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Centerline Capital Group Refinances Two M-F Properties in Uptown Chicago

Centerline Capital Group Refinances Two M-F Properties in Uptown Chicago

Centerline Capital Group, a subsidiary of Centerline Holding Company, recently announced it has completed a two property cash out portfolio refinance on multifamily properties located in Chicago.…

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Chicago Becomes First Top Tier City to Earn Certification as Sustainable Destination for Meetings and Events

Chicago Becomes First Top Tier City to Earn Certification as Sustainable Destination for Meetings and Events

The City of Chicago has become one of the first cities in the world and the only top-tier convention destination to-date to achieve certification as a sustainable destination for meetings and events. The announcement was made by Mayor Rahm Emanuel and Choose Chicago.…

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Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago

Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago

Server Farm Realty LLC recently unveiled 840 South Canal, their newest state-of-the-art data center facility in Chicago, at an invitation only ribbon cutting ceremony attended, among others, by Chicago’s Mayor Rahm Emanuel and Peerless Network’s CEO John Barnicle.…

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Hartshorne Plunkard Architecture Receives Two Awards from AIA Illinois, including Top Design Prize for Randolph Tower

Hartshorne Plunkard Architecture Receives Two Awards from AIA Illinois, including Top Design Prize for Randolph Tower

The American Institute of Architects Illinois has awarded top prizes at the 2013 Honor Awards to Randolph Tower and the Hairpin Lofts and Hairpin Arts Center, both projects of Hartshorne Plunkard Architecture.…

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Rosemont Village Embarks on New Redevelopment Project

Rosemont Village Embarks on New Redevelopment Project

Rosemont Village is planning another redevelopment project for this summer, which will add to the existing 5,562 hotel rooms.…

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Cole Real Estate Investments Acquires Hillshire Brands Company Headquarters for $97.5M

Cole Real Estate Investments Acquires Hillshire Brands Company Headquarters for $97.5M

Cole Real Estate Investments has recently announced the acquisition of The Hillshire Brands Company headquarters on behalf of Cole Corporate Income Trust Inc. for $97.5 million.…

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Regency Centers Corporation Breaks Ground on $50M First Phase of Shops on Main

Regency Centers Corporation Breaks Ground on $50M First Phase of Shops on Main

Regency Centers Corporation has broken ground on the first phase of Shops on Main, a 147,851-square-foot community shopping center in Schererville, Ind.…

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New $251M State-of-the-Art Malcolm X College Campus Plans Revealed

New $251M State-of-the-Art Malcolm X College Campus Plans Revealed

Mayor Rahm Emanuel and City Colleges of Chicago Chancellor Cheryl Hyman recently announced plans for the new Malcolm X College campus, a major investment in Chicago’s west side. The state-of-the-art learning facility aims to provide Chicago’s students access to the tools which will enable them to succeed in the fast-growing…

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KBS REIT II and Hines Announce LEED Platinum Certification of 300 North LaSalle Office Tower

KBS REIT II and Hines Announce LEED Platinum Certification of 300 North LaSalle Office Tower

KBS REIT II along with Hines recently announced that 300 North LaSalle in Chicago has been awarded Platinum certification under the U.S. Green Building Council’s LEED for Existing Buildings category. The tower had previously received Gold certification under the LEED for Core & Shell Rating System.…

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NY Developer Plans Boutique Gay-Friendly Hotel in Boystown

NY Developer Plans Boutique Gay-Friendly Hotel in Boystown

New York-based Parkview Developers LLC plans to open a gay-friendly hotel in the heart of Boystown. The approximately 112-room hotel would be located on the 3300 block of North Halsted Street and would be called Out Chicago, according to Ian Reisner, managing partner of the development firm.…

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Loews Hotels & Resorts Breaks Ground on 400-room Hotel

Loews Hotels & Resorts Breaks Ground on 400-room Hotel

Loews Hotels & Resorts recently held a groundbreaking ceremony on the site where the company will open the Loews Chicago Hotel in 2015. Company officials, including Chairman Jonathan M. Tisch and President and CEO Paul Whetsell, were joined by Donald R. Wilson, Jr., founder and CEO of DRW Trading Group…

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BEMT Invests in 24-Story Mixed-Use Luxury Rental Community

BEMT Invests in 24-Story Mixed-Use Luxury Rental Community

Bluerock Enhanced Multifamily Trust has recently announced its investment in MDA City Apartments, a mixed-use luxury rental community in downtown Chicago. The New York-based non-traded real estate investment trust has partnered with Village Green, the owner of the 24-story building. Village Green is an owner / operator with a portfolio…

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