CRE N Illinois
Multi-family investors like what they see in Chicago's non-core downtown neighborhoods

Multi-family investors like what they see in Chicago's non-core downtown neighborhoods

Chicago’s multi-family market has been hot for so long that it’s easy to take for granted just how strong this sector is. But Susan Tjarksen, principal and managing broker for Chicago's Kiser Institutional Group -- better known as KIG –isn’t doing this. She understands just how rare a market like this is. Institutional investors are sinking big dollars in multi-family buildings not just in Chicago’s center, but also in the neighborhoods surrounding the heart of Chicago’s Central Business District, the so-called “out-of-core” areas. Midwest Real Estate News recently spoke with Tjarksen about what’s behind the strength of the city’s apartment market.

Retail N Illinois
Chain of Illinois ice cream shops to hit the auction block

Chain of Illinois ice cream shops to hit the auction block

As the commercial real estate market continues to show signs of opportunity, the auction is once again gaining popularity for the sale of companies and real estate. An example can be found with William A. McEnery, son of William J. McEnery, one of Chicago’s most well-known entrepreneurs, and former Gas City owner: McEnery announced he will auction off the successful Creamery Restaurant portfolio.

Healthcare N Illinois
Marcus & Millichap's Lollio: Don't expect slowdown in healthcare real estate soon

Marcus & Millichap's Lollio: Don't expect slowdown in healthcare real estate soon

Gino Lollio, associate vice president of investments in the Chicago office of Marcus & Millichap, expects more sales, leases and new construction in the healthcare real estate market. There are plenty of reasons for this – an aging population, patients who want treatment closer to home, the impact of the Affordable Care Act – and Lollio, who studies this market, spoke about them with Midwest Real Estate News.