Chicago

A virtual revolution: How VR can enhance design, for architect and client

Like flying cars and jetpacks, virtual reality (VR) is a technology that languished for years between promise and delivery. While the majority of us still…

MidwestNet Lease

Boulder Group: Interest rate slowdown a boon for net lease market

Expect a boost in net lease sales throughout the rest of the year if the Federal Reserve follows through on its plans to slow interest…

POAH acquires Chicago-area YMCA senior housing properties

Preservation of Affordable Housing (POAH) is acquiring six senior housing facilities financed by HUD and currently owned by YMCA Foundation entities. POAH will continue providing…

Penny Pritzker launches $10M prize targeting Chicago’s South, West Sides

Billionaire philanthropist Penny Pritzker plans to award $10 million in grant money to a real estate project or community investment group. Dubbed “The Chicago Prize,"…

CBRE makes two strategic hires in Chicago

Liz McCleary has been named vice president and Dru Garcia senior associate for CBRE in its Chicago occupier advisory and transaction services group.

Dermody Properties promotes Tim Walsh to CIO in the firm’s Chicago office

Dermody Properties announced that senior leadership member, Tim Walsh, has been promoted to the role of chief investment officer at the company. He is based…

Draper and Kramer hires Jacob Vial as SVP for FHA/HUD lending

Draper and Kramer has hired Jacob Vial as senior vice president in the company’s commercial finance group, overseeing Federal Housing Administration/Housing and Urban Development lending…

CRE taxes hit west side of downtown Chicago hardest

Mid-April may be tax season here in the U.S., but for owners and occupiers of CRE properties, taxes are never far from mind. While Chicago's…

CBRE completes $90 million sale of four-state medical office building portfolio

CBRE closed on 23 medical buildings through three separate transactions totaling approximately $90 million. The deals, sold to separate buyers over the last week, totaled…

Five points of industrial analysis

Institutional investors, developers and users alike are drawn into the industrial vortex, an asset class outperforming all others as the economy continues to shift to…