Chicago
Developer Changes Blueprints Amid Strong Demand
Demand for luxury rentals at one property is high, so the developer is giving the people what they want.
TODAY’s DEALS: Citizens Bank Backs Major Mid-Western Student Housing
An apartment, student housing and retail project lands construction financing, and will Meridian Capital arrange funding for a New York City portfolio?
RMK Management Remodeling Popular Rental Property
RMK Management Corp. completed the second phase of a four-year renovation.
Multifamily Developer Shifting Focus to Chicago Suburbs
There is no shortage of luxury apartments in Chicago’s lively multifamily market.
TODAY’S DEALS: University of Chicago Lists 676 Units for Sale
HFF lands a hefty marketing contract in Chicago; Bascom buys in Long Beach, Calif.; and Hamilton Point buys two properties for $41.2 million.
Renovations in Full Force at Estates at Fountain Lake in Houston
Prime Property Investors has completed the first phase of unit renovations at Estates at Fountain Lake.
660-Unit Self-Storage Facility Planned for Suburban Chicago
Lake Forest, Ill.-based Metro Storage LLC has announced plans to convert a former warehouse in the village of Northbrook into a state-of-the-art self-storage facility.
TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark
Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.
University of Chicago Unveils Plans for Obama Presidential Library
The University of Chicago has finally revealed plans for the Barack Obama Presidential Library.
TODAY’S DEALS: HFF Lands $118M for K2 Chicago
HFF provides $118 million to The Georgetown Co.; Senior Housing Properties Trust to complete a massive portfolio buy; and Essex Realty Group brokers the $2.7 million sale of a historic property in Chicago.