More than 200 results for “Capital Markets”
Net Lease N Illinois

JLL closes sale of new retail property in suburban Chicago

JLL closed on the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple-net-leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best Properties LLC of Florida purchased the asset in a 1031 exchange.

CRE N Illinois

Stockbridge adds associate to Chicago office

Stockbridge, a San Francisco-based real estate investment firm, has hired Thomas Grusecki Jr. as an associate on the firm’s Chicago team. With more than 8 years of real estate investment and acquisition experience, Grusecki will focus on capital markets activities for the firm’s Core and Value-Added Business nationally.

CRE v Wisconsin

Berkadia adds new talent to Milwaukee team

Berkadia has added director Joe Thomae to its Milwaukee mortgage banking team. With a diverse background in LIHTC, workforce and special needs housing, Thomae will expand the team’s expertise in the affordable housing space. He will report to senior managing director Mark Dellonte.

Industrial N Illinois

Industrial sentiment stays strong as we sail into 2020

| Matt Baker

There are strong headwinds that may turn the bull real estate market bear, such as a decelerating economy and a simmering trade war. But a new sentiment survey suggests that the industrial sector is riding a separate current that should propel it beyond any slowdown in the overall market.

Industrial Midwest

Prologis to acquire Liberty Property Trust for $12.6B

Prologis and Liberty Property Trust have entered into a definitive merger agreement by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately $12.6 billion, including the assumption of debt. The board of directors of Prologis and the board of trustees of Liberty have each unanimously approved the transaction.

Office N Illinois

Chicago a top target for tech expansion

| Matt Baker

In the past year, technology firms accounted for more than 4 million square feet of occupancy in the Chicago CBD. With new tech job creation happening every year, the city is fast becoming a hub for West Coast firms seeking cheaper space.

Finance N Illinois

Mag Mile Capital completes $12.5M bank loan for R&R Global Partners

Mag Mile Capital closed a $12,500,000, seven-year, fixed-rate, 73 percent LTV, limited-recourse loan on behalf of Bryan Rishforth and Philadelphia-based firm, R&R Global Partners. Located in the near northwest suburb of Lincolnwood, Illinois at 6850 McCormick Boulevard, the subject property is anchored by Walmart’s new online grocery and co…

CRE N Illinois

Rick Moceri joins Frontier Development & Hospitality Group as SVP

Frontier Development & Hospitality Group LLC has appointed Rick Moceri as senior vice president of acquisitions and development. Moceri—who will be primarily based in Washington, D.C., but split his time between D.C. and his home Chicago market—is a long-term hotel investment professional with 16 years of experience performing hotel acquisi…

CRE N Illinois

CRE Future Leaders: Frank Montalto

| Matt Baker

As a director with Marcus & Millichap Capital Corporation, Frank Montalto is responsible for securing commercial debt financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources.