Illinois

$59.8M in financing secured for Chicago multi-housing development

JLL Capital Markets announced today that it has arranged the $59.8 million construction financing for 741 North Wells, a shovel-ready, 21-story, 168-unit, Class-A multi-housing project with…

Peak Properties tapped to manage 216 apartments including condominium association

Peak Properties, LLC has been tapped to take over management of 144 apartments plus the associated master condominium association units at Old Orchard Residences and…

Mesirow’s Ben Blakney named one of Savoy’s 2022 Most Influential Black Executives in Corporate America

Mesirow President of Institutional Real Estate Direct Developments Ben Blakney was named one of Savoy Magazine’s 2022 Most Influential Black Executives in Corporate America. Savoy, one of…

Marcus & Millichap brokers $9.2 million industrial sale in Gurnee

Marcus & Millichap has brokered the $9.2 million absolute net lease sale of an 81,893-square-foot Class-A industrial facility at 1111 Lakeside Drive in Gurnee. Located…

Your 2022 Illinois Real Estate Journal Award Winners announced:

On July 13, REjournals hosted the 3rd Annual 2022 Illinois Real Estate Journal Awards at Hyatt Regency O’Hare Chicago. With nearly 700 CRE professionals in…

Marcus & Millichap arranges sale of a net-leased gas station property in Marshall

Marcus & Millichap announced the sale leaseback of a 5,784-square-foot net-leased Shell fuel station & convenience store located in Marshall, according to Joe Powers, regional manager…

Bridge Industrial achieves net-zero emissions for primary operations in 2021

Bridge Industrial showcases dedication to comprehensive and accelerated portfolio-wide decarbonization by committing to ULI Greenprint, reaching net-zero status for primary operations, and embracing strategies to…

CBRE to market large North Shore mixed-use redevelopment opportunity

CBRE is bringing to market a 37.5-acre mixed-use redevelopment opportunity in Deerfield. Tony Gange, Matt Ishikawa, Brain Buckingham, and Tom Svoboda have been retained to…

Multilevel industrial: Nowhere to go but up for O’Hare

Demand is soaring to new heights near O’Hare. Literally. According to a new report by Marcus & Millichap, the need to build up is not…

High Fidelity Property Management hires senior property manager

High Fidelity Property Management has added Louis Paschos as senior property manager. With 1,000 units under management, Paschos is tasked with managing client relationships, business development,…

Illinois

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