CRE N Illinois Chicago CRE Future Leaders: Greg Gonzalez As part of our series, CRE Future Leaders, we caught up with Greg Gonzalez, director of student housing at Berkadia. Gonzalez advises on investment sales transactions, mortgage banking and equity placement. His responsibilities include new business development, building client relationships, asset analysis and underwriting, strategic marketing and disposition advisement for both purpose-built student housing and university orbit conventional multifamily assets.
Net Lease Midwest Big news for Net Lease Summit: More net lease properties hitting the market Investors looking for net lease properties received a gift during the second quarter of this year: The number of these properties hitting the market soared.
Finance Midwest Berkadia's Callaghan: Workforce apartment units still scarce Like all commercial financing professionals today, Colin Callaghan, senior managing director with the Southfield, Michigan, office of Berkadia, is keeping a close watch on the multifamily market. That’s because the requests for financing from developers and investors eager to play in this sector are still coming at a rapid clip. But there’s a trend with all those requests for multifamily construction financing: Developers are hoping to build luxury apartments, not those catering to renters with more modest incomes.
Student Housing N Illinois Looking closer at the state of student housing The 4th annual Chicago Student Housing Real Estate Conference was held at the Gleacher Center on July 12, 2018. Industry professionals came out to hear what the latest trends are in college-town housing markets.
Join us September 13, 2018 3rd Annual Louisville Commercial Real Estate Summit NOAH’S Event Venue12451 Plantside Dr.Louisville, KY More Information & Registration
Industrial N Illinois Meridian begins construction on 124k SF spec building in Woodridge Meridian Design Build recently started construction on a 124,575-square-foot, speculative, multi-tenant industrial facility for Molto Properties at 2379 Davey Road in Woodridge, Illinois. The project is located between I-55 and I-355 with superb access to both highways.
Healthcare N Illinois Governor's Plaza in Hoffman Estates sells for $2.4M A 20,500-square-foot, multi-tenant medical office building known as Governor’s Plaza sold at 2260 W. Higgins Road, Hoffman Estates in an off market transaction. The property sold for $2,432,250.
sponsored Midwest Featured eBook: Mobile Emergency Mass Communications for Facilities Turn on the TV, visit a web page, open a newspaper, and you’ll hear about another mass shooting, hate crime, terrorist attack or weather-related disaster. While the types of threats may not have changed much, their methods and frequencies are increasing at an alarming rate.
Retail i Ohio Steiner + Associates bringing new AF concept store to Ohio State campus Steiner + Associates announced that Abercrombie & Fitch, a global specialty retailer of apparel and accessories, will open a concept store at Columbus, Ohio’s Gateway University District in The Ohio State University’s campus this August.
Retail i Ohio Gorjian acquires Toledo retail center Joel Gorjian, a national real estate investor and president and chief executive officer of Great Neck, New York-based Gorjian Acquisitions, has completed the purchase of the Airport Plaza shopping center at 4040-4114 Airport Highway in Toledo, Ohio.
Office N Illinois Office tower to go up on site of River North firehouse Friedman Properties has outlined its plans for a 29-story office tower at 444 N. Dearborn Street. The property is currently a two-story fire station housing Engine Company 42, which would still be located at the site.
Industrial N Illinois ML Realty Partners announces 372k SF building lease ML Realty Partners has leased a 371,994 square foot distribution facility to Kane is Able, Inc. at Heritage Crossing, 14630 South 147th Court in Lockport, Illinois. Kane is Able, a 3PL warehousing, transportation and supply chain logistics company, chose Heritage Crossing for this location due to many features including visibility along I-355 and the 36-foot clear height of the facility.
Multifamily N Illinois South Loop, 298-unit high-rise sells in Chicago Holliday Fenoglio Fowler, L.P. (HFF) announced the off-market sale of Burnham Pointe, a 298-unit high-rise apartment property in Chicago’s South Loop. The HFF team advised on the transaction between the seller, Crescent Heights, and the buyer, a joint venture between Draper and Kramer and Intercontinental Real Estate Corporation. Terms of the acquisition were not disclosed.
Retail v Wisconsin Mid-America brings restaurant to Milwaukee entertainment hub Punch Bowl Social, a restaurant, bar and entertainment concept, has signed a 24,000-square-foot lease at the Milwaukee Bucks entertainment block in downtown Milwaukee, thanks in part to the efforts of Mid-America Real Estate — Wisconsin.
Industrial N Illinois Chicago's new Rockwell Logistics Center celebrates groundbreaking Representatives from Venture One Real Estate and USAA Real Estate celebrated a groundbreaking ceremony for the new Rockwell Logistics Center. Joining them were Chicago Mayor Rahm Emanuel, Chicago 24th Ward Alderman Michael Scott, Jr. and Illinois State Senator Martin A. Sandoval.
CRE N Illinois Lincoln Yards coming into focus: 5,000 residential units and 800-foot towers Sterling Bay revealed a few more details about their Lincoln Yards development at a meeting hosted by Chicago 2nd Ward Alderman Brian Hopkins. These include hard targets: 6 million square feet of commercial space, 5,000 residential units, up to 500 hotel rooms and buildings as tall as 800 feet.