More than 200 results for “randolph street capital”
CRE N Illinois

Eisenberg Foundation names winner in Midwest Real Estate Challenge

On Saturday, April 6 at the Standard Club, student groups from eight universities competed at the ninth annual Harold E. Eisenberg Foundation Real Estate Challenge for top honors and $10,000 in scholarships. Marquette University’s proposal, The Connect: a revitalization of life and play in Chicago Ridge, impressed the judges, along with the…

Retail N Illinois

Luxury rental tower Optima Signature welcomes Egg Harbor Cafe

Optima Signature, a 57-story, 490-unit luxury apartment tower just east of Chicago’s Magnificent Mile, has signed a lease with Egg Harbor Café, a restaurant specializing in breakfast, brunch and lunch with 20 locations in Illinois, Wisconsin and Georgia. Expected to open in fall 2019, it will be the first downtown Chicago location for the brand.

Seniors Housing N Illinois

POAH acquires Chicago-area YMCA senior housing properties

Preservation of Affordable Housing (POAH) is acquiring six senior housing facilities financed by HUD and currently owned by YMCA Foundation entities. POAH will continue providing affordable rental housing to seniors at all 461 apartments, which were previously managed by the YMCA of Metropolitan Chicago. As the new owner, POAH will honor ex…

Finance N Illinois

Draper and Kramer hires Jacob Vial as SVP for FHA/HUD lending

Draper and Kramer has hired Jacob Vial as senior vice president in the company’s commercial finance group, overseeing Federal Housing Administration/Housing and Urban Development lending for multifamily and senior housing properties. Based out of the firm’s Chicago headquarters, he will serve as chief underwriter for all credit decisions an…

Industrial N Illinois

Five points of industrial analysis

| Matt Baker

Institutional investors, developers and users alike are drawn into the industrial vortex, an asset class outperforming all others as the economy continues to shift to on-demand everything. What’s in store for the remainder of 2019 and this development cycle?

Finance N Illinois

Old Town multifamily project a go with closing of funding round

New York-based Prodigy Network has closed the first round of equity funding for a seven-story multifamily building in the Old Town neighborhood, its inaugural project in Chicago. The $22 million raised will facilitate property acquisition and predevelopment costs for the project at 1400 N. Orleans Street, Old Town Residences, which moves to…