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

Ahead of the CRE Forecast, a look at Chicago in 2019

| Matt Baker

When the 850 or so expected industry professionals pour into the Hyatt Regency Chicago on Jan. 8 for the 17th annual Commercial Real Estate Forecast Conference, they’ll hear from dozens of experts about where the market is headed in 2019. We reached out to two of the speakers, Molly McShane and Drew Nieman, for a preview of what they feel t…

CRE N Illinois

Forecasting three corners of commercial real estate for 2019

| Matt Baker

All throughout 2018, the real estate market was once again buoyed by a virile U.S. economy. There may new challenges in 2019 in the forms of rising interest rates, tightening credit and lingering uncertainty over the geopolitical climate, yet many commercial real estate professionals remain bullish on the market going into the new year.

Multifamily N Illinois

Mixed-use Uptown development receives financing

CEDARst Companies has secured financing for The Draper at 5050 N. Broadway, a mixed-use development project in Chicago’s Uptown neighborhood. The recent closing allows CEDARst to complete the first of two planned phases on the development. Total project costs for Phase I are estimated at $115,450,000; CEDARst raised $41 million of project equity.

Finance N Illinois

Capital acquisition in 2019 to continue unabated for investors

| Matt Baker

According to a survey of 200 investors and investment managers conducted by tech-enabled commercial real estate lender Money360 earlier this year, equity market volatility, rising interest rates, credit spread compression and other factors were sending them toward the relative stability of physical assets like real.

CRE N Illinois

CRE Future Leaders: Scott Benedetto

As part of our series, CRE Future Leaders, we caught up with Scott Benedetto, an investment manager at CenterPoint Properties. Benedetto joined CenterPoint in 2012 as an investment analyst supporting acquisitions nationally and is now responsible for national dispositions and sourcing and executing acquisitions in Chicago and Houston. He si…

Legal Midwest

The legal loopholes of Opportunity Zones

| Matt Baker

Last year’s introduction of Opportunity Zones provides the potential to lift up impoverished areas while simultaneously giving tax benefits to investors. The finer points of how the program will actually work are starting to take shape, though it’s clear that there are several legal implications for participants looking to dive into this ne…

CRE X Missouri

Commercial Real Estate Hall of Fame: Cushman & Wakefield's Keith Schneider

Each year, Midwest Real Estate News highlights the careers of the most successful CRE pros in the Midwest in its annual Commercial Real Estate Hall of Fame issue. This year, we are running these profiles online, too. Today, we look at the busy career of Keith Schneider, senior vice president with the St. Charles, Missouri, office of Cushman…

Finance N Illinois

The fall of RealtyShares: Four lessons learned

| Adam Gower, Ph.D.

The collapse of RealtyShares has sent shock waves through the nascent online real estate syndication industry—colloquially known as real estate “crowdfunding”—but there are both reasons for optimism and lessons to be learned. The failure of RealtyShares is not an indictment of the premise upon which real estate crowdfunding is based. It is …

Seniors Housing N Illinois

Supply and labor concerns in the senior housing sector

| Matt Baker

Approximately 150 industry professionals crowded into the University Club on Wednesday, November 7th for REjournals’ 10th annual Chicago Senior Housing Real Estate Conference. While the mid-term elections were fresh in everyone’s minds, the most-discussed topics of the day had more to do with overbuilding and labor shortages than politics.

Seniors Housing N Illinois

Q&A with James Keledjian, principal at Pathway to Living

| Matt Baker

In a recent survey of senior housing investors, nearly two-thirds of respondents expected the size of their portfolios to swell over the next 12 months. Coupled with an imminent demand brought on by the aging baby boomer generation, it’s clear that this product type is poised for major activity over the next few years.

Hospitality N Illinois

Red Roof expands The Red Collection with Springfield hotel

State House Inn, the second property and first franchised property in The Red Collection, Red Roof’s first soft-brand, has opened in Illinois’ capital city, Springfield. Located in the heart of downtown, the property features 125 guest rooms and has undergone a full renovation. The property is owned by Vendian Capital Management and managed…

Industrial N Illinois

The road ahead for logistics is all clear

| Matt Baker

The impact that transportation and logistics have had on industrial real estate over the past decade is unprecedented. The flow of goods, spurred on by online shopping, has led to an incredible pace of warehouse and logistics facility development.

Hospitality N Illinois

Aries Capital and Four Corners Advisors form strategic alliance

Neil Freeman, chairman and chief executive officer of Aries Capital, LLC, and Michael Shindler, president and chief executive officer of Four Corners Advisors, Inc., announced that the two Chicago-based firms have formed a strategic alliance to provide an end-to-end hotel advisory, transaction and financing platform for hotel developers and…