NAREIT names new chairman
The National Association of Real Estate Investment Trusts in early November announced the election of its 2017 officers, as well as the members of its…
Midwest
Want to move to Canada following a Trump win? You’re not alone
It's a common threat during any presidential election: "If the other candidate wins, I'm moving to Canada." Turns out, though, Canada wasn't the only foreign…
Fewer commercial construction starts in Chicago area this year
Commercial construction starts -- including in the industrial sector -- continues to lag 2015's totals in the Chicago area, according to the latest research from…
A merry holiday season for retailers? JLL is predicting one
How active will holiday shoppers be this season? JLL has some good news for retailers: The company in its latest report predicts that holiday sales…
Chicago industrial market celebrates another strong quarter
The Chicago area continues to prove that it's one of the dominant CRE markets in the Midwest. A big part of this? The city's ever-improving…
An inside look at how this trio of CRE veterans came to form Monarch Realty Partners
Veteran industry professionals, Bill Baumann, Brian Semel, and Michael Anguiano aren’t your average trio of investment sales brokers. Not long ago, the three worked together…
Academy Sports + Outdoors opens first store in Illinois
The firm began work on the property in the third week of May and continued with an aggressive schedule that enabled them to turnover the…
KeyBank secures $47.6M financing for Naperville apartment community
Todd Linehan of Key's Commercial Mortgage Group arranged the 10-year, fixed rate, interest-only loan through a correspondent life company relationship. The financing was used to…
Westmore Apartments in Lombard, Illinois, sell for $29.25 million
The property sold for $29.25 million by a Chicago-based private seller, and the buyer was Axiom Westmore, LLC., based in Lincolnshire, Illinois.
Joint venture recapitalize Chicago Loop office building, Two North LaSalle
HEARN and funds managed by affiliates of Fortress Investment Group have agreed to recapitalize the property to fund building improvements, amenity upgrades and costs associated…