Crain’s Chicago Business Local developer Mike Reschke is said to be paying about $25 million for the 815,074-square-foot office property at 55 West Monroe St in Chicago’s Central Loop neighborhood The price would represent roughly a 90%...
Crain’s Chicago Business Anemone Real Estate has paid $23 million, or $323,943/unit, for the 71-unit 20West apartments in Mount Prospect, Ill, a northern suburb of Chicago The Wheeling, Ill, investor acquired the six-story property, at 20 West...
For the first time since 2012, no office space is under construction in Chicago, according to Newmark, and only one office property was brought online during the first...
Commercial Real Estate Direct Staff Report Dwight Capital has originated a $114 million loan under the US Department of Housing and Urban Development’s 221(d)(4) program for the conversion of the 435,629-square-foot office property at 100 East...
Commercial Property Executive Titan Development has broken ground on Compark470, a two-building industrial property with 133,133 square feet in Parker, Colo The Albuquerque, NM, developer is building the property at the intersection of Compark...
Tampa Bay Business Journal Allen Morris Co has lined up a $43 million construction loan for Bayside North, a 96‑unit apartment project in Sarasota, Fla Affinius Capital of San Antonio and Axonic Capital of New York were the lenders The Coral...
Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
South Florida Business Journal An affiliate of North American Development Group has lined up $10547 million of construction financing for Nuvo Midtown Boca, a 294‑unit apartment project in Boca Raton, Fla A lending group led by US Bank provided...
Affinius Capital and Axonic Capital have partnered to provide $43 million of construction financing to fund the 104-unit second phase of the Bayside Sarasota apartment project in the Gulf Coast city of Sarasota, Fla The seven-story building is being...
Multi-Housing News Deutsche Bank has provided a $741 million loan for the multifamily conversion of the 126,000-square-foot Bank of Italy office property in downtown San Jose, Calif The loan was arranged by Cushman & Wakefield on behalf of a...
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