Chicago, on Lake Michigan in Illinois, is among the largest cities in the U.S. Famed for its bold architecture, it has a skyline punctuated by skyscrapers such as the iconic John Hancock Center, 1,451-ft. Willis Tower (formerly the Sears Tower) and the neo-Gothic Tribune Tower.
Tag: Chicago Illinois
Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St.,...
Castle Lanterra sells Midpointe Apartments in Chicago for $49.5 million
Castle Lanterra Properties (CLP) today announced the sale of Midpointe Apartments, a 424-unit multifamily property in Chicago’s southwestern corner, to a well-known fund manager....
Marcus & Millichap brokers $29.25 million sale of 400-bed student housing community in Champaign,...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...
CA Ventures plans $500 million investment in European housing
Chicago-based CA Ventures today announced plans to invest $500 million over the next five years in the European housing market, specifically across the purpose-built student housing and multifamily apartment sectors. A vertically integrated owner, developer and operator of...
M/I Homes grand opens new model townhome at Brentwood in Barrington, Ill.
M/I Homes, one of the most active builders in the Chicago area, announces the unveiling a new decorated townhome model at Brentwood, its new...
Evergreen Real Estate Group celebrates groundbreaking of 2 co-located library/senior housing projects on Chicago’s...
Evergreen Real Estate Group recently celebrated the groundbreaking of two co-located housing and library projects it is developing in partnership with Mayor Rahm Emanuel,...
Pathway to Living expands to Michigan with senior housing acquisition
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced it has completed its acquisition of the property formerly...
Draper and Kramer adds new senior vice president to acquisitions team
Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce Blas Puzon has joined the firm as a senior vice...
TransUnion + ApartmentJet address short term rental tenant screening challenge
Short-term rentals have caused major disruptions to the apartment industry, sometimes resulting in evictions, lawsuits and even regulatory changes. TransUnion announced it has partnered...
Chicago law firm Ginsberg Jacobs provides outlook on affordable housing
Though Congress retained the Low-Income Housing Tax Credit (LIHTC) as part of its tax policy overhaul, the decision to also lower the corporate tax...
Aided by tax credits, adaptive reuse pays off for developers
These adaptive reuse projects are often costlier than new construction and fraught with challenges, but the consensus among developers is that the reward is...
CA Senior Living announces start of construction on 128-unit Atria at River Trail in...
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced construction is underway on Atria at River...
To top it off
Developers are working overtime to squeeze outdoor amenities into their new apartment buildings, even in urban neighborhoods where the only place to put an...
From mall to ecosystem
Construction has started on a 23-story upscale apartment tower at Westfield UTC, a one-million-sq.-ft. outdoor center in San Diego, but the project is much...
Uptown living, downtown budget
“I would say it’s the most social building I’ve ever seen,” said Daniel Ellch, a tenant. That’s by design: The developer, Property Markets Group...
