Finance Midwest
Expect plenty of financing requests for office renovation projects in 2019.

Associated Bank's Warsek: CRE strong, but evolving, in 2019

Commercial lenders can tell when the commercial real estate market is hot and when it’s heading for a slowdown. And 2019? Greg Warsek, senior vice president and senior regional manager in the Chicago office of Associated Bank, told Midwest Real Estate News that this year should be another strong one when it comes to financing requests and commercial sales and development activity.

Hospitality Midwest
For hotels, it’s all about the experience

For hotels, it’s all about the experience

Brand loyalty used to drive hotel guests’ decisions, but there’s been a shift toward experience. In order to balance guests’ desires for convenience and exclusivity, the hospitality industry has had to transform, offering the loyalty points, booking expediency and other features of a chain hotel with the hip feel and cutting-edge amenities of a one-off boutique.

Net Lease Midwest
Commercial Real Estate Hall of Fame: The Boulder Group's Randy Blankstein

Commercial Real Estate Hall of Fame: The Boulder Group's Randy Blankstein

Each year, Midwest Real Estate News elects a new class to its Midwest Commercial Real Estate Hall of Fame. Our 2018 class has just been announced, and copies of that issue have been sent. But before we start running those profiles online, we are highlighting the careers of the CRE pros who were selected for our 2017 Hall of Fame class. This week, we look at the successful career of Randy Blankstein, president of The Boulder Group in the Chicago suburb or Northbrook, Illinois.

CRE Midwest
Jacob Calvin;FABCON

FABCON boosts staff in Midwest

FABCON Precast made three big promotions and additions to their staff during January, naming Jacob Calvin area EHS manager in Kansas, Scott Roberts IT business analyst in Minnesota and Angela Van Strander as W2E project manager in Pennsylvania.

Healthcare Midwest
The evolving world of healthcare: Trend toward freestanding facilities continues

The evolving world of healthcare: Trend toward freestanding facilities continues

The way medical providers treat patients is changing. Patients no longer want to drive to a main hospital building where they might have to fight traffic and hunt for a parking space. Instead, they prefer receiving treatment at smaller, less crowded outpatient centers. This trend is behind a big change from a major medical institution in the Midwest cities of Lexington, Kentucky, and Minneapolis.

Finance Midwest

Money360 enters $150 million repurchase facility with JPMorgan Chase

Money360, a technology-enabled direct lender specializing in commercial real estate loans, today announced that it has entered an agreement for a $150 million master repurchase facility with JPMorgan Chase Bank, N.A. (the “facility”), which it will use to finance commercial mortgage loan originations. The facility has a two-year term and permits advancement of up to 75 percent of commercial mortgage assets.

Industrial Midwest
Another boom in 2019? Industrial markets poised to soar this year

Another boom in 2019? Industrial markets poised to soar this year

Commercial real estate pros agree: As 2019 begins, industrial remains the hottest CRE sector, with companies scrambling to either find or build modern warehouse and distribution facilities across the Midwest. And a slew of year-end reports only backs up this belief, as researchers find tumbling vacancy rates and soaring demand for industrial space throughout the Midwest’s biggest markets.