CRE N Illinois
Stella Pappas;Waterton

Waterton Hires Stella Pappas as VP of investor relations

Waterton, a national real estate investor and operator, has hired Stella Pappas as a vice president of investor relations on the firm’s Chicago-based investor relations team. With over 15 years of real estate investment, acquisition and asset management experience, she will help manage the firm’s investor and consultant relations and develop new multifamily, seniors and hotel client relationships.

Industrial N Illinois
Mark Levy;Hilco Redevelopment Partners

Industrial vet, Mark Levy, joins Hilco Redevelopment Partners

Hilco Redevelopment Partners, a unit of Hilco Global, announced that Mark Levy has joined its real estate redevelopment team as executive vice president – industrial acquisitions. He will be responsible for expanding the acquisition team and strategy, with a focus on continuing to source and complete industrial redevelopment transactions throughout North America within Hilco’s real estate redevelopment operating company.

Retail N Illinois
Renaissance Place, Highland Park, Illinois.

NKF marketing four retail centers throughout Chicagoland

Tabani Group has appointed Newmark Knight Frank (NKF) as the exclusive leasing agent for four of its prominent retail centers throughout Chicagoland. NKF senior managing directors James Schutter and Terry Alexa, along with managing director Larry Kling, director Luke Sementa and associate John Fiori, will lead the brokerage team assigned to lease the retail spaces at Renaissance Place, The Glen Town Center, Town Center Promenade and Home Depot Center. Together, the new assignments total over 500,000 square feet of retail space.

Office N Illinois
1000 W. Carroll Avenue, Chicago.

Chicago Plan Commission signs off on Fulton Market projects by Sterling Bay

Sterling Bay has won approval from the city’s Plan Commission for two new buildings in Chicago’s hot Fulton Market District. The Chicago developer is proposing one property at 1000 W. Carroll Avenue and another across the street at 345 N. Morgan Street. The dual-building project still need approval from the zoning committee and the City Council before they can break ground.

Net Lease N Illinois

Envoy Net Lease forms JV with private investment firm with over $10B in backing

Envoy Net Lease Partners, a Chicago-based capital provider to the net lease real estate sector, announced the formation of a joint venture with a global private equity firm. The new joint venture is one of the few that involves an institutional investor making a capital commitment to the high-leverage build-to-suit construction lending market, a specialty financing niche that provides up to 100 percent loan-to-cost construction financing for single-tenant net lease properties.