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IllinoisFinanceOffice

Fulton Market spec office project secures $30 million loan

JLL’s capital markets team has arranged $30.684 million in financing for 601-609 W. Randolph, which comprises a five-story historic office building and the development of…

IllinoisFinanceMultifamily

JLL secures $100M+ in capital for Fulton Market development

JLL Capital Markets has capitalized the development of a 278-unit, fully-amenitized apartment tower at 1400 Randolph Street in Chicago’s vibrant West Loop neighborhood and booming…

IllinoisHospitalityMultifamily

Sterling Bay, Magellan Development break ground on mixed-use Michigan Avenue tower

Sterling Bay and Magellan Development Group broke ground on 300 N Michigan Avenue, a brand-new 47-story tower located between Millennium Park and the Chicago Riverwalk.…

A rise in office vacancies could point to a diversifying Chicago Loop

Some employees have returned to their Loop offices, but many are still working remotely. This could be the trailhead for a long-term trend, with more…

Mixed-use Uptown development receives financing

CEDARst Companies has secured financing for The Draper at 5050 N. Broadway, a mixed-use development project in Chicago's Uptown neighborhood. The recent closing allows CEDARst…