Lument has provided $110.8 million in Fannie Mae DUS loans to refinance a six-property multifamily portfolio located in Chicago. The transaction refinances existing bank debt for the sponsor BJB Properties, a Chicago-based owner-operator focused on long-term holds that currently owns…
SL Industrial Partners, part of The Silverman Group, has acquired a 17-building portfolio totaling 925,391 square feet of industrial flex space across three business parks in the Chicago area. The portfolio was sold by an institutional owner, with Cushman &…
Continuum Advisors, a national senior housing investment sales and advisory firm, announced the sale of The Oaks at Bartlett, a 283-unit senior housing community about 35 miles northwest of downtown Chicago. Built in 2007, the 37-acre interconnected campus offers 10…
Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago and Milwaukee metropolitan areas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and…
Standard Real Estate Investments and Trammell Crow Company (TCC), have closed on the sale of the Woodridge Industrial Center in Woodridge, Illinois. Standard made an equity investment through its $150 million investment vehicle last year, and construction was completed in…
Skender has completed construction on a 38,000-square-foot facility expansion for the Greater Chicago Food Depository. The new prepared meals center, located at 4100 W. Ann Lurie Place, was completed seven weeks ahead of schedule and has enabled the food bank…
Nassimi Realty has acquired Joffco Square, a retail center located at 555 West Roosevelt Road in Chicago’s South Loop, for $9.25 million. The 100,000-square-foot property, purchased at $92 per square foot, was previously acquired by the prior owner for $27…
The Pizzuti Companies, an Ohio-based developer, recently celebrated the grand opening of Coppia, the company’s first multifamily high-rise in Chicago. “Coppia’s location, architectural relevance, amenities and curated art program are among the many features that make this project stand out,”…
Interra Realty has brokered the sale of two separate, fully occupied multifamily properties in Chicago. An eight-unit apartment building at 5130 S. Greenwood Ave. in the Hyde Park neighborhood sold for $2.92 million, and a 17-unit rental community at 6251…
The Jelly Belly plant in North Chicago is set to close in October, with the parent company, Ferrara Candy, planning to move production to a different facility. The closure will impact 66 jobs, and the company aims to move these…
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