State: Illinois - IL

The 1.31 million-square-foot office building at 135 South LaSalle St. in Chicago has been reappraised at a value of only $34 million. Its $100 million loan is one of three left in a 2015 CMBS conduit deal whose A-S class ...

Crain's Chicago Business TLC Management has paid $94.3 million, or $392,917/unit, for AMLI Deerfield, a 240-unit apartment property in the Chicago suburb of Deerfield, Ill. The Chicago investor acquired the property, at 1525 Lake Cook Road, from AMLI Residential in ...

Affinius Capital LLC has provided $130.4 million of financing to fund the construction of a 380-unit apartment property at 1000 West Jackson Blvd. in Chicago's West Loop area. The property is being developed by a venture of Mavrek Development of ...

Santander Bank has provided $71.5 million of financing, while Washington Capital Management has made a $41.8 million equity investment in Commonwealth Development Partners' 500 North Michigan Ave. redevelopment project in Chicago. The Greenwich, Conn., investment manager is converting the 336,500-square-foot ...

Crain's Chicago Business Vinayaka Hospitality is under contract to pay between $20 million and $25 million for the 520-room Wade Hotel in Chicago. The Schaumburg, Ill., company is buying the property, at 644 North Lake Shore Drive, from Park Hotels ...

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., ...

Crain's Chicago Business Stockbridge Capital has paid $86.5 million, or $112.75/sf, for a 767,161-square-foot industrial property at 1125 Remington Blvd. in Romeoville, Ill., about 32 miles west of Chicago. The San Francisco investor bought the warehouse from an affiliate of ...

Commercial Real Estate Direct Staff Report Regions Bank has provided $99.55 million of financing to help fund Fairbourne Properties' $122 million, or $174.29/sf, purchase of the 724,400-square-foot Village Crossing retail property in the Chicago suburb of Skokie, Ill. The loan ...