CRE Midwest

CRL looks to expand into Chicago

| markt

As the new majority shareholder of CRL Senior Living Communities, Ari Weinberger has set his sights on the Chicago market, where he hopes to expand the firm’s footprint with need-driven, memory care centers.

CRE N Illinois

Mark Augustyn: Customer service still key

Bannockburn, Ill.-based Principle Construction has a not-so-secret formula to earning business when construction work is scarce: Treat your customers well. It just so happens that this is a formula that works for Principle even when times are good. Mark Augustyn, chief operating officer with Principle, recently spoke with Midwest Real Estate News about what his company has done to survive the challenging construction market.

CRE Midwest

Effective Industrial Asset Management to Attract and Retain Tenants

According to economists, the most recent recession ended in mid-2009 and we are now a full two years into the recovery. A quick look at industrial vacancy rates in Chicago makes it clear, however, that the recovery has been and will continue to be a slow, upward climb. With the overall industrial vacancy rate in the double digits, and some submarkets lingering in the mid-teens, the market is competitive, to say the least.

CRE Midwest

Podolsky Northstar named agent in mortgage note sale of Purple Hotel

Podolsky Northstar CORFAC International has been named the exclusive agent for the sale of two mortgage notes that are secured by the property formerly known as the Purple Hotel in Lincolnwood, Ill. First Midwest Bank (“FMB”), the current holder of the mortgage notes, engaged the brokerage team of Randy D. Podolsky, managing principal and Adam J. Tarantur, senior vice president for this assignment because of their previous experience in the successful disposition of foreclosure properties.

CRE v Wisconsin

Paul Bryant: Pounding the pavement leads to thriving career

Each issue, Midwest Real Estate News profiles a successful commercial real estate professional. This issue, we look at the long career of Paul Bryant, principal and senior vice president in the Chicago office of Mid-America Real Estate Corporation, the brokerage division of Mid-America Real Estate Group, which has offices in Chicago, Detroit, Minneapolis and Milwaukee.

CRE W Minnesota

Minnesota's Welsh makes move to Colliers International

For Jean Kane, Colliers International just made sense. That's why Kane, chief operating officer and president of Minnetonka-based Welsh Companies, is so looking forward to Aug. 1. That's when Welsh Companies officially makes the move from its affiliation with NAI Global to the Colliers International Network.