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.

Multifamily Midwest
Evergreen Real Estate taking on management duties at properties across Midwest

Evergreen Real Estate taking on management duties at properties across Midwest

Chicago-based Evergreen Real Estate Group has been retained to manage nine affordable-housing communities for a total of 1,071 units across Illinois, Kansas, Ohio and Wisconsin. The assignments include a mix of affordable housing for families, seniors and people with disabilities, expanding Evergreen’s management portfolio to more than 8,500 units throughout the United States.

Finance Midwest

A big 2018 for Bellwether: More than $7 billion in estimated loan volume

Bellwether Enterprise Real Estate Capital LLC finished 2018 strong, with more than $7 billion in estimated loan volume and a servicing portfolio of $22.6 billion. This included the closing of more than 750 loans for commercial and multifamily properties in key markets across the United States. The total loan volume was a 17 percent increase from 2017, a sign of Bellwether Enterprise’s continued growth and potential.

CRE Midwest
Cushman & Wakefield acquires QSI Facilities

Cushman & Wakefield acquires QSI Facilities

Cushman & Wakefield announced the completion of its acquisition of Quality Solutions, Inc. (“QSI”). This acquisition will expand Cushman & Wakefield’s facilities management capabilities and coverage across North American markets by leveraging QSI’s strong supply chain of 50,000+ qualified suppliers and 75+ facilities trades.

Healthcare Midwest
The MOB portfolio includes Christ Hospital Surgery Center at 4850 Red Bank Road in Cincinnati.

Welltower, CNL Healthcare exchange $1.25 billion MOB portfolio

Welltower Inc. and CNL Healthcare Properties have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 billion. The sale is expected to close during the first half of 2019, subject to customary closing conditions, governmental and other third-party consents.