Illinois

New Opportunity Zone regulations may divert some funds from real estate

The U.S. Treasury has disclosed its highly anticipated Opportunity Zone regulations. The new guidelines are intended to give greater tolerances to Qualified Opportunity Funds (QOF)…

V3 Companies hosts Mini Masters event

V3 Companies threw a successful “Mini-Masters" client appreciation event on April 11th, 2019. As the name suggests, the event is held on the Thursday of…

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…

33 Realty sells Bay View Apartments in Machesney Park

33 Realty has arranged the $3,925,000 sale of Bay View Apartments, a two-story apartment property within the Rockford metro area, located at 238 Northway Park…

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,"…

Jon Bryn joins Victor Construction as a senior project manager

Jon Bryn has joined Schaumburg, Illinois-based general contractor Victor Construction Co., Inc. as a senior project manager. An accomplished and versatile project manager and a…

Higher Grounds Education purchases new location in Naperville

D.B.J Corporation has sold the former Alder School daycare facility located at 5051 Ace Lane in Naperville, Illinois to Higher Ground Education, based out of…

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.

Illinois

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