John Southard, co‑founder of Innovator Capital Management, paid $55M for a Port Royal waterfront estate days after Goldman announced a roughly $2B acquisition. The Cutlass Lane home closed at about 92% of its $60M ask.

Suburban Chicago ended 2025 with vacancy near 33%, as tenants shed space and owners weigh demolition, conversions and new buyers to repurpose oversized campuses.

Blackstone has quietly approached investors about taking on Willis Tower’s $1.3B loan as appraisals and leases swing after a major renovation push. The outreach could reshape ownership of Chicago’s most iconic office tower.

The Joliet City Council approved Joliet Catholic Academy’s campus expansion in a 6‑3 vote, clearing the way for turf, courts and a future 5,500‑seat stadium amid traffic concerns. Neighbors remain skeptical of game‑night plans.

Rosemont marks its 70th with plans to overhaul its convention center and debut a new history museum. The projects pair infrastructure upgrades with interactive exhibits and artifacts.

TransLoop is moving its Chicago HQ into a 44,457-square-foot River North sublease, signaling a hiring push that could add about 200 roles.

Cinnaire closed a $134M LIHTC fund this week to finance 12 projects across five states, aimed at creating or preserving about 950 affordable homes. The fund includes a 197-unit Madison project and supportive housing in Michigan and Indiana.

Toyota on Western will expand and renovate its South Side dealership at 6941 S. Western Ave., adding 4,000 sq ft, four service lifts and updated service bays by late 2026.

Zillow’s Chicago analysis says privately marketed “pocket” listings cluster in majority‑white neighborhoods, prompting a public fight between the MLS, brokerages and state lawmakers.

A proposal might replace Lakeview's Giordano's Pizzeria with a mixed-use structure, while Giordano's honors Derrick Rose with an M-V-Pizza benefiting charity.

Advocate Health has applied to build a nearly $100M comprehensive cancer center at Lutheran General in Park Ridge that would centralize outpatient oncology services. The filing says the center could be operational by the end of 2028.

Chicago’s commercial investment volume rose modestly in 2025, led by a multifamily rebound and steady industrial and retail deals. The market is still far below peak dollars.

A local group linked to Prairie Ridge and Xroads bought Lincolnwood Town Center; village officials say months of planning could lead to mixed-use redevelopment.