169 results for “chicago real estate resources”
Office N Illinois

Coworking company, Offix, opens first U.S. location in Chicago

International coworking company, Offix, has opened its very first U.S. office at Catalyst Lofts, located at 917 W. 18th Street in Chicago’s Pilsen neighborhood. Chad Schroedl and Adam Thomas of SVN Chicago Commercial represented the landlord in the 6,394-square-foot lease, while Leibel Moscowitz of Vandon Forbes Real Estate represented the tenant.

CRE N Illinois

Sterling Bay launches philanthropic effort, SB Cares

Chicago-based real estate investment and development firm Sterling Bay launched SB Cares, a new philanthropic initiative that will bring together local members of the community and Sterling Bay employees to identify groups and organizations that focus on creating new opportunities for growth, whether individual or community-oriented. The in…

CRE N Illinois

NAI Hiffman appoints Kastner to CFO and Kenny as SVP, project management

Oakbrook Terrace, Illinois-based commercial real estate firm NAI Hiffman has appointed Annette Kastner to chief financial officer and director of accounting services. Additionally, NAI Hiffman announced Peter Kenny has been appointed to senior project management to support the growth of its project management platform; he will report to man…

CRE N Illinois

Three steps forward: Reducing the CRE carbon footprint

| Matt Baker

Over the past decade, the real estate industry has taken substantial strides toward reducing carbon emissions and energy consumption—all while increasing asset value. There are three keys to keeping this progress on track: waste reduction, legislation and investor activity.

CRE N Illinois

David Reifman joins real estate arm of Clayco

Former City of Chicago Planning and Development Commissioner, David Reifman, will join Clayco’s real estate development and investment firm as partner and senior vice president for strategic development initiatives. Reifman will lead key aspects of CRG’s national development activities, help expand Clayco’s design and construction businesse…

CRE N Illinois

CRE Future Leaders: Harrison Cohen

| Matt Baker

In February 2018, Harrison Cohen joined Triton Realty Group as a commercial investment advisor specializing in the sale of multifamily and mixed-use properties in the Chicagoland area. Cohen has been a licensed attorney for five years and hit the ground running at Triton, closing his first sale three months into the business. Since joining …

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…

Retail N Illinois

JLL adds two retail experts to Chicago team

Shannon Pope and Patrick Owens have joined JLL as senior vice presidents of retail advisory services, based in Chicago. Pope and Owens have supported retailers and investors operating in the Chicago region with over four decades of combined experience in the commercial real estate industry. In their new roles, they’ll focus on growing the f…

CRE N Illinois

Appraisal pioneer Eugene Stunard passes away

Eugene W. Stunard, MAI has passed away at the age of 86. The legendary appraiser co-founded Appraisal Research Counselors, one of the largest independent valuation firms in the United States, in 1968 with his wife, Joan Stunard.

CRE N Illinois

Newmark Knight Frank welcomes Jimena Sayavedra as an associate

Newmark Knight Frank (NKF) announced that Jimena Sayavedra has joined the team as an associate in the company’s Chicago office. Specializing in industrial brokerage, Sayavedra will represent local and national clients, partnering with NKF senior managing director Elise Couston, SIOR, to advise clients on acquisitions, dispositions, leases a…

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.

CRE N Illinois

CRE Future Leaders: Bryan Rosenberg

As part of our series, CRE Future Leaders, we caught up with Bryan Rosenberg, a director in the Chicago office of HFF with more than eight years of experience in real estate and finance. His primary focus is office investment advisory  across the Midwest United States. Throughout his career, Rosenberg has been involved in more than $5 billi…

CRE N Illinois

Draper and Kramer announces four executive-level promotions

Draper and Kramer, Incorporated, a Chicago-based real estate services firm, announced the promotion of four senior executives. Edward Polich has been named executive vice president of real estate, while Blas Puzon has been promoted to chief investment officer. Additionally, Julie Stevlingson is stepping into an expanded role leading constru…

Multifamily N Illinois

Chicago property management firms merge, become “Westward360”

Westward Property Management and TriView Property Management have merged their real estate management services. The new company, called Westward360, focuses largely on community associations and multifamily buildings with roughly 600 buildings comprising approximately 25,000 units under contract. Westward360 has about 200 employees total fo…

CRE N Illinois

Unlocking Opportunity Zone deals in Illinois

| Richard Sarkis

Opportunity Zones have become a major talking point in the commercial real estate industry ever since Congress passed the 2017 Tax Cuts and Jobs Act. Created to encourage long-term investment and growth in low-income, distressed American communities, Opportunity Zones offer tax breaks on capital gains to investors and developers who make im…

Multifamily N Illinois

Mixed-use property sells for $3.5M off market

Chicago Real Estate Resources, Inc. brokered a $3.5 million, off-market sale to to Mavrek Development. Michael Weaver and Sean Mason handled the transaction for the property, located in Chicago’s Lakeview neighborhood. The sale-leaseback transaction has Byline Bank signing a long-term lease to remain as the ground floor commercial tenant in…