CRE N Illinois
CRE Future Leaders: Jared Larson

CRE Future Leaders: Jared Larson

As part of our series, CRE Future Leaders, we caught up with Jared Larson, vice president of asset management and investment at Sterling Bay. Since joining Sterling Bay in 2014, Larson has worked in a broad spectrum of the industry, including acquisitions, dispositions, financing, capital markets, asset management and development. His efforts have been focused on Chicago’s Fulton Market district, including the new McDonald’s headquarters.

CRE N Illinois
Scott Napier;Heitman

Scott Napier joins Heitman as SVP, client service and marketing

Real estate investment management firm Heitman has hired Scott Napier as senior vice president, client service and marketing. Napier joins a growing team within Heitman’s client service and marketing group with responsibility for supporting the firm’s initiatives and clients within the subadvisory and financial intermediary channels.

CRE N Illinois
Christie Kelly;JLL

JLL's Christie Kelly stepping down as CFO

JLL announced that Christie Kelly has resigned as chief financial officer in order to pursue other opportunities. Chief administrative officer Trish Maxson will expand her remit to become interim CFO until a permanent successor is in place. The changes take immediate effect, with Kelly staying on with JLL until year-end to ensure a smooth transition.

CRE N Illinois
Ted Hamilton;Elkay

Elkay makes changes to senior leadership team

Elkay recently promoted Ted Hamilton to president, Elkay Plumbing. Hamilton's long tenure with the company and deep understanding of the market, along with the diversity of roles and experiences he has held within Elkay, make him ideally suited to fulfill this broad strategic role within the company.

CRE N Illinois
Ken Swartz; Summit Design + Build

Summit Design + Build names new VP

Chicago general contractor Summit Design + Build, LLC, recently welcomed Ken Swartz as the firm’s new vice president. Swartz joins Summit Design + Build after tenures with some of the nation’s top contractors and with more than 35 years of industry experience.

CRE N Illinois
Patrick Shannon;ML Realty Partners

Shannon promoted to SVP at ML Realty Partners

Patrick Shannon has been promoted to senior vice president from vice president at Itasca, Illinois-based ML Realty Partners. In his new role as senior vice president, Shannon will lead the leasing and acquisition efforts for ML Realty Partners in the Chicagoland market.

CRE N Illinois
Lee Kotler;Konnect Real Estate

Konnect Real Estate launches KNCT Lending, LLC

Lee Kotler, president of Chicago-based Konnect Real Estate, announced that his firm has launched a privately held real estate debt fund, KNCT Lending, LLC (“KNCT”), focusing on short-term and transitional capital. The fund’s goals are to provide real estate owners and operators with flexible, creative and reliable short-term lending solutions as well as accelerated term sheets and approvals. The fund will also offer low loan minimums ranging from $250,000 to $3 million and more flexible underwriting guidelines.

CRE N Illinois
West Loop loft office building sells for $13 million

West Loop loft office building sells for $13 million

Marcus & Millichap announced the $13.1 million sale of a four-story, 30,620-square-foot loft office building located at 1027-1031 W. Madison St. in Chicago’s West Loop. At $436 per square foot, it is one of the highest prices paid on a per-square-foot basis for a multi-tenant loft office building in the neighborhood. The fully leased building is located one block south of McDonald’s new global headquarters, which opened in June.

CRE N Illinois
David Schwartz;Waterton

Waterton's David Schwartz inducted Into Chicago Association of Realtors Hall of Fame

David Schwartz, chairman, CEO and co-founder of Chicago-based Waterton, has been inducted into the Chicago Association of Realtors Hall of Fame at a ceremony on September 12th at the Marriott Marquis in Chicago. As a real estate professional with outstanding contributions to the industry, Schwartz joins such luminaries as Marshall Bennett, Dan Levin, Arthur Rubloff, Sam Zell and many others.

CRE N Illinois
Casey Burch;LCM Architects

LCM Architects announces Small and Burch as new partners

Mark Small and Casey Burch, AIA, LEED AP, PMP have been promoted to the role of partner at LCM Architects. The promotions strengthen two of LCM’s core practice areas: Fair Housing Act consulting and architectural design. They will continue to provide leadership to their departments, while offering strategic direction in the growth and operations of the firm.

CRE c Nebraska
Plans for a newly renovated Blackstone Hotel are a highlight of the work taking place in Omaha’s Blackstone District.

Staring at a bright future in Omaha

Chris Johnson knows Omaha. He grew up in Nebraska’s largest city. Today, he works here as vice president and managing principal of Leo A Daly, a planning, architecture, engineering, interior design and program management firm headquartered in the heart of Omaha.