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TROY, MI-Not all real estate experts are writing off the beleaguered retailer, which has identified 284 stores for closing under Chapter 11 bankruptcy. Real Estate Research Corp. says a sharper focus can make Kmart profitable again.
CHICAGO-The market makes up about 5% of the list of store closings by the bankrupt retailer. Stores in suburban Milwaukee and the Rockford, IL area also are slated for closing.
CHICAGO-The South Loop Apartments at 1521 S. Wabash Ave. wins a Maxwell Award of Excellence from Fannie Mae for its design, and a city department of housing official promises continued financial support for the "first rung" on the housing ladder.
CHICAGO-With 2,100 additional seats rather than 2,600, as well as ivy on the outside of the Waveland and Sheffield avenue walls and a pedestrian peep-hole, the Cubs' expansion plans wins a fan in the Landmarks Preservation Council of Illinois.
CHICAGO-Frankfurt, Germany-based Deutsche Bank will become the world's largest real estate advisory firm with $36 billion of assets under management when the deal closes in the second quarter. The RREEF name and senior management will be retained.
CHICAGO-A landmarks commission committee green-lights Prime Group Realty Trust's 1.1-million-sf, 19-story mixed-use project above historic Union Station. A 350-room hotel, 120 condominiums and 65,000 sf of retail space would be built along with nearly 500,000 sf of office space.
ELGIN, IL-Revitalizing could spread north of this city's Downtown, along the riverfront, with a promise of $5 million from state legislators to purchase a salvage yard, which likely will become the site of multifamily development.
CHICAGO-The world's second largest architectural firm takes the equivalent of an entire floor in the 19-story, 230,000-sf Downtown office building, netting The Staubach Co. principal Jack Keenan a new Vespa as a leasing incentive.
CHICAGO-Wheatland Tube Co. stays put in the Stockyards Industrial Corridor rather than relocate to Little Rock, AR after getting a package that includes Cook County Class 6(b) relief worth $2.8 million as well as $1.9 million in tax increment financing.
CHICAGO-The South Pasadena, CA-based purveyor of private-label foods leases the corner of Lincoln Avenue and Grace Street, its first city location after launching its concept in seven upscale suburban locations.
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
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
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