January 27, 2012 When CBRE recently hired Paul Lundstedt to be its executive vice president, capital markets, it was a coup for the firm, according to Chris Connelly, CBRE’s executive managing director, particularly because there is a dearth of talent in the suburban office market. Read more...
January 27, 2012 Berkadia Commercial Mortgage LLC closed a portfolio of five multifamily properties in Milwaukee, Racine and Cudahy, Wis. through the HUD 223 (f) program, totaling nearly $23 million in refinancing. Read more...
January 26, 2012 HFF has announced today that it has been named to market for sale Avalon Lombard, a 256-unit multi-housing community in Lombard. Read more...
January 26, 2012 In a move that impacts just about every major market in the Midwest, C-III Capital Partners has completed its acquisition of NAI Global. Read more...
January 25, 2012 Read more...
January 25, 2012 Those U.S. consumers from the ages of 25 to 34 -- the Echo Boomers -- received more than their share of attention during the Financing and Investing panel of the Commercial Real Estate Forecast Conference held Jan. 24 by Illinois Real Estate Journal in downtown Chicago. Read more...
By most measures, the national commercial real estate market is well into its recovery phase. And Chicago, the nation’s third largest metropolitan market, is following this trend. It may not be recovering as quickly as coastal markets such as New York, Los Angeles, San Francisco and Washington, D.C., but all of its vital signs are pointing up Read more...
Brian W. Kling, senior vice president; and Thomas M. Condon, senior vice president, both with the Industrial Advisory Group of Colliers International | Chicago, represented CenterPoint Properties in a 100,377-square-foot new long-term lease to Lenze at 125 Wall Street Trail in Carol Stream, Ill. Read more...
Throughout the past decade the United States has focused on reducing our reliance on the manufacturing industry while looking to boost the service industry to create more jobs – particularly in the financial sector. However, as was made clear by the devastating turn of events in the past few years, our economy cannot rest solely on the strength (or lack thereof) of our financial industry. Read more...