City: Evanston

Crain's Chicago Business Draper & Kramer is under contract to pay $126 million, or $470,149/unit, for the 268-unit Albion Evanston apartment property in the Chicago suburb of Evanston, Ill. The local developer is buying the property, at 1500 Sherman Ave., ...

Commercial Real Estate Direct Staff Report Apartment Investment and Management Co., or Aimco, which is looking to proceed with its liquidation, has agreed to sell seven suburban Chicago apartment properties with 1,495 units for $455 million, or $304,347/unit. The Denver ...

Commercial Real Estate Direct Staff Report PGIM Real Estate has provided $50 million of financing against Trulee Evanston, a seniors-housing property with 160 units in Evanston, Ill. The loan, which pays a floating-rate coupon, was arranged on behalf of the ...

The Real Deal A venture led by Parag Patel has paid $18 million, or $101,000/room, for the 178-room Hilton Garden Inn in Evanston, Ill. The local hotel investor acquired the property from Magna Hospitality Group of Warwick, R.I., which bought ...

Crain's Chicago Business Riverside Investment & Development is offering for sale The Main, a 112-unit apartment property in Evanston, Ill. The Chicago company has hired CBRE to market the property, at 847 Chicago Ave., about 13 miles north of Chicago. ...

The Real Deal PGIM Real Estate has provided $75 million of financing against Park Evanston, a 282-unit apartment property in Evanston, Ill. The loan allows the property's owner, New York Life Insurance, to take out an $88 million mortgage that ...

Crain's Chicago Business TLC Management has acquired Centrum Evanston in Evanston, Ill., in a deal that values the 103-unit apartment property at $45.4 million, or $440,776/unit. The Chicago company purchased the apartments from John McLinden and Arthur Slaven. The buyer ...