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City: Chicago

55 West Monroe St.

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% discount to the $243 million that ...

Blackstone Hotel

Vinayaka Hospitality has paid $43.2 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 Fundamental Advisors and Sage Hospitality Group. JLL ...

Pavilion Apartments

R.I.G. 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 Road, from Brookfield Asset Management, which was represented by ...

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