A deep, liquid market repricing office aggressively while industrial along the I-55 and I-80 corridors and well-located multifamily continue to draw institutional capital.
The Chicago commercial real estate market is navigating a complex landscape marked by shifting investor sentiment and evolving sector dynamics. While demand for office space remains challenged, other sectors, particularly industrial and multifamily, continue to attract interest amid ongoing urban revitalization efforts. Lenders are adopting a cautious approach, reflecting broader economic uncertainties, which may influence capital flows and allocator strategies in the near term.
Items added to the wire per week · last 12 weeks
CHICAGO — JLL has arranged the sale of a 10.5 million-square-foot industrial portfolio in the Southeast. EQT Real Estate is selling the 46-building portfolio to an affiliate of California-based LBA Realty for an undis…
With the purchase of the four-property portfolio from SCHENK+, Chicago-based Scion expands its presence at Texas State University, the University of Tennessee and the University of Georgia.
CHICAGO — Tishman Speyer has received a $340 million CMBS loan for the refinancing of The Franklin, a two-tower office complex in Chicago’s West Loop. JPMorgan led the single asset single borrower (SASB) loan with Ban…
The industry's premier event will feature portfolio builders, leading tax strategists, and AI innovators to guide real estate investors through unprecedented market shifts CHICAGO, Sept. 1, 2026 /PRNewswire/ -- Bigger…
U.S. hotel performance surged in July driven by FIFA World Cup displacement effects, with non-host cities like Chicago and Detroit posting RevPAR gains of 16-17%, while ADR grew 8.2% above inflation.
Chicago-based Evergreen Real Estate Group today announced it has broken ground on three affordable assisted living communities in Ohio, located near Dayton and Columbus. Construction is now underway on Green Oaks of F…
CHICAGO — JLL has arranged the sale of a 10.5 million-square-foot industrial portfolio in the Southeast. EQT Real Estate is selling the 46-building portfolio to an affiliate of California-based LBA Realty for an undis…
With the purchase of the four-property portfolio from SCHENK+, Chicago-based Scion expands its presence at Texas State University, the University of Tennessee and the University of Georgia.
CHICAGO — Tishman Speyer has received a $340 million CMBS loan for the refinancing of The Franklin, a two-tower office complex in Chicago’s West Loop. JPMorgan led the single asset single borrower (SASB) loan with Ban…
The industry's premier event will feature portfolio builders, leading tax strategists, and AI innovators to guide real estate investors through unprecedented market shifts CHICAGO, Sept. 1, 2026 /PRNewswire/ -- Bigger…
U.S. hotel performance surged in July driven by FIFA World Cup displacement effects, with non-host cities like Chicago and Detroit posting RevPAR gains of 16-17%, while ADR grew 8.2% above inflation.
Chicago-based Evergreen Real Estate Group today announced it has broken ground on three affordable assisted living communities in Ohio, located near Dayton and Columbus. Construction is now underway on Green Oaks of F…
Greens t one Partners closed two multifamily transactions totaling $3.27 million across Chicago’s Wicker Park and Bridgeport neighborhoods. The transactions were facilitated by Greenstone Partners Partner Jordan Multa…
Knighthead Funding provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit multifamily community in downtown Glenview, Illinois, part of Chicago’s North Shore. The loan refin…
GLENVIEW, ILL. — Knighthead Funding has provided a $32 million loan for the refinancing of Cerca, a newly constructed multifamily community in Glenview. The loan refinances a previous construction facility and provide…
SVN | Chicago Commercial facilitated the $1.56 million sale of a six-unit Greystone and coach house property at 950–952 N. Noble Street in Chicago’s Noble Square neighborhood. Wayne Caplan, Senior Vice President with…
The Laramar Group has completed the acquisition of Eleven Thirty, a 656-unit high-rise apartment community at 1130 S. Michigan Ave. in Chicago. Originally constructed in 1967, Eleven Thirty is an iconic 43-story build…
The Drake Group has sealed a $32 million loan to refinance a newly built multifamily community in suburban Chicago, Commercial Observer has learned. Knighthead Funding supplied the loan for the 62-unit the Drake Group…
CHICAGO — Greenstone Partners has closed two multifamily sales totaling $3.2 million in Chicago’s Wicker Park and Bridgeport neighborhoods. In the first transaction, the firm brokered the sale of a recently renovated…
Michael Yemm has joined CBRE’s St. Louis office as an associate. He will work with Katie Haywood, Brian Bush and Jon Hinds, specializing in the leasing of industrial properties across the greater St. Louis regio…
Cross Street and Mavrek announced the start of pre-leasing at Belmora, a new boutique rental community located at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood. The first phase of the five-story mixed-use dev…
CHICAGO, Aug. 27, 2026 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $7 billion in po…
OSWEGO, ILL. — JVM Realty Corp. has purchased Springs at Oswego, a 280-unit apartment community located 48 miles west of Chicago and rebranded the property as Trillium at Oswego. Continental Properties sold the proper…
CHICAGO — Cross Street and Mavrek have begun leasing Belmora, a 46-unit apartment building located at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood. Designed by Eckenhoff Saunders, the building includes 5,700…
CHICAGO, Aug. 27, 2026 /PRNewswire/ -- LaSalle Investment Management ("LaSalle"), the global real estate investment manager, today announced that it has recapitalized an equity stake in CityWest, a four-building, appr…
Chicago’s modern big-box industrial market is experiencing a resurgence in leasing activity, with 9.1 million square feet leased in the first half of 2026, a 51% year-over-year increase from 6 million square fee…
The Chicago-based real estate developer said it finished all the projects ahead of schedule and has another 54,000 beds in development at Tier 1 university markets across the country.
The Chicago-area firms have joined to “activate more projects quicker,” according to the CEO of Nicholas Family of Cos.
The Chicago-area firms have joined to “activate more projects quicker,” according to the CEO of Nicholas Family of Cos.
Habitat announced two significant milestones in its efforts to bring new mixed-use and mixed-income developments to Chicago. The Habitat Company, together with Cabrera Capital Partners, completed the financial closing…
The proposed reforms target “hidden junk fees” and establish an administrative body to handle rental complaints. Industry groups are pushing back.
CHICAGO — SVN Chicago Commercial has negotiated the $1.5 million sale of a 6,000-square-foot retail property located at 3832 N. Lincoln Ave. in Chicago’s North Center neighborhood. Tim Rasmussen and Marcus Sullivan of…
Stotan Industrial , in partnership with 56 Maple, acquired 1101 W. Thorndale Avenue in Itasca, Illinois, a 32,937 square foot industrial facility located in Chicago’s supply constrained O’Hare submarket. Eric Fischer…
Matterhorn Venture Partners announced a partnership with TPG AG U.S. Real Estate to acquire a portfolio of 16 Chicago-based industrial properties totaling approximately 986,000 square feet across the metropolitan area…
CHICAGO — Developer Podmajersky Inc., led by John Podmajersky III, is developing a small-bay industrial facility totaling 12,000 square feet in Chicago’s East Pilsen area. Avison Young has been retained to market the…
CHICAGO — Interra Realty has brokered the $2.1 million sale of a 13-unit apartment building located at 1433 W. Ardmore Ave. in Chicago’s Edgewater neighborhood. Joe Braun of Interra represented the private seller, whi…
Assets are part of a 53-building shallow bay industrial portfolio acquired by TPG AG US Real Estate for $628 million CHICAGO, Aug. 25, 2026 /PRNewswire/ -- Matterhorn Venture Partners ("MVP") today announced a partner…
CHICAGO, Aug. 25, 2026 /PRNewswire/ -- Arizton's latest report highlights the continued expansion of Southeast Asia's data center market, with investments projected to grow from $15.72 billion in 2025 to $35.08 billio…
CHICAGO and ABU DHABI, UAE, Aug. 25, 2026 /PRNewswire/ -- Christie's International Real Estate is launching in Abu Dhabi, bringing its global luxury real estate network to an international housing market experiencing…