Chicago

The joint venture between Signature Senior Lifestyle and an affiliate of Heitman will acquire and develop three to four sites that will house premium, private pay senior living schemes comprised of independent, assisted and dementia care apartment home units.

The acquisition marks the company's fifth in the US in the past 12 months, with three sites under its belt in New York City, and a recent announcement that it had secured permits in Chicago for a 170,000-square-foot ground-up co-living project in The Chicago Loop.

The loans were originated by the firm's recently launched CrossHarbor Senior Debt Income Fund, which is based in Chicago. The fund partnered with National Life Group to provide Scannell Properties of Indianapolis with the construction financings.

The brokerage firm ranked the top 10 warehouse markets with the Inland Empire, CA leading the way with 23.4 million square feet in the ground and a 3.2% vacancy rate and 9.4% annual rent growth.

Liquid Technology, which specializes in IT asset disposition, has opened its first facility out of New York State at 487 Thomas Drive in Bensenville.

The 306,448-square-foot facility at 5959 West Howard St. was originally constructed in 2015 as a build-to-suit for FedEx Ground, the net-leased property supports distribution in the surrounding markets and features 101 dock high doors on a 39.81-acre site.

And with a growing pool of investors — including sovereign wealth funds — that makes sense. Two SVPs from PNC Real Estate are bullish on the sector as well.

The firm hopes to leverage its industrial assets with the new strategic hires.