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
State: Illinois - IL
161 North Clark St.
It is 89% leased.
1,115-Unit Apartment Property in Chicago Sells for $167Mln
Crain's Chicago Business 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 ...
Park Towers Apartment Homes
Park Towers has a mix of one- and two-bedroom units ranging from 770 to 910 square feet, with monthly rents averaging $1,531. It is 94% leased. The property includes fitness and business centers, laundry facilities, and a playground. The new ...
Hotel in Downtown Chicago Sells for $29Mln
Crain's Chicago Business A group led by investor Prakash Patel has paid $29 million, or $124,463/room, for the 233-room Homewood Suites hotel in downtown Chicago. Patel acquired the property, at 40 East Grand Ave., from Brookfield. The hotel was built ...
Law Firm Extends 163,000-SF Office Lease in Chicago
Vedder has agreed to extend its office lease for 163,000 square feet at 222 North LaSalle St. in Chicago through 2041. The law firm has been housing its headquarters at the 1 million-sf property since 1988. Henry Crown & Co. ...
Suburban Chicago Apartment Property Sells for $91Mln
Crain's Chicago Business Ansonia Properties has paid $91 million, or $258,522/unit, for Villages at Canterfield, a 352-unit apartment property in Dundee, Ill., a western suburb of Chicago. The Chicago real estate firm acquired the property from VennPoint Real Estate, which ...
Flats at Gladstone
A venture of Eastham Capital and Bender Cos. has paid $24 million, or $142,857/unit, for Flats at Gladstone, a 168-unit apartment property in the Chicago suburb of Glendale Heights, Ill. Eastham, of Boca Raton, Fla., and Bender, of Chicago, acquired ...
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