News Brief

Hines partners with Workwell to expand digital connectivity within buildings

Hines announced a new partnership with Paris-based Workwell to introduce a new digital experience in its buildings. Mobile applications help us navigate nearly every part…

Renovations underway on 300-room Deerfield hotel

Leopardo recently began a 230,000-square-foot renovation of the Hyatt Regency hotel in Deerfield, Illinois. Chicago-based Phoenix Development Partners has made a $33 million investment to…

Black Gate Partners sells 216,000-square-foot shopping center in Lexington

Black Gate Partners sold Southpark Shopping Center, a 216,235-square-foot power center in Lexington, Kentucky, for $25.45 million.

Boulder Group sells Family Dollar in Indiana

The Boulder Group closed the sale of a single-tenant Family Dollar at 1320 Vann Ave. in Evansville, Indiana, for $616,216.

MissouriOffice

Copaken Brooks finds new home for Kansas City law firm

Knight Nicastro, a full-service ligitation firm, is moving this January to a new office in the library district of downtown Kansas City.

MichiganFinance

KeyBank provides $17 million in financing for Michigan affordable housing

KeyBank provided and arranged a total of $17.4 million in Low-Income Housing Tax Credit financing to Full Circle Communities for the construction of Selinon Park…

Bridge Development plans first spec industrial facility in Bedford Park in over a decade

Bridge Development Partners, LLC has acquired a former perfume manufacturing facility in Bedford Park, Illinois, with plans to immediately demolish the existing structure and construct…

Aries Capital closes $7M refi loan for Downers Grove property

Chicago-based Aries Capital Partners arranged a $7.05 million bridge loan for the refinance of the Comfort Inn located at 3010 Finley Road in Downers Grove,…

Lexington Village in Chicago’s Avondale neighborhood starts sales

Chicago-based Lexington Homes, which is developing five townhome and single-family rowhome communities throughout Chicagoland, has announced the start of sales at Lexington Village at Avondale,…

United States Alliance Fire Protection acquires K&S Automatic Sprinklers

Lake Forest, Illinois-based United States Alliance Fire Protection (USAFP), the largest full-service fire protection solution provider in the Midwest, has acquired K&S Automatic Sprinklers Inc.…