Multifamily N Illinois
Fifield’s NEXT Apartments in Chicago earns environmental awards

Fifield’s NEXT Apartments in Chicago earns environmental awards

Last month, Chicago-based Fifield Realty Corp., the development arm of Fifield Companies, celebrated the one-year anniversary of NEXT Apartments – its 28-story, 310-unit rental tower in Chicago’s River North neighborhood. The luxury high-rise, which opened in September of 2016 and is now 97-percent leased, has earned Three Green Globes certification from the Green Building Initiative (GBI), a commercial building certification equivalent to LEED Gold.

CRE N Illinois
Chicago’s Draper and Kramer earns Top Workplace honor

Chicago’s Draper and Kramer earns Top Workplace honor

Chicago-based full-service real estate firm Draper and Kramer, Incorporated, has been awarded a 2017 Top Workplace honor by the Chicago Tribune. The annual Top Workplaces list is based on results of an employee feedback survey, administered by an independent research firm, that measures multiple aspects of workplace culture.

CRE N Illinois
RubinBrown expands to Chicago

RubinBrown expands to Chicago

RubinBrown LLP, the nation’s 46th-largest accounting and business-consulting firm, is joining together with Chicago-based FLS Group, LLC effective Dec. 1. This combination will allow RubinBrown to grow its national real estate practice with a larger presence in the Midwest market.

Office N Illinois
Proper Title expands in Chicago

Proper Title expands in Chicago

Palatine, Illinois-based Proper Title, LLC, a full-service title insurance agency, expanded in Chicago with the opening of a new office at 2323 N. Damen Ave., near the intersection of Fullerton and Damen avenues in the Bucktown neighborhood.

Industrial N Illinois
New infrastructure to open O’Hare submarket

New infrastructure to open O’Hare submarket

The O’Hare market is known for being tight and expensive, but NAI Hiffman’s Brian Colson said that he expects this to change in the coming year thanks to a new project by the Illinois Tollway. That project has the goal of making infrastructure more efficient, and could have a significant impact on the O’Hare submarket.

Finance N Illinois
Tax overall could mean big changes for developers working affordable housing, historic properties

Tax overall could mean big changes for developers working affordable housing, historic properties

For those concerned with recent proposals to overhaul the nation’s tax code, it can feel like they’re dealing with a giant pile of what-if and if-then scenarios. The proposals from the House and Senate aren’t winning over everyone, but do they ever? But within the tax bill lie a few key components that are important for the commercial real estate industry in Chicago. This includes changes to the New Markets Tax Credit program and the federal Historic Tax Credit program.