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Real Estate & Development in ...
Waterton is lining up a refinancing that could total $148 million to replace debt on Chicago rental buildings as it continues value-add renovations.
Continuum Development bought 2800 N. Sheridan for $17.25M and is pitching a roughly 300‑unit tower with retail near Diversey Harbor.
Core Acquisitions paid roughly $25.3M for Green Bay Plaza and has begun façade, parking and outlot work while pursuing new tenants. The deal repositions a busy west‑side retail node near Lambeau Field.
Nine social equity cannabis licensees in Cook County received $75,000 each from the Cannabis Development Grants, intended to aid marginalized entrepreneurs in the cannabis industry.
Wind Point Partners will relocate its headquarters to Salesforce Tower's 23rd floor, taking a full 24,000‑square‑foot floor and expanding its Chicago footprint about 70%.
JPMorgan Chase will fold two downtown branches into a new two-story Magnificent Mile location at 830 N. Michigan Ave, creating a flagship for private-client services. The site is expected to open in fall 2026.
Aimco agreed to sell a seven‑property Chicago portfolio — 1,495 units — to LaTerra and Respark for $455M, with closing targeted for Q1 2026 and roughly $160M in net proceeds expected.
The long-shuttered Cinema Chatham at 210 W. 87th St. is up for a receivership online auction. Brokers are marketing the 65,000‑square‑foot site as a redevelopment play while neighbors push for arts uses.
Developers filed to rezone 3233 N. Sheffield for a five‑story, 99‑unit apartment building that includes 15 affordable units and 25 parking spaces.
A century‑old Neo‑Gothic church in Austin has been formally landmarked by the city, securing protections for its stone facade, bell tower and roofline.
CRG sold the 134‑unit A.M. 1980 on the Bucktown–Logan Square edge to CedarSt in a mid‑$30M deal that tested Chicago’s Northwest Side tenant‑purchase pilot.
Aurora aldermen rezoned nearly 30 acres at Orchard and Sullivan to make way for townhouses, retail and a QuikTrip — a move that drew objections from staff and local leaders.
Centaur Capital Partners and Talos Capital paid $72.2M for the 314,028-sf FedEx Ground hub in Niles. The site includes more than 11 acres of parking land and stays leased to FedEx.
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