More than 200 results for “venture one real estate”
Multifamily N Illinois

South Loop, 298-unit high-rise sells in Chicago

Holliday Fenoglio Fowler, L.P. (HFF) announced the off-market sale of Burnham Pointe, a 298-unit high-rise apartment property in Chicago’s South Loop. The HFF team advised on the transaction between the seller, Crescent Heights, and the buyer, a joint venture between Draper and Kramer and Intercontinental Real Estate Corporation. Terms of t…

Multifamily N Illinois

Construction begins on Des Plaines multifamily development

The Opus Group has begun construction on a 113-unit, mixed-use multifamily development in Des Plaines, Illinois, adjacent to the O’Hare office and industrial submarkets. Located at 1555 Ellinwood Avenue, the transit-oriented development will feature 1,400 square feet of ground floor retail space and will embrace the live-work-play mantra th…

Finance N Illinois

CEDARst closes $92 million recapitalization in Chicago's River North

CEDARst Companies has secured financing for the recapitalization of 800-812 N. Clark Street, a two-phased, mixed-used development project in Chicago’s River North neighborhood. The 230-unit, $92 million project is comprised of the recently delivered redevelopment of the historic Bush Temple of Music and the future development of an adjoinin…

CRE N Illinois

Silicon Valley leader, Vinay Goel, joins JLL

JLL announced the appointment of former Google executive Vinay Goel as its chief digital product officer, reinforcing the company’s position as the digital leader in corporate real estate. JLL created this new role to oversee delivery of innovative technology solutions to enhance clients’ business performance.

Industrial N Illinois

Venture One fund purchases Wheeling industrial building

Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 34,812-square-foot industrial building located at 504 Glenn Avenue in Wheeling, Illinois. The acquisition was a sale-leaseback with seller, who consolidated into the sou…

Finance N Illinois

Associated Bank loans $23M for two Chicago-area construction projects

Associated Bank completed two construction loans totaling more than $23.4 million. The first loan, for $13,020,000, was to Conor Commercial Real Estate for the construction of a 265,550-square-foot speculative industrial building on previously vacant land at 27W460 St. Charles Road in Winfield, Illinois. Construction of the North Avenue Com…

Industrial N Illinois

Industrial Outdoor Ventures secures $65M loan

Industrial Outdoor Ventures (IOV) has entered into a $65 million secured revolving credit agreement with a syndicate of banks led by CIBC. The credit facility allows IOV to expand its existing holdings to $100 million plus in assets, which the company expects to achieve over the next six months.

Office N Illinois

Rosemont office tower's new ownership taps Colliers

Colliers International | Chicago has been named leasing agent for 5500 Pearl Street, a 133,237-square-foot, Class A office building located in Rosemont, Illinois. The property was recently acquired by Integris Ventures in partnership with Starlight Equity Partners. The new owners will directly manage the property and plan to pursue capital …

Industrial N Illinois

Big box vacancy finally decreases, but I-80 keeps on building them

| Matt Baker

Over the past two years, big box speculative construction deliveries resulted in a steadily increasing vacancy rate, even while net absorption remained positive. But for the first time in that span, according to a Colliers International report looking at the first quarter of 2018, the big box vacancy rate in the Chicago metro decreased by 4…