CHICAGO-A six-story, 153-unit building at 6650 W. Belden Ave. next to Shriners Hospital is under construction. Work on a seven-story, 180-unit building starts later this year. Units will be affordable to those 55 years and older.

CHICAGO-Multifamily rental housing remains an attractive sector in this market but Marcus & Millichap senior vice president Greg A. Moyer cautions brokers to pick their sellers wisely and beware of more conservative lenders.

WESTMONT, IL- Rosemont, IL-based McShane Corp. and Boston-based Cordia Senior Living, a subsidiary of Lend Lease Real Estate Investments, Inc. are co-developing Cordia Senior Residence at 865 N. Cass Ave.

CHICAGO-The friendly confines of 87-year-old Wrigley Field could see an addition of 2,100 bleacher seats, which would overhang the sidewalks along Waveland and Sheffield Avenues, as well as building to the west of the ballpark.

CHICAGO-The original headquarters for retail giant Sears, Roebuck & Co. will be sold June 27 as part of a US Bankruptcy Court proceeding. The package includes four buildings plus a parking garage.

CICERO, IL-The town president and nine others are accused by US Attorney Scott Lassar of looting $10 million from insurance money. They allegedly launder the money by buying a Wisconsin golf course and Indiana horse farm.

CHICAGO-The company is advising Bingham Farms, MI-based retail REIT Malan Realty Investors, Inc. on how to put its three-month-old strategic plan into action, including reviewing the 5.9-million-sf portfolio and financing.

INDIANAPOLIS-A nine-building industrial portfolio here, primarily in the premier Park 100 Industrial Park, is sold to Times Square Real Estate Investors. The seller, a REIT, had been seeking $74.4 million.