The Feil Organization, a prominent New York-based real estate firm, is facing a foreclosure lawsuit concerning its property at 10 South LaSalle Street in Chicago’s Loop. The suit, initiated by Wilmington Trust, arises…
The Chicagoland industrial real estate market remains a critical hub for logistics and warehousing, attracting institutional investors despite shifts in market dynamics. In the last seven days, notable transactions have underscored the region’s…
In a rare bright spot for Chicago’s commercial real estate market, the iconic Accenture Tower at 500 W. Madison St. has successfully extended its loan by two years, with an option for a…
The Midwest industrial real estate market, particularly in the Greater Chicagoland area and Wisconsin, is uniquely poised to be reshaped by evolving trends in the cold storage and food supply chain sectors. The…
The recent development of new senior housing units by Ravinia Communities in Crystal Lake, including 67 new units at Oakbrook Estates, signals a significant shift in the local real estate landscape. The project…
The future of in-person real estate, particularly in the office and retail sectors, hinges on prioritizing walkability and experiences. As remote work and e-commerce continue reshaping how people engage with physical spaces, developers,…
The recent acquisitions by Glenstar and 601W Companies—purchasing office buildings in Chicago at steep discounts—highlight a major shift in the city’s office real estate market. These transactions reflect broader trends: high vacancies, distressed…
As the digital economy continues to expand, Chicago has emerged as one of the top markets in the United States for data center development. With its central location, strong infrastructure, and access to…
The recent announcement of Celadon Partners’ $70 million senior housing project in Deerfield underscores a trend of reimagining underutilized commercial properties to meet new housing needs. The development, aimed at expanding senior living…
Schaumburg, one of Chicago’s most dynamic suburbs, is poised for a significant transformation with ambitious mixed-use development plans. These projects aim to create vibrant, walkable environments that combine residential, retail, office, and recreational…
