CRE N Illinois
NAI Hiffman merges with Nicolson Porter & List

NAI Hiffman merges with Nicolson Porter & List

NAI Hiffman reached an agreement with industrial real estate firm Nicolson Porter & List (NPL) to bring the companies together under the NAI Hiffman brand and platform effective immediately, with full integration to be completed by March 1, 2019. The combined company will operate as NAI Hiffman and expand its footprint at its Oakbrook Terrace, Illinois headquarters to accommodate recent client and employee growth.

CRE N Illinois
The KCC leadership team includes, from left to right: Gary A. Dupuis, Andrew J. Johnson, Jeffrey J. Krusinski, John P. Brady, Joseph R. Krusinski, Michael J. Metz, Gina M. Krusinski, Jerry R. Krusinski and Joseph R. Krusinski III.

Krusinski Construction Company celebrates 45th anniversary

When it first opened its doors in 1973 in Chicago, Krusinski Construction Company (KCC) was serving the regional Chicagoland area with two members on its staff, including founder, Joe Krusinski. Today, the now Oak Brook, Illinois-based firm is celebrating its forty-fifth anniversary with a staff of seasoned professionals and projects throughout the country—from Connecticut to California.

CRE N Illinois
Blas Puzon;Draper and Kramer

Draper and Kramer announces four executive-level promotions

Draper and Kramer, Incorporated, a Chicago-based real estate services firm, announced the promotion of four senior executives. Edward Polich has been named executive vice president of real estate, while Blas Puzon has been promoted to chief investment officer. Additionally, Julie Stevlingson is stepping into an expanded role leading construction services and property operations, maintaining her current position as senior vice president and director of management services. Christine Ramsey has been promoted to chief administrative officer.

Office N Illinois
Interiors completed on C.H. Robinson's Chicago headquarters

Interiors completed on C.H. Robinson's Chicago headquarters

Vocon, a leading national architectural and design firm, provided interior design services for C.H. Robinson’s flagship operation center, a four-story, 207,000-square-foot office building in Chicago’s new Lincoln Yards development by Sterling Bay. Vocon collaborated with Skidmore, Owings and Merrill LLP, which served as the base building architect.

Healthcare N Illinois
Olivia Wirth;HSA PrimeCare

Olivia Wirth promoted at HSA PrimeCare

HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, has promoted Olivia R. Wirth to director of marketing and senior associate of leasing/development. Wirth has been with HSA PrimeCare for five years and she provides leasing and other services for the division’s top health care provider clients.

Multifamily N Illinois
Gery Chico, former board president of the Chicago Public Schools and board president of the Chicago Park District.

Affordable housing a hot topic as Chicago mayoral hopefuls speak on real estate issues

Manny’s Deli in Chicago’s South Loop has a storied past, and has previously accommodated mayors, governors and presidents. Like other parts of the city, the neighborhood around it is changing. That, coupled with the hotly contested mayoral race that is nearing its end, makes it the perfect setting for a roundtable discussion with the candidates on the subject of real estate in Chicago.

Multifamily N Illinois
First look at revamped River City Apartments, iconic South Loop building

First look at revamped River City Apartments, iconic South Loop building

Designed by Blue Star Properties, new renderings show the refreshed look coming to River City Apartments in Chicago’s South Loop. Respecting architect Bertrand Goldberg’s original vision for a live-work-play environment, the renovations include a full redesign and renovation of the lobby and front entrance as well as an updated and modern community space named “River Road.”

CRE N Illinois
Pictured from left to right: Amir Syed, Rachel Frangos, Erin Mandel, Scott Gerami, Nykea Pippion McGriff and Mike Del Preto.

Elite 6 expands philanthropic reach, announces 2019 members

On Thursday, December 6, 2018, the Elite 6 Dinners, a philanthropic membership organization, announced it’s 2019 Elite 6 inductees of real estate industry leaders who will work together in support of Elite 6’s 2018-2019 charity partner, Imerman Angels. The 2019 inductees are Amir Syed, Erin Mandel, Mike Del Preto, Rachel Frangos, Scott Gerami and “Reigning Number 6,” Nykea Pippion McGriff.

CRE N Illinois
Juan Sanabria;Ventas Inc.

Ventas announces new leadership appointments

Ventas Inc., a healthcare and seniors housing REIT based in Chicago, announced two key appointments to its senior leadership team. Bhavana Devulapally has been named chief information officer (CIO) and senior vice president while Juan Sanabria will serve as vice president, investor relations. Both roles report to the company’s executive vice president and chief financial officer, Robert (Bob) F. Probst.

Finance N Illinois
Marina Crossings, the largest speculative industrial project in the city of Chicago in over a century.

Navigating the changing tides of CRE financing

In today’s world of commercial real estate finance, there is a vast ocean of cash available to fill a capital stack. The financing world has evolved in the post-recession years with alternative lenders emerging to fill the void left by bank consolidation, a decline in worldwide commercial mortgage backed securities (CMBS) issuance and a general decrease in risk appetite.

Retail N Illinois
Kinton Ramen, Jeni’s Splendid Ice Creams and Independence menswear headed to Fulton Market

Kinton Ramen, Jeni’s Splendid Ice Creams and Independence menswear headed to Fulton Market

Tucker Development secured a trio of leases at 900 West, the developer’s mixed-use development comprising 10 repurposed historic buildings in the Fulton Market District of Chicago’s West Loop. The first two leases will bring new food options to the area: Kinton Ramen as well as fast-growing artisan ice cream maker Jeni’s Splendid Ice Creams. In addition, upscale menswear boutique Independence will relocate from its current Gold Coast location. All three businesses plan to open their new locations in 2019.