Chicago

Former Chicago Alderman Manny Flores to helm SBA lender SomerCor

SomerCor, a Chicago-based Small Business Administration (SBA) Certified Development Company (CDC), has appointed Manuel “Manny" Flores as president and chief executive officer. Flores takes the…

Sterling Bay acquires Lurie Hospital research institute in Lincoln Park

Sterling Bay continues its acquisition of Chicago properties with the announcement that it has purchased the Stanley Manne Children's Research Institute located at 2430 N.…

B+E opens Chicago office, names Tim Hain as founding senior member

B+E, a tech-driven brokerage and trading platform for net lease real estate, announced the opening of its Chicago office and the hiring of Tim Hain…

REIA and DePaul University host annual State of the Industry Summit

REIA and DePaul University recently held their 14th Annual State of the Industry Summit. The theme for this year's event was based on the Mid-Year…

Industrial veteran John Morris to join CBRE as Americas industrial, logistics leader 

Veteran industrial real estate leader John Morris will join CBRE in November 2019 as the Americas industrial and logistics (I&L) leader.

AIA Chicago recognizes architectural excellence at Designight

The Chicago chapter of the American Institute of Architects (AIA Chicago) honored exceptional architectural projects at Designight 2018, the organization's 63rd annual Design Excellence Awards…

Summit Design + Build breaks ground on 1040 W. Fulton

Chicago-based general contractor, Summit Design + Build, LLC, hosted a groundbreaking event October 24th to celebrate the start of construction at 1040 West Fulton. When…

Interra Realty promotes Craig Martin to managing partner

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it has promoted Craig Martin to managing partner, from director. In addition, the firm…

Seven-property Chicago industrial portfolio sells for $38M

A seven-property industrial portfolio totaling 447,059 square feet recently sold in the Chicago MSA for $38 million. Holliday Fenoglio Fowler, L.P. (HFF) marketed the portfolio…

Q&A with James Keledjian, principal at Pathway to Living

In a recent survey of senior housing investors, nearly two-thirds of respondents expected the size of their portfolios to swell over the next 12 months.…