120 results for “augmented reality”
CRE N Illinois

CRE Future Leaders: George Mack

| Matt Baker

George Mack joined Cresa in 2016 and has past experience raising debt and equity for corporate users of real estate. Mack has consulted on transactions valued over $120 million and advises Fortune 500 companies and private equity clients in asset monetization, office relocation, build-to-suit development, balance sheet restructuring and the…

Hospitality N Illinois

Construction wraps up on $67 million River North hotel project

Mortenson recently completed the newly opened 17-story, 206-room Home2 Suites by Hilton Chicago River North. Mortenson teamed up with lead developer and owner Akara Partners on the $67 million extended stay hotel, one of the few Home2 Suites by Hilton’s urban high-rise hotels, while also serving as the design-builder with Norr Architects.

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?

CRE N Illinois

CRE Future Leaders: Brendan Sheahan

| Matt Baker

With experience representing tenants, buyer and ownership representation in build-to-suits, investment analysis, acquisition and disposition services, Brendan Sheahan serves as vice president at Darwin Realty. He has completed over 1.3 million square feet of transactions totaling more than $30 million in value.

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…

CRE N Illinois

What’s really included in a tenant improvement allowance?

| Ashlee Pforr

Companies planning to move their offices have plenty of factors to consider, including whether to move into a new building or renovate a space in an older building. In either scenario, building owners offer tenant improvement (TI) allowances to help with the cost of making the space your own.

CRE N Illinois

Clayco hires Porter, Rollinson as key technology executives

Clayco has hired two digital and innovation executives: Matthew Porter as chief innovation officer and Simona Rollinson as chief information officer. Porter will oversee all aspects of technology at Clayco, continuing to drive the company’s message and implementation of innovation forward in the design-build industry, while Rollinson will b…

CRE N Illinois

Mortenson completes enclosure of Chicago Bears' Halas Hall addition

Mortenson has completed the enclosure of the major new addition to Halas Hall, putting it on track to complete the expansion and renovation of the home of the Chicago Bears before the start of the 2019-2020 NFL season. The modernization, including the 162,500-square-foot addition that more than doubles the size of the Bears’ headquarters, w…

CRE N Illinois

PPM America hires BlackRock vet to expand real estate debt capabilities

PPM America (“PPM”) announced the addition of a new managing director, Mark Kramer, who joins the firm’s 33-member commercial real estate team, which includes employees of PPM as well as PPM’s affiliate, PPM Finance, Inc. (“PPM Finance”). Based in Chicago, Kramerjoins from BlackRock, Inc. and brings 18 years of real estate investment expert…