Waterton names SVP in Chicago office
Waterton, a national real estate investor and operator, has appointed Don Larsen as senior vice president of capital program management. Bringing over 30 years of…
Illinois
Peak Properties taking over leasing, management duties at 98-unit apartment building in Chicago
Peak Properties, LLC has taken over leasing and management for The Clark, a 98-unit adaptive reuse of a former office building at 1201 N Clark…
Breneman Capital sells 12-unit apartment building in Chicago’s Avondale neighborhood
Breneman Capital in January sold an apartment property at 3507-3511 N. Elston Ave. in Chicago. The property was built in 2009 and consists of 12…
JLL Capital Markets provides $45 million refinancing for VUE53 at University of Chicago
JLL Capital Markets has arranged the $45 million refinancing for Vue53, a 267-unit/403-bed student housing community at the University of Chicago in Chicago. JLL worked on…
Core Acquisitions wraps shopping center buys totaling 203,000 square feet in Chicago suburbs
An affiliate of Core Acquisitions has completed shopping center acquisitions totaling 203,000 square feet of space in Tinley Park and Schaumburg, Illinois. The seller of…
KeyBank provides $34.3 million of financing for rehab of six low-income apartment buildings in Chicago
KeyBank Community Development Lending and Investment provided $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the substantial…
“Survive until ’25?” At Chicago Forecast conference it’s “Do more in ‘24”
It’s a common refrain among commercial real estate professionals today: “Survive until ’25,” meaning do what you can to get through 2024 and expect better…
DarwinPW Realty closes disposition of 93,911-square-foot industrial property in Chicago
DarwinPW Realty/CORFAC International vice president Terry Lynch represented JLO Metal Products in its disposition of a 93,911-square-foot building at 5841 W. Dickens Ave. in Chicago…
Office market still evolving in response to work from home
While the work from home trend is firmly embedded in the market, the effects are still evolving. It may take a few more years for…
Time Equities, JK Equities and Oak Capitals begin pre-leasing at Chicago’s 73-story 1000M
Co-developers Time Equities, Inc., JK Equities (JKE) and Oak Capitals have officially commenced pre-leasing apartments at 1000M, a 73-story residential tower on Michigan Avenue at…