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

Draper and Kramer hires Jacob Vial as SVP for FHA/HUD lending

Draper and Kramer has hired Jacob Vial as senior vice president in the company’s commercial finance group, overseeing Federal Housing Administration/Housing and Urban Development lending for multifamily and senior housing properties. Based out of the firm’s Chicago headquarters, he will serve as chief underwriter for all credit decisions an…

Industrial N Illinois

Five points of industrial analysis

| Matt Baker

Institutional investors, developers and users alike are drawn into the industrial vortex, an asset class outperforming all others as the economy continues to shift to on-demand everything. What’s in store for the remainder of 2019 and this development cycle?

CRE N Illinois

Domus Group, Barnett Capital JV expands Fulton Market foothold

A joint venture between Domus Group LLC and Barnett Capital has acquired a series of properties in Chicago’s Fulton Market neighborhood that broadens the partnership’s holdings there and will bring 230,000 square feet of office space to Fulton Market in 2019. Those deliveries represent more than 60 percent of the office space to be delivere…

Office N Illinois

Coworking flexes its muscles

| Matt Baker

Coworking is a quite misunderstood segment of the real estate economy. It seems novel, but its roots go back to the ‘70s. It’s users are young start-ups, except when they are Fortune 100 multinationals. So just what is the reality about this emerging asset class and where are things headed?

Finance N Illinois

National Equity Fund names Matthew Reilein as president and CEO

National Equity Fund, a syndicator of the low-income housing tax credits (LIHTC) program, announced the appointment of Matthew Reilein as president and CEO, effective June 1, 2019. Reilein will oversee all day-to-day operations of the Chicago-based nonprofit, including the effective implementation of all policies and programs. Reilein will …

CRE Midwest

TCF Bank's Kelly: Developers can't just build apartments anywhere anymore

| Dan Rafter

As president of commercial banking in the Minneapolis office of TCF Bank, Patricia Kelly knows just how strong the commercial real estate market remains today. She also understands how the different commercial sectors are evolving. The financing requests TCF Bank receives offer evidence of office and multifamily sectors that are experiencin…

CRE N Illinois

North Wells Capital acquires undeveloped River North lot

North Wells Capital LLC, the investment management affiliate of Chicago-based Urban Innovations, has acquired a surface parking lot located at 320 W. Huron Street, between Orleans and Franklin Streets in Chicago. The half-block site is one of the few remaining large land sites in the River North neighborhood.

CRE N Illinois

CRE Future Leader: Kristen Alessi

Kristen Alessi is a property manager at Draper and Kramer, overseeing the community at Eleven Thirty in Chicago’s South Loop. She joined the firm in 2013 as a property administrator, quickly advanced through promotions and was recently named Accredited Residential Manager of the Year by the Institute of Real Estate Management’s Chicago chapter.

Hospitality N Illinois

Thomas Prins joins Hostmark Hospitality as minority partner

Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, has joined Schaumburg, Illinois-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business deve…

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 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…

Legal N Illinois

Real estate lawyer Andrew White joins Winston & Strawn

Winston & Strawn LLP announced the addition of real estate finance attorney Andrew White as a partner in the firm’s Chicago office. White, who served as office practice chair at his prior firm, focuses his practice on raising private equity capital and forming joint ventures to own, operate, develop and finance a full range of property clas…