Chicago

Breneman Capital sells 12-unit apartment building in Chicago’s Avondale neighborhood

Breneman Capital in January sold an apartment property at 3507-3511 N. Elston Ave. in Chicago. The property was built in 2009 and consists of 12…

JLL Capital Markets provides $45 million refinancing for VUE53 at University of Chicago

JLL Capital Markets has arranged the $45 million refinancing for Vue53, a 267-unit/403-bed student housing community at the University of Chicago in Chicago. JLL worked on…

KeyBank provides $34.3 million of financing for rehab of six low-income apartment buildings in Chicago

KeyBank Community Development Lending and Investment provided $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the substantial…

“Survive until ’25?” At Chicago Forecast conference it’s “Do more in ‘24”

It’s a common refrain among commercial real estate professionals today: “Survive until ’25,” meaning do what you can to get through 2024 and expect better…

DarwinPW Realty closes disposition of 93,911-square-foot industrial property in Chicago

DarwinPW Realty/CORFAC International vice president Terry Lynch represented JLO Metal Products in its disposition of a 93,911-square-foot building at 5841 W. Dickens Ave. in Chicago…

Time Equities, JK Equities and Oak Capitals begin pre-leasing at Chicago’s 73-story 1000M

Co-developers Time Equities, Inc., JK Equities (JKE) and Oak Capitals have officially commenced pre-leasing apartments at 1000M, a 73-story residential tower on Michigan Avenue at…

Chicago chapter of SIOR awards $12,000 worth of scholarships

The Chicago Chapter of the Society of Industrial and Office Realtors (SIOR) and the SIOR Foundation recently awarded its 2023 Len Caldeira Scholarships totaling $12,000…

Navigating 2024: Is Chicago-area industrial construction poised to bounce back?

Throughout 2020 and into 2022, industrial construction was speeding down the proverbial freeway, rolling at 100 miles per hour with few obstacles in sight. Interest…

Cubicles? They’re out. Bedrooms? They’re in Planned office-to-apartment conversions hit record level

It's no secret that the office sector continues to struggle, with Class-B and -C buildings especially battling soaring vacancy rates. Many of these buildings, though,…

Habitat Company vice president named president of Chicagoland Apartment Association BOD

Gina Fortune-Harmon, vice president of market rate management for The Habitat Company LLC, has been named president of the Chicagoland Apartment Association's Board of Directors.…

Chicago

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