More than 200 results for “US Capital Development”
Legal N Illinois

Bridge Development Partners hires first-ever general counsel

Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring …

CRE O Indiana

A slowdown brewing in Indianapolis? There are no signs

| Dan Rafter

There have been few signs of a slowdown in the Indianapolis commercial real estate market. In fact, sales, leases and new construction in this key Midwest city all remain strong. Why? To find out, Mdwest Real Estate News spoke to David Funke, managing director with the Indianapolis office of CBRE. Here’s what he had to say.

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.

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…

Finance N Illinois

IECA closes Illinois' first Commercial PACE financing deal

The Illinois Energy Conservation Authority NFP (IECA) closed the first commercial Property Assessed Clean Energy (C-PACE) financing deal in Illinois on August 30, 2019, totaling $318,000. This transaction, which will fund a roof replacement and solar photovoltaic (PV) system in Wood Dale, Illinois, also marks the first solar C-PACE financed…

CRE N Illinois

Marijuana cultivation facility set to double in size

Freehold Properties, a newly formed real estate investment company focused on specialized agricultural, industrial and cannabis properties, will provide up to $28.75 million in real estate capital expansion funding to Revolution Global, a Chicago-based, multi-state cannabis operator. Revolution plans to use the capital to more than double t…

CRE N Illinois

There’s no better ROI than investing in people

| Matt Baker

For owners, investors, operators, portfolio managers and enterprise users, building optimization is key to ensuring that every penny that goes into a real estate asset is put to use effectively. So how do you quantify a property’s performance for what is typically the biggest annual spend—the people that occupy the space?

CRE N Illinois

CRE Future Leaders: Shawn Clark

Shawn Clark maintains an active role in deal structuring, fund and project level financing activities, development management and asset management as president of CRG. He has over a decade of experience in the commercial real estate industry and is the founder of Illumination, a charitable theatrical event.

Office N Illinois

The 'burbs are still an office draw

| Matt Baker

More than 150 people packed into the recently renovated atrium of President’s Plaza near O’Hare for the 4th annual State of the Suburban Office Conference, co-hosted by GlenStar. The dozen expert speakers on hand had much to say about the state of affairs for the office market outside the influence of downtown Chicago.

Industrial N Illinois

CA Industrial appoints CRE veteran Michael Podboy as president

Chicago-based CA Industrial, the industrial investment and development division of CA Ventures, has appointed Michael Podboy, a veteran of the commercial real estate industry who has overseen more than $750 million in development, as president for the division. Podboy will build on the success of CA Industrial, launched in July 2018 with a …

Industrial N Illinois

Industrial vet, Mark Levy, joins Hilco Redevelopment Partners

Hilco Redevelopment Partners, a unit of Hilco Global, announced that Mark Levy has joined its real estate redevelopment team as executive vice president – industrial acquisitions. He will be responsible for expanding the acquisition team and strategy, with a focus on continuing to source and complete industrial redevelopment transactions th…

Office N Illinois

Shapack nets record sale in Fulton Market

Shapack Partners has sold 811 W. Fulton Market to Boston-based Intercontinental Real Estate for $50.3 million. The sale price equates to $775 per rentable square, surpassing the previous record in Chicago of $734 that the RxBar headquarters at 412 N. Wells Street in River North achieved earlier this year.