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chi-445WErie (3) 445 W. Erie in River North.

CHICAGO—Real estate investment firm R2 Cos. has just purchased a portfolio of historic properties and several land sites located in neighborhoods adjacent to Chicago’s CBD. The company specializes in renovating and recapitalizing properties, both in Chicago and around the Midwest region, and this $86 million acquisition, from Chicago-based Loft Development Corp., is a sign that these already hot submarkets will soon see even more investment.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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