CRE N Illinois
Daniel Falkenberg;KIG CRE

KIG CRE hires Daniel Falkenberg

KIG CRE announces Daniel Falkenberg, associate — financial analytics, as the team’s newest member. Falkenberg will support the sales team by valuing assets and providing underwriting analysis for institutional asset sales.

CRE N Illinois
Blas Puzon;Draper and Kramer

Blas Puzon joins Draper and Kramer

Blas Puzon has joined Draper and Kramer, Incorporated’s acquisitions, development and asset management team as a senior vice president. In this role, Puzon will draw upon his more than 20 years of commercial real estate expertise to target and expand Draper and Kramer’s property acquisition efforts in new national markets.

Industrial N Illinois
NKF Capital Markets conducts sale of industrial asset

NKF Capital Markets conducts sale of industrial asset

NKF Capital Markets has successfully orchestrated the sale of 440 S. McLean Boulevard in Elgin, IL to Plymouth Industrial REIT, Inc. Senior managing director Adam Marshall, SIOR, CCIM and managing director Boris Shraybman oversaw the transaction of the 74,613-square-foot asset on behalf of the seller, a private ownership group. Bryan Bartlett, senior vice president and principal of Newmark Grubb Phoenix Realty Group, represented Plymouth in the acquisition.

CRE N Illinois
Steve Weinstock, of event co-host Marcus & Millichap, greets attendees at the Marcus & Millichap booth in the exhibit space at the Hyatt Regency Chicago.

More than 900 attendees crowded into the 16th Annual CRE Forecast to hear what the experts had to say

On January 17, REjournals, the National Association of Realtors and Marcus & Millichap co-hosted the 16th Annual Commercial Real Estate Forecast Conference. The Forecast, as it has come to be known, is the largest, longest-running commercial real estate forecast event in Chicago, the Midwest and perhaps the U.S. This year more than 75 sponsors participated and 900-plus attendees came to hear dozens of experts give their thoughts on where CRE is headed in 2018. Following is a photographic recap of the event.

Healthcare N Illinois
Mercyhealth Systems’ proposed micro hospital in Crystal Lake, IL.

The trend in healthcare: smaller and more specialized

Healthcare is one of the strongest parts of the economy right now. According to the U.S. Bureau of Economic Analysis, it is the nation’s largest sector by number of employees, having just surpassed the retail trade. Lest one think that this is due to retail’s woes, healthcare has been on an unflinching increase for decades. The industry even added new jobs every month during the recession.

CRE N Illinois
Ryan Lindgren;Holliday Fenoglio Fowler, L.P.

HFF hires Ryan Lindgren as a director

Holliday Fenoglio Fowler, L.P. (HFF) announced that Ryan Lindgren has joined the firm as a director in its Chicago office. Lindgren will focus on hotel investment advisory transactions and will be a member of HFF’s national hotel team led by Daniel C. Peek.