Chicago
Spirit Investment, Bascom Group Pay $49M for Chicago Tower
The property last traded five years ago, when the current seller acquired it from KKR.
Active Adult Living Community Underway in Chicago Suburb
TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
Chicago Multifamily Report – Summer 2021
As far as gateway markets go, the Windy City fared relatively well going into the second quarter.
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
Dwight Capital Provides $56M Loan for 8 Suburban Chicago Assets
Lexington Health Network will use part of the loan to refinance the properties’ existing capital structure.
Chicago-Area Supportive Living Facility Breaks Ground
A 100-unit redevelopment project is taking shape some 12 miles west of the city’s downtown.
Luxury Community Comes Online in Chicago Suburb
The transit-oriented Glen Ellyn property is locates 25 miles from the metro’s downtown.
LMC Starts Leasing Chicago Community
The mixed-use property in the Bucktown neighborhood is expected to see its first move-ins next month.
HP Ventures Group Pays $21M for Chicago Community
JLL Capital Markets closed the sale of 101 West, a 64-unit property in Barrington, Ill.