More than 200 results for “ComEd”
Healthcare N Illinois

The outlook for outpatient could mean outrageous returns

| Matt Baker

The hospital’s monopoly on healthcare is coming to an end. These large institutions aren’t going anywhere, of course, but every year, more and more people receive treatment in medical office buildings (MOBs), retail centers and other off-campus facilities. And real estate investors have taken notice.

CRE O Indiana

Good news abounds at 3rd annual Indianapolis CRE Summit

| Dan Rafter

Bad weather? That didn’t stop more than 140 commercial real estate professionals from attending the third annual Indianapolis CRE Summit held March 14 by REjournals.com and Midwest Real Estate News. The takeaway from the conference? The Indianapolis CRE market is strong and is expected to remain so throughout 2019 and into next year.

Retail N Illinois

Urbanspace to bring new food hall to Chicago Loop

Food hall operator, Urbanspace, has signed a lease to bring a new food hall to Chicago’s Loop. The 12,000-square-foot facility will accommodate more than 20 vendors on the ground floor of the 15 W. Washington Building, once the home of Woolworth’s flagship store at Washington and State.

CRE Midwest

Choosing the right umpire a critical step in arbitration cases

| Gary DeClark, Valbridge Propery Advisors

In real estate arbitration matters, there are no simple means for challenging an “umpire’s” decision. Unlike the remedies that exist in most professional sports contests, there is no ability to throw the challenge flag or send it back to New York for further review.

Retail N Illinois

Redevelopment coming to Vernon Hill's Hawthorn Mall

Centennial, a fully integrated real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations, announced a transformative redevelopment plan for Hawthorn Mall, a super-regional shopping center that has been the preferred retail and dining destination in Vernon Hills, Illinois, since 1973.

CRE V Michigan

Cushman & Wakefield's Keais: Born, raised and thriving in Detroit

| Dan Rafter

Garrett Keais has worked in commercial real estate for nearly three decades. During this time, he’s regularly ranked as a top producer and has managed the real estate portfolios of several multi-billion-dollar financial institutions. Today, he is one of the leaders in Detroit’s commercial industry, working as a managing principal with the S…

Multifamily N Illinois

Chicago's multifamily market thriving, evolving

| Matt Baker

With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over 225 people had their questions answered at the 10th Annual Chicagoland Multifamily & Affordable Housing Real Estate Summit, hosted by REjournals.

Finance N Illinois

PMG secures $30.7 million refi for co-living project, X Chicago

X Social Communities (XSC), a multifamily division of Property Markets Group (PMG), has closed on a $30.7 million loan from NXT Capital to refinance its 99-unit X Chicago project, which opened in June 2018. The loan replaces a construction loan from Principal Financial Group and returns capital to equity investors, including Raven Capital M…

Finance Midwest

Berkadia's Ernie Katai: Multifamily still drawing financing requests

| Dan Rafter

How strong is the multifamily market today? Just ask Ernie Katai, head of production and executive vice president with the Detroit and Chicago offices of Berkadia. He’s seeing a steady stream of financing requests for multifamily purchases and developments. The best news? Katai doesn’t see a slowdown coming in this sector anytime soon.

Office N Illinois

United Airlines reups at Chicago's Willis Tower

United Airlines has renewed its lease in Willis Tower, which will keep the world’s second-most profitable airline in the noted high-rise until at least 2033. The news comes after a year-and-a-half search that saw the company considering riverfront megadevelopments for a new headquarters location.

Retail N Illinois

New Jewel ends 50-year food desert for Chicago's Woodlawn neighborhood

The Preservation of Affordable Housing (POAH) joined with Chicago Mayor Rahm Emanuel and community members to celebrate the grand opening of a new Jewel-Osco store in Chicago’s Woodlawn neighborhood. The move comes after more than $410 million in investment over nearly a decade of redevelopment efforts that started with a modest rehab of th…

Finance Midwest

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

| Dan Rafter

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 c…

CRE N Illinois

Q&A: Quantum Real Estate Advisors' Chad Firsel

| Matt Baker

Growing up, Chad Firsel helped around his father’s real estate law firm, working his way up from making copies and billing to practically performing the duties of a law clerk. “I realized I didn’t want to be a lawyer,” Firsel said. “There’s a lot of sitting around and arguing and typing.”