CHICAGO-Dyer, IN-based Citizens Financial Services gives HSS Partners, LLC a first mortgage on its redevelopment project in the 1100 block of E. 87th Street, where a number of healthcare related tenants have leased space.

EVANSTON, IL-Delivery of units at Robert Horner's 165-unit condominium project at 1567 Maple Ave. could begin in 2007 if he gets approval from the city council and plan commission.

CHICAGO-Appraisal Research Counselors' most recent "Downtown Chicago Residential Benchmark Report" notes $156.1 million in major multifamily rental deals have closed, but volume could crack $700 million by the end of the year.

ELK GROVE VILLAGE, IL-Jason Storage stays at 1098 Greenleaf Ave., where it has occupied 57,600 sf under a sublease, while Heritage Industries is relocating to 154,275 sf at 370 Kimberly Dr. in Carol Stream.

LONG GROVE, IL-A Chicago-based limited partnership pays $5.2 million for the 27,000-sf Grove Medical Center at 4160 Route 83. The deal is at an 8.08% capitalization rate, according to Marcus & Millichap Real Estate Investment Brokerage Co.

CHICAGO-The developer of more than 17,000 rental, condominium and townhouse units gets help from a Holliday Fenoglio Fowler team in arranging financing for a building at Grand Avenue and Kingsbury Street that reportedly will cost $100 million.

CHICAGO-An Institute of Real Estate Management study reveals operating costs increasing by 6.8% in 2003 while income rose 4.4%. Meanwhile, occupancy at the 500 centers monitored by the annual Income/Expense Analysis®: Shopping Centers study holds at 97%.

OAK BROOK, IL-The sale of 10 properties totaling 2.9 million sf to a private investor allows the largest industrial property owner in the Chicago market to spruce up older properties it is acquiring as well as pay for new developments.