More than 200 results for “cannon commercial management”
CRE N Illinois

CRE Future Leaders: David Mitchell

| Matt Baker

David Mitchell is a senior manager, portfolio risk and operations at Alliant Credit Union, where he oversees the risk management and portfolio management of debt products primarily secured by commercial real estate.

Hospitality N Illinois

Arlington Heights hotel sells for $7.5 million

Marcus & Millichap closed the sale of Comfort Inn, a 125-room hospitality property located at 2120 S. Arlington Heights Road in Arlington Heights, Illinois. The 125-room, three-story, upper midscale, concrete block hotel—featuring elevator service, a business center, fitness center, dry cleaning services and meeting rooms—sold for $7,500,000.

Multifamily Midwest

The sector with the strongest outlook? It's not industrial

| Dan Rafter

Which commercial sector is the strongest? Across the Midwest and the United States, it’s long been a battle between industrial and multifamily. A new report, though, suggests that rising demand and slowing construction will provide an additional boost to the multifamily sector starting in 2020. And that small boost could mean a future that’…

CRE N Illinois

Stuart Sziklas joins LaSalle as head of U.S. custom accounts

LaSalle Investment Management announced that Stuart Sziklas will join the firm as the head of U.S. custom accounts, effective September 3, 2019. Sziklas will relocate from Boston to LaSalle’s global headquarters in Chicago and report to Americas CEO Jason Kern. The appointment coincides with the transition of Karen Brennan to CEO of LaSalle…

CRE N Illinois

For the first half of 2019, cap rates remained stable

| Matt Baker

Thanks to moderate growth, low inflation and falling long-term interest rates, cap rates for commercial real estate assets held steady in the first half of 2019. In Chicago, two sectors have a favorable outlook as they came in below the national average.

Multifamily N Illinois

Avanath pays $55 million for affordable housing portfolio

Avanath Capital Management, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined 317 units in Chicago and Maryland. The assets, which bring the company’s total holdings in Chicago to 1,063 units, were acquired for a total of $55.05 million.

Office N Illinois

Chicago public radio station gets new digs at Navy Pier

Serving as general contractor, Skender recently completed interior construction of a 37,000-square-foot renovation project at the headquarters for WBEZ, an affiliate of nonprofit media organization, Chicago Public Media. Charlie Greene Studio and ConopCo Project Management collaborated with Skender on the project.

CRE N Illinois

J.C. Anderson completes amenity space renovation at Aon Center

J.C. Anderson has completed a 29,000-square-foot renovation project at the Aon Center, 200 E. Randolph Street, Chicago. Known as “Cloud Level,” the space is now the highest fitness center and amenities space in the city. The new, modern space is accented by custom wood finishes and imported stone tops, intricate ceilings accompanied by fash…