Chicago

Mixed-use TOD in Chicago’s Grand Boulevard neighborhood gets financing

Chicago-based The Habitat Company has cleared a key hurdle in financing the first phase of 43 Green, a $35 million mixed-income, mixed-use transit-oriented development (TOD)…

LCM Architects promotes Todd Douglas and Kate Susimilch

LCM Architects announced two promotions within its Chicago office. Todd Douglas, AIA, LEED AP was elevated to partner while Kate Susimilch, AIA, CMCA, AMS, PCAM…

Multifamily owners, brokers and tenants look to adapt

Even as COVID-19 ravages the health of millions, it is also wracking world economies. Stay-at-home orders are forcing everyone in the multifamily realm—owners, lenders, brokers…

Construction begins on Englewood affordable living project

Construction commenced last month on 16 two- and three-flat buildings in a section of Chicago’s Englewood neighborhood. The affordable housing units are the next step…

AECOM completes first phase of McCormick Place’s transformation into alternate care facility

AECOM has completed the first phase of the transformation of Chicago’s McCormick Place into an alternate care facility (ACF) for patients considered COVID-19 positive. Fourteen…

Bridge-to-perm loans make a comeback, providing certainty in uncertain times

Tim Madigan Changing demographics and work concepts are disrupting today’s commercial real estate landscape, compounded by a global pandemic and uncertainty in the geopolitical and…

Brennan completes sale-leaseback of industrial property in Chicago market

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has completed the acquisition and…

How the Chicago Loop has transformed into a place to live and work

Liz Peterson The area known as the Chicago Loop has been a hub of commerce and civic life since the founding of Fort Dearborn in…

Mary Tortorici joins Dermody Properties as vice president, property management

Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics properties, has hired Mary Tortorici as vice…

Chicago-based Klein & Hoffman announces Homa Ghaemi as new CEO

Chicago-based structural engineering and architecture firm, Klein & Hoffman, named Homa Ghaemi its new chief executive officer. Ghaemi steps into the role, while current CEO,…