Multifamily N Illinois
A tapestry by L.A.-based artist Pae White, titled “Bugs’ +body[radom10)]+”_abrash”+(black/blue)+newCoke” (2016), will be installed on the north wall of One Bennett Park’s condominium lobby. White is recognized for transforming ordinary and non-conventional materials into “ephemeral objects” and this tapestry is inspired by nature and science.

Related Midwest unveils commissioned artwork for One Bennett Park

In conjunction with EXPO CHICAGO 2018, Related Midwest has unveiled the three artists whose works will be featured in the grand lobbies of One Bennett Park, the developer’s new 70-story residential tower under construction in Chicago’s Streeterville neighborhood. The first Chicago high-rise designed by Robert A.M. Stern Architects (RAMSA), the lobbies in One Bennett Park will showcase works by internationally renowned artists Tomás Saraceno, Pae White and Nick Cave.

Multifamily N Illinois
TGM acquires sixth Chicago-area multifamily community

TGM acquires sixth Chicago-area multifamily community

New York-based TGM Group has acquired a 347-unit, mid-rise apartment community in Northbrook, Illinois, their sixth in the Chicago market. Located at 770 Skokie Boulevard, the property was constructed in 2016 by a joint venture between Chicago-based Morningside Group and Schaumburg-based Crossroads Development Partners. Terms of the deal were not disclosed.

Multifamily N Illinois
1940 Sherman Avenue, a 56-unit apartment building located on the southwest corner of the intersection of Sherman and Foster in Evanston.

Kiser Group brokers $17M Evanston multifamily portfolio

Kiser Group recently brokered an Evanston portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed purchaser, bought the 87 apartment and 3 retail unit portfolio from Stephen Matic. The deal was brokered by Kiser Group’s Danny Mantis, broker, and Lee Kiser, principal and managing broker.