with Northwestern Medicine Kishwaukee Hospital in DeKalb, IL have filed a proposal with th...Read more
OfficeMax HQ Loan Sent to Special Servicer
A $49 million loan on the former OfficeMax headquarters in Naperville, IL, was moved to special serv...Read more
$209M Construction Loan Set for New McD’s HQ
HFF arranged a $209 million construction loan to aid in developing 110 North Carpenter, the 567,000...Read more
Spirit Bascom Acquires Chicago Asset for $19M
Spirit Bascom Ventures LLC acquired the nine-story, 160-unit apartment complex at 6807 N. Sheridan R...Read more
$240M in Construction Financing Obtained for One Bennett Park
Related Midwest, which is behind the 70-story, 348-unit One Bennett Park in Chicago’s Streetervill...Read more
Women: The Underrepresented Fund Managers
Morningstar, Inc., which offers independent research and analysis on stocks and funds, has dismal ne...Read more
JLL: Merry News for the Retail Sector
JLL released its Q3 2016 "Retail Outlook" report, just in time for the holiday season. The main take...Read more
LaSalle Investment to Pay $147M for Troubled Asset
LaSalle Investment Management agreed to pay about $147 million to special servicer LNR Partners for ...Read more
A 22K-SF Target Coming to Oak Park
Target Inc. is planning its first store in Oak Park, IL. But the Minneapolis-based retailer isn’t ...Read more
JLL Report: Construction Will Contract
Construction proved to be very strong across all product types in Q3 2016. Twelve million square fee...Read more
Jordan Brand Flagship Building Sells for $44M
Thor Equities sold its Jordan Brand flagship building in Chicago’s South Loop for $44.2 million. T...Read more
Senior Housing/Library Planned for Chicago’s North Side
In an attempt to find money for a public library on the far north side of Chicago, the Chicago Housi...Read more
Helmut-Jahn Building to Sell for $30M
A Helmut Jahn-designed building in Evanston, IL is under contract for $30 million. The amount is thr...Read more
R2 & Walton Street Pay $86M for Loft Offices
Chicago investors R2 Companies and Walton Street Capital snagged six loft office buildings in Chicag...Read more
Mesa West Originates $145M Loan on Chicago MF
Mesa West Capital originated $145 million in structured debt to recapitalize and stabilize 1000 Sout...Read more
OCC Signs 105K-SF Lease at The Franklin
Equity derivatives clearing organization OCC has signed a long-term lease for 105,000 square feet of...Read more
Apple Construction Underway – For $62M
Apple’s latest endeavor in Chicago will consist of 20,000 square feet at 401 N. Michigan Ave. The ...Read more