Illinois
Empty Chicago Hospital Could be Reborn
Cook County Hospital in Chicago, which has been vacant for more than a decade, could have a future l...Read more
Beauty Products Distributor Inks Deal in Mount Prospect, IL
Fromm International, a marketer of supplies to the professional beauty industry, has signed a long-t...Read more
Bensonville IL MF Owner Obtains $44M Refi
YB Partners, owner of the 571-unit York Brook Apartments in Bensonville, IL, has obtained $44 millio...Read more
Unfinished Tower Could Sell for $900M
Chicago developer John O’Donnell has retained Eastdil Secured to sell a 1.2-million-square-foot to...Read more
NorthMarq Arranges $42M Refi for 509-Unit Asset
NorthMarq Capital arranged a $42.2 million refinancing loan on behalf of Village Green, for the 509-...Read more
$125M Refi Obtained for Tides at Lakeshore East
Partners AFL-CIO Building Investment Trust and Magellan Development Group have successfully obtained...Read more
Chicago Post Office Under Contract – Again
The saga of Chicago's abandoned Old Main post office continues. The property’s British owner, deve...Read more
Equity Office hires Paul Kurzawa
Equity Office, a wholly owned subsidiary of Blackstone, hired Paul Kurzawa as managing director of d...Read more
Christian Ulbrich Promoted to JLL President
In a move to separate leadership roles, Chicago-based Jones Lang Lasalle (JLL) has promoted Christia...Read more
Logistics, Distribution To Cool in ’16, Says JLL
According to Jones Lang LaSalle’s (JLL) second annual Global Logistics Sentiment Survey, although...Read more
Davies to Chicago: I Want the Post Office
Days after the city of Chicago moved to seize control of Chicago’s Old Main Post Office for redeve...Read morePost Office Re-Development Taken Over by City
Years after developer Bill Davies acquired the Old Main Post office in Chicago with plans for redeve...Read more
Purple Hotel Site Developer Hit with $11M Foreclosure
North Capital Group, which planned to redevelop the former site of the Purple Hotel at 4500 W. Touhy...Read more
50-Story Chicago Residential High-Rise Sells for $240M
Convexity Properties of Chicago, owned by developer Don Wilson, has reportedly sold the 398-unit, 50...Read more
American Realty Advisors Buys 604,000-SF I-88 Gateway Logistics
American Realty Advisors has acquired the I-88 Gateway Logistics Center, a 604,565-square-foot indus...Read more
$36M Loan Okayed for New Chicago Marriott
Associated Bank and Inland Bank have reportedly teamed up to provide $36 million in financing for co...Read more
600-Unit North Harbor Tower Under Contract to Miami Buyer
Crescent Heights of Miami, FL, an active buyer of multifamily properties in Chicago, has reportedly ...Read more
Associated Bank Completes $19M Loan for Retail Center
Associated Bank has closed on a $19.3 million loan for land acquisition and construction of a 73,317...Read more
$1B Related Cos. Fund Spurs Major Investor Interest
The Related Cos. intended to raise $850 million for a new operator-sponsored opportunity fund, but...Read more