Archive | November, 2011

Block Real Estate Services donates more than 10,000 meals in Kansas City

November 17, 2011 Kansas City-based Block Real Estate Services employees had a big goal: They wanted to provide 1,000 meals to Harvesters, a community food pantry based in Kansas City, by creating a contest that would unfold during a nine-day period. Block Real Estate Services departments were charged to come up with their own creative ways to get their team members to participate. Read more...

Midwest Real Estate News, News Comments (1)

Cassidy Turley’s Bender: Larger transactions are returning to the Cincinnati market

November 17, 2011 Jeffrey Bender, executive managing director and principal with the Cincinnati office of Cassidy Turley, has some good news: Larger-scale deals are returning to the Cincinnati market. Bender explains why in this guest column for Midwest Real Estate News. Read more...

Midwest Real Estate News, MREN Column, News Comments (1)

Grandbridge closes $10 million loan for apartment community in Wisconsin

November 16, 2011 Grandbridge Real Estate Capital recently originated and closed a $10.3 million first mortgage loan secured by Lincoln Ridge Apartments in Madison, Wis. Read more...

Midwest Real Estate News, News Comments (0)

Lake County industrial market sees strong third quarter

November 16, 2011 Lake County may not be recognized as a core industrial market, but with a string of recent deals and strong positive absorption, commercial real estate brokers are high on the northern Illinois market. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (1)

Lawson Products signs 86,313-square-foot lease at Triangle Plaza

November 16, 2011 Lawson Products, an industrial distributor of maintenance, repair and operations supplies, has signed a long-term, 86,313-square-foot lease at 8770 Bryn Mawr Avenue in Triangle Plaza for its new corporate headquarters. Read more...

Illinois Real Estate Journal Comments (1)

Michigan’s Bloomfield Capital funds $1.5 million loan in Ohio

November 16, 2011 Birmingham, Mich.-based Bloomfield Capital recently funded a $1.5 million senior bridge loan in Dayton, Ohio. Read more...

Midwest Real Estate News, News Comments (1)

Taft strengthens Columbus presence through merger

November 16, 2011 The regional law firm Taft Stettinius & Hollister LLP announced in November that it will strengthen its client service capacities in Columbus, Ohio, by merging with Chester Willcox & Saxbe, LLP at the start of 2012. The firms will operate under the Taft name. Read more...

Midwest Real Estate News, News Comments (0)

Red Mortgage Capital provides $13.3 million in financing to multi-family property in Kentucky

November 16, 2011 Columbus, Ohio-based Red Mortgage Capital recently provided a $13.3 million FHA Section 221(d)(4) non-recourse loan for a 192-unit Class-A property in Shepherdsville, Ken. Read more...

Midwest Real Estate News, News Comments (0)

ComEd and Nicor gas partner on construction program

November 16, 2011 ComEd and Nicor Gas have partnered to offer a comprehensive New Construction Service to the development, design and construction communities. The New Construction Service offers assistance and financial incentives of up to $200,000 for design features, equipment and systems that save electricity and natural gas. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (0)

$159 million sale of Regents Park in Chicago closed by HFF

November 16, 2011 HFF announced that it has closed the sale of Regents Park, a two-tower, 1,031-unit multi-housing property with 7,591 square feet of ground floor retail space in Chicago. Read more...

Illinois Real Estate Journal Comments (0)