Commercial Property Executive Genworth Financial has provided a $495 million loan against Infor Commons, a 436,478-square-foot office property in St Paul, Minn The financing allows the owner, Frauenshuh of Minneapolis, to retire a $495 million...
Crain’s Chicago Business Prime Finance is under contract to pay about $120 million, or $18039/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago The San Francisco alternative lender is acquiring the property...
Crain’s Chicago Business A venture of Mavrek Development and Acres Capital is planning to convert the 143,000-square-foot office property at 209 West Jackson Blvd in Chicago into 180 apartment units Mavrek, of Chicago, is joining Acres, of...
Crain’s Chicago Business Kohan Retail Investment Group has paid $137 million, or $9133/sf, for Citadel Center, a 15 million-square-foot office building in Chicago The New York company acquired the 39-story property, at 131 South Dearborn St,...
Crain’s Chicago Business AMLI Residential is offering for sale AMLI Deerfield, a 240-unit apartment property in Deerfield, Ill The Chicago developer hired JLL to market the property, which was built in 2015 AMLI Deerfield, at 1525 Lake Cook...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $17176/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix The West Palm Beach, Fla, REIT bought the...
REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
Crain’s Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill The New York investment firm acquired the property, at 23760 West 127th St, from JVM Realty,...
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