Harbert Management Corporation Acquires Skokie Grocery-Anchored Center
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. Chicago capital flow has been concentrated in industrial along the I-55 and I-80 corridors and in the most select downtown trophy office submarkets. Multifamily transaction volume has moved up in the Near North and West Loop. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 44th Chicago story tracked on the wire in September 2026. All Chicago coverage →
Computed from Real Estate Trail’s own tracked coverage
Harbert Management Corporation (HMC) has acquired Village Crossing, a 722,466-square-foot grocery-anchored power center located at the intersection of Skokie, Niles, and Chicago, Illinois. Fairbourne Properties is HMC…
External link. Real Estate Trail does not republish source content.
Related coverage — Chicago
Fengate, Mavrek Break Ground on 380-Unit Mixed-Use Residential Development in Chicago
Fengate Asset Management and Mavrek Development recently celebrated the groundbreaking of Julep West Loop, a new 25-story mixed-use residential development in Chicago’s West Loop neighborhood. The development will del…
Fengate, Mavrek Break Ground on 25-Story Apartment Tower in Chicago’s West Loop
CHICAGO — Fengate Asset Management and Mavrek Development have broken ground on Julep West Loop, a 25-story apartment tower in Chicago’s West Loop neighborhood. The development will include 380 units, including 76 aff…
Cboe Global Markets to Present at the Barclays Global Financial Services Conference on September 16
CHICAGO, Sept. 10, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced that Craig Donohue, Chief Executive Office…
ZIEGLER ANNOUNCES MICHELE SAUNDERS AS SENIOR VICE PRESIDENT OF STRATEGIC PARTNERSHIPS
CHICAGO, Sept. 10, 2026 /PRNewswire/ -- Ziegler, a specialty investment bank, is pleased to announce the addition of Michele Saunders as Senior Vice President of Strategic Partnerships for the firm's Senior Housing &…
Kearney Names Martin Denman as Chief Financial Officer
CHICAGO, Sept. 10, 2026 /PRNewswire/ -- Global management consultancy Kearney has announced that Martin Denman is assuming the role of chief financial officer (CFO). Based in Kearney's global headquarters in Chicago,…
Chicago/Midwest People & Company News, week of September 11, 2026
Harrison Street Asset Management announced several senior appointments within its Investor Solutions Group. The appointments include Dan Fanelli , who will serve as Managing Director and Co-Head of the US Investor Sol…