Illinois

Draper and Kramer originates $54 million loan for acquisition of Westin Michigan Avenue in Chicago

Draper and Kramer, Incorporated announced that Mark Perkowski, senior vice president with Draper and Kramer’s Commercial Finance Group, arranged a $54 million loan on behalf of Vinayaka Hospitality for…

Chicago office of CBRE names vice chair

John Parrett has been promoted to Vice Chair at the Chicago office of CBRE, the highest rank for CBRE professionals within the company. A member…

Mid-America Real Estate Corporation closes sale of 580,477-square-foot retail property in Orland Park

Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of Orland Park Place, a regional retail center strategically located along the primary commercial corridor…

Cushman & Wakefield awarded office-leasing assignment for NBC Tower in downtown Chicago

Cushman & Wakefield has been awarded the office leasing assignment for NBC Tower in downtown Chicago. The historic 37-story Class-A property at Cityfront Center serves…

Marcus & Millichap closes sale of two-property industrial portfolio in Illinois, Indiana

Marcus & Millichap brokered the sale of a two-property industrial portfolio located in Princeville, Illinois, and Lafayette, Indiana. The portfolio sold for $4 million. Peter Doughty and Brandon…

Chicago’s Kiser Group promotes two to director position

Chicago's Kiser Group promoted Jacob Price and Katie LeGrand from Advisors to Directors. Their promotions reflect not only exceptional performance, but also the genuine care,…

Chicago apartment rents fall in November, but still outpacing national averages

The average apartment rent in Chicago took a dip this November, according to the latest research from Apartment List.

Interra Realty closes sale of two multifamily buildings in Northwest Chicago

Interra Realty facilitated the sale of two value-add multifamily buildings in the northwest Chicago area totaling $4.65 million. The two-building, 16-unit 1860-1900 N. Parkside Drive…

Venture One Real Estate acquires 97,073-square-foot industrial building in Tinley Park

Venture One Real Estate through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of a 97,073-square-foot multi-tenant industrial building located at…

Inland Real Estate Group names CEO, president

Oak Brook, Illinois-based The Inland Real Estate Group, LLC appointed Lou Kruk to Chief Executive Officer and President of its institutional asset management platform, Inland…

Illinois

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