The Real Deal Fortress Investment Group has paid $50 million, or $95,238/room, for Westin O'Hare, a 525-room hotel in Rosemont, Ill., a northwestern suburb of Chicago. The New York investment manager acquired the property from Clarion Partners, also of New ...
The property opened in early 2023 and is 20 miles west of Chicago. It is 94% occupied by tenants that include Lazy Dog Restaurant and Bar, Panera Bread, Veterinary Emergency Group, and Guidepost Montessori.
Crain's Chicago Business Strategic Properties of North America is offering for sale the 196-unit apartment property at 1250 North LaSalle St. in Chiago's Gold Coast neighborhood. The Lakewood, N.J., investment firm hired Newmark to market the property, which it bought ...
Crain's Chicago Business RPM Living has paid $102 million, or $346,938/unit, for Orland Ridge, a 294-unit apartment property in Orland Park, Ill., a southern suburb of Chicago. The Austin, Texas, multifamily investor bought the property from its developer, a venture ...
Chicago Business Journal Octave Holdings and Investments has paid $29 million, or $168.60/sf, for Randal Square, a 172,000-square-foot retail center in Geneva, Ill., a western suburb of Chicago. The Alpharetta, Ga., company acquired the property from Viking Partners, which bought ...
Crain's Chicago Business Vista Property Group is offering for sale 3Eleven, a 245-unit apartment property in Chicago. The New York investment firm hired Newmark to market the property, which it bought in 2023 for $76 million. The property is encumbered ...
Commercial Property Executive Ares Management has paid $34.9 million, or $84.74/sf, for the 411,840-square-foot industrial property at 2520 West Haven Ave. in Joliet, Ill., about 42 miles south of Chicago. The Los Angeles investment manager acquired the building from Link ...
REBusiness Online Consolidated Electrical Distributors has agreed to fully lease the 134,360-square-foot industrial property at 710 Foster Ave. in Bensenville, Ill., about 24 miles west of Chicago. The electric equipment wholesaler was represented by NAI Hiffman, while Collier represented the ...
An affiliate of PGIM Real Estate has provided $45 million of financing against the 161-unit Reside on Barry apartment property in Chicago. Northmarq arranged the seven-year loan on behalf of the property's owner, Newcastle Investors of Chicago. It requires only ...
The Real Deal AmTrust has paid $77 million, or $409,574/unit, for the 188-unit apartment building at 220 West Illinois St. in Chicago. The New York investment firm acquired the property from Cortland, which bought it in 2022 for $105 million ...
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