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CHICAGO-Three consecutive quarters of net operating income growth of 6% or better, as well as a 22.1% jump in third-quarter funds from operations, allow the second-largest US retail REIT to boost its dividend by 25%.
CHICAGO-The Willowbrook Apartments in Clarendon Hills, Hickory Oaks Apartments in Lansing and Oak Crest Apartments in Munster, IN, have been refinanced by New York Life for $13.2 million with 15-year, fixed-rate mortgages.
OAK BROOK, IL-The largest industrial property owner in the market will see leases on nearly a quarter of its 31.7-million-sf portfolio roll over next year. However, those deals average $3.36 per sf, well below current market rates.
OAK BROOK, IL-Inland Retail Real Estate Trust Inc. has brought 14 triple-net-leased retail assets from CTL RE Assets LLC for $153.8 million. They include Wal-Mart, Lowe's Home Improvement, Sam's Club, Circuit City and Kroger stores in eight states.
ARLINGTON HEIGHTS, IL-The insurance company pays TVO Realty Partners and Urdang and Associates $58.1 million, all in cash, for the multifamily rental complex on Goebbert Road, about two miles from this suburb's redeveloped Downtown.
CHICAGO-The law firm, among the first tenants at the 794,000-sf building at 10 S. LaSalle St., gets a tenant improvement package as part of its renewal deal with The Feil Organization.
AURORA, IL-Marywood Apartment Homes LP pays $45,526 per unit for the eight-building complex located northeast of Orchard Road and Galena Boulevard. It is part of a 400-unit redevelopment project.
OAK BROOK, IL-The location is not disclosed, but CenterPoint Properties Trust is poised to close on an acquisition next month that will pave the way for a redevelopment project similar to one the REIT is beginning in southwest suburban McCook.
CHICAGO-Additional improvements are needed to the 48,000-sf building a flew blocks off the Kennedy Expressway feeder ramp, but the trading firm gets some hardware needed to open a trading floor in River North.
ELWOOD, IL-A coal-burning power plant has not been built in Illinois in 30 years, but the Illinois Environmental Protection Agency has green-lighted Indeck Energy's plan to build a facility at the CenterPoint Intermodal Center.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Recent U.S. visa policy shifts create uncertainty for international student renters, exposing operators to vacancies and bad debt. Learn key strategies that can help you mitigate financial risk and secure your rent roll amid this turbulent environment.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Recent U.S. visa policy shifts create uncertainty for international student renters, exposing operators to vacancies and bad debt. Learn key strategies that can help you mitigate financial risk and secure your rent roll amid this turbulent environment.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource