In terms of sentiment and the prospects for growth, the Midwest really doesn't track behind the rest of the nation at all.

LONDON-The New York City-based firm has hired former Lehman Brothers real estate executive Sean Kelly-Rand as director, to source UK and Ireland-based opportunities.

ORLAND PARK, IL-Village officials would like to see multifamily, retail and possibly a hotel on the property, which is at the interchange of Interstate 80 and LaGrange Road.

CHICAGO-The lender likes the plan for the $125 million Radisson Blu within the $475 million multifamily Aqua Tower, being built by Magellan and Carlson Hotels.

SHANGHAI, CHINA-A fire at an apartment tower here Tuesday claimed at least 53 lives. Also, at least 60 people were killed when an apartment building collapsed in India, says Xinhua.

BOLINGBROOK, IL-The I-55 industrial market has lowered its vacancy back to 2007 levels, thanks to a lack of new development and a pick-up in activity, but sale prices are still dropping.

MINNEAPOLIS-Law firm Oppenheimer Wolff & Donnelly has agreed to a deal at the 730,000-square-foot Campbell Mithun Tower, owned by Principal Real Estate Investors.

NEW YORK CITY- After two years of contraction, hiring in the asset and wealth management industry rebounded in 2010, and compensation is set to show modest gains.