Crain’s Chicago Business Barings has provided $1567 million of financing to facilitate Onni Group’s purchase of the 11 million-square-foot office property at 161 North Clark St in Chicago Onni, of Vancouver, British Columbia, paid $125...
Crain’s Chicago Business Riverside Investment & Development has lined up $64 million of mortgage financing under the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 199-unit apartment...
Commercial Real Estate Direct Staff Report Concerns of an oversupply of multifamily units and the impact it might have on property fundamentals have pushed the major apartment REITs to pull back on development in 2026 That’s according to...
Crain’s Chicago Business Standard Real Estate Investments and Belay Investment Group has paid $61 million, or $238,281/unit, for Martin’s Point, a 256-unit apartment property in the Chicago suburb of Lombard, Ill Standard and Belay, both...
Multi-Housing News Mill Creek Residential has broken ground on Modera Woodmont Beach, a 290-unit apartment property in Des Moines, Wash The Boca Raton, Fla, developer is building the property at 26915 Pacific Highway South, about 20 miles south of...
The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $26254/sf, for One Whitehall St in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments The...
Commercial Property Executive Western Realco has paid $407 million, or $30410/sf, for a 133,836-square-foot office property at 600 East Vermont Ave in Anaheim, Calif The Newport Beach, Calif, investment firm acquired it from Rexford Industrial in a...
Commercial Property Executive Hillwood has paid $417 million, or $7524/sf, for 70 Connect II, a 554,228-square-foot industrial property in Greenfield, Ind, an eastern suburb of Indianapolis The Dallas company acquired the property from Lauth Group...
Crain’s Chicago Business Nuveen has paid $27 million, or $29032/unit, for Elston Plaza, a 93,000-square-foot retail center in Chicago The New York investment manager acquired the property, at 3570 North Elston Ave, from DWS Group, which bought...
Commercial Observer Empire State Realty Trust Inc has paid $46 million, or $2,149/sf, for the 21,400 square feet of commercial space at 127 Kent Ave in the Williamsburg section of Brooklyn, NY The New York REIT acquired the space from Joyland Group...
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