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The New York City-based firm reports it has recently sold the Skyridge Club Apartments in suburban Chicago and the Sugarloaf Trails Apartments in suburban Atlanta.
Brokerage firm Kiser Group reports that Dover Court Condominiums was acquired by Neriel Lagoon LLC, which plans to convert all of the units to apartments.
Industrious' Chicago Ogilvie operations at the 1.46-million-square-foot building at 500 West Madison St. will increase from 46,500 square feet to 93,000 square feet, due to what the company states is "overwhelming consumer demand."
Scheduled to deliver its first residences in the fall of 2021, Cirrus will be developed simultaneously with Cascade, an adjacent 37-story, 503-unit rental tower.
Brokerage firm JLL reports it arranged the 30-year, fixed-rate refinancing loan with Barings, on behalf of one of its managed accounts, for Hickory Street Capital.
"This week, I had the opportunity to meet with several leaders in Chicago's financial services industry to tout Florida's pro-business climate and the many advantages of doing business in our state," said Gov. DeSantis.
Construction is set to begin next week on the new 13-story, 270,000-square-foot office building at 320 N. Sangamon in the Fulton Market section of the city.