Crain’s Chicago Business RIG Capital has paid $167 million, or $149,775/unit, for the 1,115-unit Pavilion Apartments in Chicago, near O’Hare International Airport The local investment firm acquired the property, at 5441 North East River...
Denver Business Journal A venture of Wood Partners and EIG EuroInvestor has broken ground on Alta Longmont, a 252-unit apartment property in Longmont, Colo Wood, of Atlanta, and EIG, of Germany, are developing the apartments at 251 East Rogers Road,...
Crain’s Chicago Business A group led by investor Prakash Patel has paid $29 million, or $124,463/room, for the 233-room Homewood Suites hotel in downtown Chicago Patel acquired the property, at 40 East Grand Ave, from Brookfield The hotel was...
PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, NY The property, dubbed The 360, is being developed at 350...
Vedder has agreed to extend its office lease for 163,000 square feet at 222 North LaSalle St in Chicago through 2041 The law firm has been housing its headquarters at the 1 million-sf property since 1988 Tishman Speyer of New York owns the building,...
Crain’s Chicago Business Ansonia Properties has paid $91 million, or $258,522/unit, for Villages at Canterfield, a 352-unit apartment property in Dundee, Ill, a western suburb of Chicago The Chicago real estate firm acquired the property from...
Commercial Real Estate Direct Staff Report The data-center sector’s rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk That appeared to be the consensus among panelists...
The Real Deal KDC has lined up $400 million of construction financing for AT&T’s planned corporate headquarters campus in the Dallas suburb of Plano, Texas JPMorgan Chase provided the financing, terms of which were not known The 54‑acre...
Crain’s Chicago Business Menashe Properties is in talks to pay less than $60 million, or $7643/sf, for the 785,000-square-foot office property at 180 North LaSalle St in Chicago The Portland, Ore, investment firm would be buying the building...
REBusiness Online NorthPoint Development will start work soon on a 428,900-square-foot industrial property within the 90 & Randall Logistics Park in Algonquin, Ill The Kansas City, Mo, developer is building the property at Longmeadow Parkway and...
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