Chicago

With the merger deal, Westward360, which provides real estate management services for rental property owners and community associations, will now be known as W360 and will employ more than 200 employees in Chicago.

The project was financed primarily through a tax-exempt bond issuance with Collegiate Housing Foundation, a nonprofit 501(c)(3) organization, serving as the borrower and owner of the project.

Muinzer and T2 Capital Management are preparing to launch a Qualified Opportunity Zone Fund in the second half of 2019.

The firm purchased the 117,472-square-foot property from a national manufacturing company, according to brokerage firm Avison Young.

Chicago Mayor Lori E. Lightfoot announced on Wednesday that the city has submitted five sites to be tested: Harborside (111th and the Bishop Ford Freeway); the former Michael Reese hospital (31st and Cottage Grove); Pershing & State; Roosevelt & Kostner; and the former U.S. Steel parcel (80th and Lake Shore Dr.).

The firm has appointed Greg Schementi, Cushman & Wakefield veteran, into the newly created role.