Finance - Midwest
Cities
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Suburban Chicago Office Towers Land $60M Refi
Zeller Realty Group received the financing for two seven-story buildings totaling 350,000 square feet in the North Shore submarket. HFF arranged the loan through Ares Commercial Real Estate Corp.
13 June 2018 08:13 -
Retail Properties of America Sells Last Office Asset
Schaumburg Towers in Schaumburg, Ill. comprises 895,400 square feet across 20 floors and sold for $86.6 million, a $51.4 million difference since the company purchased the campus in 2004.
05 June 2018 12:19 -
CBRE Arranges $33M in Financing for Hyatt Hotel
Phoenix Development Partners used the loan to acquire and renovate the 301-key property located in Deerfield, Ill., off the interchange between interstates 94 and 294.
03 May 2018 17:33 -
Sterling Bay Nails Down $181M Loan for Chicago Tower
The Class A office project continues the company’s streak of high-profile deals on the city’s Near West Side, including acquisitions, new developments and adaptive-reuse projects.
30 April 2018 11:43 -
Global Medical Buys $64M MOB Portfolio in Ohio
Marietta Memorial Hospital—a division of the Memorial Health System, a Fitch BB-rated health structure—currently leases four assets.
25 April 2018 14:28 -
Continental Partners Secures Financing for Chicago Industrial Asset
The buyer plans to reposition the Hudson Motor Building into a Class A, mixed-use property which is expected to include retail and office space.
02 March 2018 20:45 -
HFF Arranges $39M Loan for Chicago Hotel
The company represented the borrower, an affiliate of Arbor Lodging Partners, for the acquisition of a 398-key hotel in the Schaumburg suburb of Chicago.
28 February 2018 14:07 -
JV Secures $30M for Chicago Mixed-Use Project
Pangea Mortgage Capital and T2 Capital Management worked on behalf of UrbanStreet Group and VennPoint Real Estate to arrange financing for the 225-acre master-planned development at the Motorola Solutions former campus.
27 February 2018 17:16 -
Retail in 2018: Change Creates Opportunity
Skilken|Gold’s Robert Mason weighs in on what it takes to stay ahead of the game as the sector faces significant change.
21 February 2018 15:44 -
SD Project Lands $33M Construction Financing
The industrial development, a cold storage facility containing more than 200,000 square feet, may be expanded to a total of 800,000 square feet in the future.
15 February 2018 19:40 -
Brixmor Sells Suburban Nashville Retail Asset
The nearly 300,000-square-foot shopping center is anchored by Publix and home to Bed Bath & Beyond, PetSmart and a number of other retailers.
15 February 2018 09:55 -
Market Street Redevelopment Gets $54M in Financing
The suburban Minneapolis mixed-use project will contain 100 luxury apartments set atop 33,000 square feet of street retail and a parking structure.
14 February 2018 10:12 -
Irgens Snags $80M Financing for Milwaukee Office Tower
Walker & Dunlop Capital Markets secured the non-recourse loan for 833 East Michigan, a 359,000-square-foot, LEED Silver-certified building in the city's central business district. Completed in 2016, the 17-story lakefront property became the first significant downtown office development in almost a decade.
12 February 2018 12:25 -
Trending Capital Sources in 2018
Ginsberg Jacobs’ co-founder provides his outlook for the real estate financing environment for the next 12 months, including which asset classes and capital sources will shine this year.
07 February 2018 14:29 -
Starwood Capital Snaps Up Chicago Trophy Tower
ING Capital led a $297.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of Dearborn and Madison streets.
07 February 2018 12:02