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JLL Capital Markets marketed the property and represented an institutional client in the sale of the 166,979-square-foot complex.

"Tracey's breadth of experience and dedication for improving public housing make her a perfect fit to lead the Chicago Housing Authority as we embark on our ambitious agenda to transform our city's economic landscape," said Mayor Lightfoot.

Zack, who has more than 20 years of property management experience, most recently served as a regional VP with CIM Group, L.P. since 2018.

The company stated its latest securitization drew investor orders significantly in excess of the quantity of notes offered, and the offering was upsized by 33% during the marketing period.

L+M Development Partners has completed the sale of a 99-year leasehold interest at 250 Utica Ave in Brooklyn. Newmark Knight Frank arranged the transaction on behalf of the L+M.

JLL represented the seller in the acquisition of the fully-leased, two-building, 923,400-square-foot portfolio, along I-95.

The Embassy Suites by Hilton Washington DC Georgetown recently underwent a full renovation to all rooms and public spaces in 2016.

This bill includes $50 million towards the construction of new affordable housing, including units for low- and extremely-low income residents, and housing near transit hubs.