David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Des Plaines
Greystone Writes $115Mln Freddie Loan Against Suburban Chicago Apartment Property
Multi-Housing News Greystone has provided a $115 million Freddie Mac loan against Courtlands on the Park, a 918-unit apartment property in Des Plaines, Ill., a northern suburb of Chicago. The five-year loan requires only interest payments for its first three ...
Work to Start on Industrial Property Near Chicago
REBusiness Online Logistics Property Co. is breaking ground this month on the 171,600-square-foot industrial property at 424 Howard Ave. in Des Plaines, Ill., about 18 miles northwest of Chicago. The Chicago developer expects the property to be completed in the ...
Des Plaines, Ill., Hotel Sells for $20Mln
Crain's Chicago Business Parag and Kevin Patel have paid a little more than $20 million, or $111,111/room, for Courtyard Chicago O'Hare, a 180-room hotel in Des Plaines, Ill. The investors acquired the property from Grapevine. Midland States Bank provided $16 ...
Ellison Apartments
Ellison Apartments is encumbered by a $25 million loan that CrossHarbor Capital Partners Insurance Co. provided in 2021.
JVM Realty Paid $30Mln for Des Plaines, Ill., Apartment Property
Crain's Chicago Business JVM Realty Corp. paid $30 million, or $265,486/unit, for the 113-unit Ellison Apartments in Des Plaines, Ill. The Oak Brook, Ill., investment manager purchased the property from Opus Group in a deal brokered by CBRE. A previous ...
JVM Realty Acquires Suburban Chicago Apartment Property
Multi-Housing News JVM Realty Corp. has acquired the Ellison Apartments, a 113-unit apartment property in Des Plaines, Ill. The sales price could not yet be learned. The Oak Brook, Ill., investment manager purchased the property from Opus Group in a ...
Plastics Company Leases 87,703-SF Industrial Property Near Chicago
REJournals Advanced Plastic Corp. has agreed to fully lease the 87,703-square-foot industrial property at 1723-1757 Marshall Drive in Des Plaines, Ill. Lee & Associates brokered the deal between the plastics company and the owner of the property, DRA Advisors. The ...
Park Ridge Commons
Bayshore Properties has paid $117 million, or $155,585/unit, for Park Ridge Commons, a 752-unit apartment property in Des Plaines, Ill.
Buckingham Place
The 601W Cos. has paid $86 million, or $322,097/unit, for Buckingham Place, a 267-unit apartment property in Des Plaines, Ill. The New York investment firm purchased the six-story property from its developer, Wingspan Development of Prospect, Ill.
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