News Brief

JLL Capital Markets closes sale of 160,330-square-foot retail center in Hillside

JLL Capital Markets secured the sale of Hillside Town Center, a regionally dominant 160,330-square-foot open-air retail center in Hillside, Illinois, within the Chicago MSA. JLL represented…

BWE provides more than $33.5 million in financing for 130-home build-to-rent community in Oak Creek

BWE secured more than $33.5 million in permanent financing for Heyday Oak Creek, a 130-home, market rate, build-to-rent community in Oak Creek, Wisconsin, part of…

Kraus-Anderson wraps $3.5 million renovation of Clover Shopping Center in Bloomington

Kraus-Anderson completed a $3.5 million renovation of Clover Shopping Center on W. 98th St. in Bloomington, Minnesota. Owned by Engelsma Limited Partnership and designed by Tanek,…

Ebenezer breaks ground on senior cooperative in Oakdale

Ebenezer Development broke ground on Estoria Cooperative Oak Marsh, a new senior cooperative in Oakdale, Minnesota. Estoria Cooperative Oak Marsh, located next to Oak Meadows…

Minneapolis’ Hempel Real Estate names VP, promotes three additional employees

Hempel Real Estate added Kris Hansen as Vice President of Asset Management and promoted three employees into new roles to support the company’s investment and…

JLL Capital Markets provides $1.2 billion refinaning package for regional shopping center in Dallas

 JLL’s Capital Markets Group arranged a $1.2 billion refinancing package for NorthPark Center, a Class A++ super-regional shopping center in Dallas, Texas. JLL represented the borrower, NorthPark…

Pegasus closes disposition of eight-building multifamily portfolio in Rogers Park neighborhood

Pegasus closed the disposition of a rare eight-building, 94-unit multifamily portfolio in Chicago’s Rogers Park neighborhood. The portfolio traded for $10.8 million to a seasoned local operator…

Marcus & Millichap brokers sale of 24-unit retail center in Dallas

Marcus & Millichap closed the sale of Abrams Forest Shopping Center, a 24-unit retail strip in Dallas, Texas. Philip Levy, investment specialist in Marcus &…

Chicago’s Essex Three-Twelve adds managing broker

Chicago's Essex Three-Twelve, LLC announced that Niko Apostal has joined the firm as Managing Broker. Apostal, former founder and principal broker of Niko Collaborative and co-founder of Keller…

Chicago’s Cawley Commercial Real Estate adds research analyst

Cawley Commercial Real Estate congratulates Matthew Elich on joining the firm as a Research Analyst. Elich earned his Bachelor of Business Administration in Marketing from…

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