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CHICAGO-Nearly 2 million shares, 30 times greater than the average daily volume seen in Prime Group Realty Trust stock and more than 10% of the common stock, change hands Tuesday on the New York Stock Exchange.
VERNON HILLS, IL-This central Lake County suburb has buildable land for a multifamily complex, and AMLI Residential hopes to close on a site this year. AMLI's 2001 purchase of a complex in nearby Gurnee has been a winner at a time when vacancies have risen.
WOODRIDGE, IL-The long-time candy maker that is abandoning its 2-million-sf facility on Chicago's West Side sometime before 2004 takes 23,589 sf under a long-term lease with co-developers Globe Corp. and McShane Corp.
CHICAGO-Prime Group Realty Trust's board of directors could see the addition of Vornado Realty Trust chairman and chief executive officer Steven Roth and executive vice president Wendy Silverstein next month.
CHICAGO-Prime Group Realty Trust is under pressure from two creditors to raise $60 million now, more than a year before its $365-million Dearborn Center is expected to be completed.
ZION, IL-Six months after it was in danger of being demolished, the industrial facility at 2501-03 Deborah Ave. is leased up with MacLean-Fogg Corp., Trademark Graphics and FireForce Inc. signing deals for a combined 35,000 sf.
CHICAGO-Prime Group Realty Trust's mission statement could be, "Raise $60 million in asset sales quickly or go out of business." It must cash out Security Capital Group's $40-million preferred stock as well as satisfy lenders by having at least $17.5 million in cash on hand.
CHICAGO-The Old Heidelberg Restaurant at 16 W. Randolph St., which is now part of the Downtown Theatre District, is converted into three performing venues by Noble Fool Theater Company in a $2.5 million project funded in part by tax increment financing.
MILWAUKEE-While dips in occupancy rates and revenue per available room were not as bad as national averages, losses in Marcus Corp.'s lodging divisions are more than offset by revenue at the company's theaters.
CHICAGO-With former SportMart CEO Andrew Hochberg already a managing principal, Next Realty adds to its retail brokerage operations by acquiring Wabash Associates Inc., including former president Barry Schain, involved in a recent Evanston theater project.
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.
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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.
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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
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