162 results for “chicago real estate resources”
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…

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.

CRE N Illinois

CRE Future Leaders: Lucas Fryman

As part of our series, CRE Future Leaders, we caught up with Lucas Fryman, director at Interra Realty. Fryman left the third-party logistics industry—where he ranked within the top 10 percent of his firm in overall sales volume for four years running—to join Interra in 2016. With an in-depth understanding of Chicago sub-markets Fryman pride…

CRE N Illinois

Retail veterans establish new firm, A R C Real Estate Group

Andy Robbins and Al Rodenbostel, the principals and founders of ARCORE Real Estate Group, along with Anthony Campagni, who helped establish RKF’s presence in Chicago, have joined together in forming A ▪ R ▪ C Real Estate Group. The firm has been created to serve new and existing retail clients in Chicago and nationally, and to provide compr…

Industrial N Illinois

Industrial Insider: The rise of data centers

| Elise A. Couston, SIOR

This month, the Industrial Insider will explore the rise of data centers. As the property type continues to experience double-digit growth and we expect that this type of development will continue to expand well into the next decade.