More than 200 results for “Newport Capital Partners”
Office N Illinois

Chicago's "Big Red" nabs $370 million buyer

The John Buck Company (JBC) has reportedly found a buyer for 333 S. Wabash Avenue—the former CNA global headquarters that the developer purchased in 2016 for $108 million. This new transaction will prove to be quite the windfall for JBC, as a group of East Coast investors will acquire the Chicago Loop asset for $370 million.

Finance W Minnesota

The great wealth transfer

| Laura Hanneman, SR Realty Trust

Over the coming 25 years, Baby Boomers are expected to transfer roughly $55 trillion worth of assets to the next generation, charitable organizations and Uncle Sam. Looking out four decades to 2060, some 45 million Baby Boomers will have transferred ownership of nearly $70 trillion in assets. At their peak, Boomers will be transferring 10 p…

CRE O Indiana

NAI Cressy acquires Indianapolis' NAI Meridian

Mishawaka, Indiana-based NAI Cressy, the brokerage division of Cressy Commercial Real Estate, has acquired the majority ownership in Indianapolis-based NAI Meridian. The merger of these two NAI Global affiliates will create a full-service commercial real estate platform serving the vast majority of Indiana and Southwest Michigan with office…

Finance N Illinois

JLL arranges $57 million loan for extended-stay hotel in Chicago

JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago’s downtown River North neighborhood. JLL worked on behalf of the borrower, Akara Partners, to place the floating-rate loan with a global investment management firm.

CRE X Missouri

Poettker Construction earns record-breaking revenue in 2019

Poettker Construction Company, a construction firm in the St. Louis-area market, has much to celebrate heading into the new decade. The second-generation family-owned construction company surpassed 2019 projections and increased its revenue by a record-breaking 30 percent over the prior year.

Industrial N Illinois

Elk Grove Technology Park lands 15 MW data center

T5 Data Centers, a provider of mission-critical development, facilities management and construction services, announced the purchase of a 164,000-square-foot data center shell in Brennan Investment Group’s Elk Grove Technology Park in Elk Grove Village, Illinois. The facility will provide 103,000 square feet of white space and 15.4 critical…

Finance i Ohio

Three questions with ... Bellwether's Chad Hyland

| Dan Rafter

Chad Hyland, associate vice president in the Cincinnati office of Bellwether Enterprise, has more than 10 years of experience in commercial real estate finance. He’s also a proud resident of the Cincinnati area, having earned his bachelor’s degree from the University of Cincinnati. Midwest Real Estate News asked Hyland three big questions a…