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Berkadia completes sale of multifamily property in Illinois
News 1 month ago
Berkadia completes sale of multifamily property in Illinois
Source RE Journal

Berkadia announced the sale of Nantucket Cove, a 240-unit, garden-style multifamily property in Champaign, Illinois. Managing directors Alex...

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Berkadia provides $100 million of financing for iconic Cleveland tower
News 1 month ago
Berkadia provides $100 million of financing for iconic Cleveland tower
Source RE Journal

Berkadia secured $100 million in financing for Ernst & Young Office Tower, a 23-story office property in downtown Cleveland. Senior managing...

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Friedman leases 35,000 square feet of industrial space near Detroit
News 1 month ago
Friedman leases 35,000 square feet of industrial space near Detroit
Source RE Journal

Friedman Real Estate recently leased 35,400 square feet of industrial space at 41304 Concept Drive in Plymouth, Michigan. The landlord, Skins...

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MBRE names Truszkowski new SVP, managing director of Chicago leasing
News 1 month ago
MBRE names Truszkowski new SVP, managing director of Chicago leasing
Source RE Journal

William “Bill” A. Truszkowski will reportedly join the Chicago office of MB Real Estate as a senior vice president and managing director of its...

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Alter brings Parlor Pizza Bar to Chicago's River North
News 1 month ago
Alter brings Parlor Pizza Bar to Chicago's River North
Source RE Journal

Parlor Pizza Bar has officially opened at 405 N. Dearborn Street in Chicago’s River North district. The eatery will occupy 9,000 square feet on the...

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CA Ventures launches property management company
News 1 month ago
CA Ventures launches property management company
Source RE Journal

Real estate investment holding company CA Ventures announced the expansion of its property management services under a new entity, CA Management...

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Short supply to continue for Chicago's suburban industrial market
News 1 month ago
Short supply to continue for Chicago's suburban industrial market
Source RE Journal

There are no signs of slowing down for industrial assets in Chicago’s suburban submarkets heading into 2019, with tenant activity driving...

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The outlook remains bright for apartment market in 2019
News 1 month ago
The outlook remains bright for apartment market in 2019
Source RE Journal

The long-term outlook for the apartment market? It’s a strong one, thanks to the growing number of Millennials who are creating new households and...

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KeyBank arranges $15 million loan for Michigan apartment building
News 1 month ago
KeyBank arranges $15 million loan for Michigan apartment building
Source RE Journal

KeyBank Real Estate Capital has arranged a $15.7 million Fannie Mae first mortgage loan for Manchester Flats Apartment Homes in Ann Arbor, Michigan...

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GlenStar launches $20M capital improvement program at President’s Plaza
News 1 month ago
GlenStar launches $20M capital improvement program at President’s Plaza
Source RE Journal

GlenStar Properties, LLC and its joint venture partner Angelo Gordon & Co., L. P., have launched a $20 million dollar renovation campaign at the...

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Zacher Company sells 45,000-square-foot industrial building in Indiana
News 1 month ago
Zacher Company sells 45,000-square-foot industrial building in Indiana
Source RE Journal

Fletcher Moppert and Steven Zacher of The Zacher Company represented the seller, Trelleborg Seal, in the sale of a 48,500-square-foot industrial...

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South Shore multifamily development sells for $3.25 million
News 1 month ago
South Shore multifamily development sells for $3.25 million
Source RE Journal

Chicago-based commercial real estate investment services firm Interra Realty brokered the sale of a 61-unit multifamily development at 7131-51 S....

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J.C. Anderson completes build-out for Kia Motors training center in Lombard
News 1 month ago
J.C. Anderson completes build-out for Kia Motors training center in Lombard
Source RE Journal

The build-out included the addition of a new classroom and projector room, expansion of the existing automotive lab, furnishing and installing a...

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Maverick Commercial arranges construction loan for Pilsen office project
News 1 month ago
Maverick Commercial arranges construction loan for Pilsen office project
Source RE Journal

Maverick Commercial Mortgage, Inc. has arranged $33,750,000 in non-recourse bridge and construction funding for Mural Park, a two-building, loft...

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Ben Salomone joins ML Realty Partners
News 1 month ago
Ben Salomone joins ML Realty Partners
Source RE Journal

Rachel Peck, director at ML Realty Partners, announced that Ben Salomone has joined the firm as asset manager in the Itasca, Illinois office....

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Mixed-use development by Lendlease, John Buck and Intercontinental breaks ground in West Loop
News 1 month ago
Mixed-use development by Lendlease, John Buck and Intercontinental breaks ground in West Loop
Source RE Journal

A two-tower 586-unit mixed-use development in Chicago’s burgeoning West Loop, 845 West Madison is slated to open in summer 2020. A two-tower 586...

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FOURMIDABLE to manage Michigan apartment community
News 1 month ago
FOURMIDABLE to manage Michigan apartment community
Source RE Journal

FOURMIDABLE, a national real estate management and brokerage company, was awarded the management contract for Van Dyke Apartments in Sterling...

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Forecasting three corners of commercial real estate for 2019
News 1 month ago
Forecasting three corners of commercial real estate for 2019
Source RE Journal

All throughout 2018, the real estate market was once again buoyed by a virile U. S. economy. There may new challenges in 2019 in the forms of...

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News 1 month ago
"Cheap apartments" tops list of renter searches
Source RE Journal

When renters are looking for apartments, what are they looking for? Not surprisingly, they’re focused on price. That’s one of the takeaways from...

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Luxury condo development 900 West Washington opens in Chicago’s West Loop
News 1 month ago
Luxury condo development 900 West Washington opens in Chicago’s West Loop
Source RE Journal

900 West, a 10-story luxury condominium project by Chicago-based investor and developer Taris Real Estate, has officially opened in Chicago’s West...

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Friedman sells 182,000-square-foot regional shopping mall in Michigan
News 1 month ago
Friedman sells 182,000-square-foot regional shopping mall in Michigan
Source RE Journal

Friedman Real Estate recently sold Alpena Mall, a 182,975-square-foot regional shopping mall at 2380 US Highway south in Alpena, Michigan. Anchor...

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Residence Inn by Marriott opens in downtown St. Paul
News 1 month ago
Residence Inn by Marriott opens in downtown St. Paul
Source RE Journal

The 100-suite Residence Inn by Marriott in St. Paul, Minnesota, opened earlier this month. Located at 200 Grand Ave., the all-suite Residence Inn...

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Westmount Realty acquires 1.43 MSF Midwest industrial portfolio
News 1 month ago
Westmount Realty acquires 1.43 MSF Midwest industrial portfolio
Source RE Journal

Dallas-based Westmount Realty Capital, LLC announced the acquisition of a 1.43-million-square-foot industrial portfolio in Chicago, Cincinnati and...

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IDFPR director Kreg Allison recognized with special achievement award
News 1 month ago
IDFPR director Kreg Allison recognized with special achievement award
Source RE Journal

The Association of Illinois Real Estate Educators (AIREE) honored Kreg Allison, the director of the Division of Real Estate for the Illinois...

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Colliers arranges full-building industrial lease in Rolling Meadows
News 1 month ago
Colliers arranges full-building industrial lease in Rolling Meadows
Source RE Journal

Colliers International | Chicago’s Kelly Joyce and Vern Schultz represented Venture One in its 28,022-square-foot, full-building headquarters lease...

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Colliers closes 32,000-square-foot office sale in Wisconsin
News 1 month ago
Colliers closes 32,000-square-foot office sale in Wisconsin
Source RE Journal

With the help of Colliers International, Heart and Vascular of Wisconsin Properties, LLC purchased 32,000 square feet at 5045 Grande Market Drive...

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Marcus & Millichap facilitates $4.2M sale of apartment community near St. Louis
News 1 month ago
Marcus & Millichap facilitates $4.2M sale of apartment community near St. Louis
Source RE Journal

Marcus & Millichap announced the sale of Copper Creek Crossings Apartments, a 144-unit apartment property located in Belleville, Illinois,...

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Ferrara Candy confirms Old Main Post Office space, will bring 400 jobs to downtown Chicago
News 1 month ago
Ferrara Candy confirms Old Main Post Office space, will bring 400 jobs to downtown Chicago
Source RE Journal

Ferrara Candy, maker of Lemonheads, Nerds and other treats, will move its headquarters from Oakbrook Terrace, Illinois to the Old Post Office in...

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Opus building 218-unit apartment development in Minneapolis
News 1 month ago
Opus building 218-unit apartment development in Minneapolis
Source RE Journal

The Opus Group has started construction for a six-story, 218-unit market-rate apartment building in the North Loop neighborhood of Minneapolis....

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Oak Brook approves new luxury condo development, The Butler
News 1 month ago
Oak Brook approves new luxury condo development, The Butler
Source RE Journal

The Oak Brook, Illinois Board of Trustees has approved The Butler, a development of 90 luxury condominiums located at 1900 Spring Road, directly...

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