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Illinois

IllinoisMultifamily

Interra Realty brokers $9.58M multifamily sale in Chicago’s River North neighborhood

Interra Realty facilitated the $9.58 million sale of 943 N. Crosby Street, a 27-unit rental community in Chicago’s River North neighborhood. The price per unit,…
July 23, 2020
IllinoisCRE

Sevan announces appointment of two new board members

Downers Grove, Illinois-based Sevan Multi-Site Solutions, Inc. announced the appointment of two new board members to the company’s board of directors. Jim Blayney and Frank…
July 23, 2020
IllinoisRetail

Chicago retail recoups some losses in the second quarter

With more than 560 million square feet, the Chicago market lays claim to the second-largest inventory of retail product in the nation. Though pandemic shutdown…
Matt Baker July 22, 2020
IllinoisFinanceMultifamily

Lodge Financial secures financing for Des Plaines multifamily property

Lodge Financial recently organized a $2 million acquisition loan for 1385 Brown Street in Des Plaines, Illinois. Matt Bowker, a founding partner and principal of…
July 22, 2020
IllinoisMultifamily

Farpoint and Golub reveal upgrades to Bronzeville rental property, Prairie Shores

The owners of Prairie Shores apartments in Chicago—Farpoint Development and Golub & Company—have announced plans for a new resident clubhouse on the campus of the…
July 22, 2020
IllinoisIndustrial

TradeLane Properties acquires two light industrial buildings in Naperville

TradeLane Properties, through its Chicago-focused, value-add industrial platform, TradeLane Properties Fund I, has closed on two buildings in Naperville, Illinois, within Chicago’s I-88 corridor submarket.…
July 22, 2020
IllinoisCRE

Manulife Investment Management taps Christine Choi Moore for Midwest asset management role

Effective immediately, Christine Choi Moore is appointed Manulife Investment Management’s director, asset management for the Midwest U.S. region. Moore has been part of the Chicago-based…
July 22, 2020
IllinoisHospitality

CBRE Hotels arranges sale of Marriott Chicago Northwest in Hoffman Estates

CBRE Hotels acted as advisor for the seller on the recent sale of the Marriott Chicago Northwest located in Hoffman Estates, Illinois. The Marriott Chicago…
July 22, 2020
IllinoisOffice

J.C. Anderson to complete 150,000-SF, multi-floor renovation in the Loop

J.C. Anderson has been selected to complete a 150,000-square-foot office renovation for West Monroe Partners at 311 W. Monroe Street in Chicago. Construction is slated…
July 22, 2020
IllinoisMultifamily

New name and new look for Fifield Cos.’ Westerly luxury apartment development in Chicago’s River West

Chicago-based developer Fifield Cos. announced the name Westerly for its development at 740 N. Aberdeen Street in Chicago’s River West neighborhood. Opening this fall, the…
July 22, 2020
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