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| 9/10/2010 |
Waterton Acquires Brier Creek Assets
BRIER CREEK, IL-Waterton Residential, a Chicago-based realty investment company specializing in the purchase of distressed assets, has acquired the 274-unit apartment complex at Brier Creek along with its debt from Flaherty and Collins Development for $28.3 million.
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| 9/10/2010 |
Navistar Picks Lucent Lane for $110M HQ Move
LISLE, IL-The company is going to invest $110 million in the 1.2-million-square-foot former Alcatel-Lucent East campus, and another $95 million in other development.
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| 9/9/2010 |
CEO and COO of GGP To Depart After Restructuring
CHICAGO-General Growth Properties Inc. has announced that its CEO and COO will depart after the completion of its restructuring, which is anticipated in October 2011.
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| 9/9/2010 |
Griffin Acquires 300,800-SF Hopkins HQ
EMPORIA, KS-The Los Angeles-based firm specializes in net lease properties, and saw a deal here on a 56-year-old leased complex.
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| 9/7/2010 |
Mariner Takes Stake in $760M FDIC Portfolio
WASHINGTON, DC-This is the fourth structured sale Greenberg Traurig has handled, for a total of $3 billion.
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| 9/6/2010 |
National Industrial Flat Until Mid-2011
CHICAGO-Jones Lang LaSalle says the rest of the year will see industrial leasing pace slow down from the activity of the first half.
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| 9/4/2010 |
Heartland Home Care Sets Up New Office in Mayfair Crossing
MILWAUKEE-Heartland Home Care, Hospice & I.V. Care, a nationwide health care firm based in Toledo, OH, is planning to set up its new office in Wauwatosa.
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| 9/4/2010 |
Home Sales Increase in July, But Demand Remains Weak
DETROIT-On Thursday, the National Association of Realtors announced that its seasonally adjusted sales index increased 5.2% in July from that in the previous month to reach 79.4.
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| 9/4/2010 |
Henning Estates Starts Construction on Third Farmhouse
CHICAGO-Rock Creek Development has started the construction of its third ranch house named the Brunswick in Henning Estates.
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| 9/4/2010 |
Heritage of Palatine's Eco Condos Ready for Purchase
CHICAGO-The environment-friendly Colfax model is up for sale at The Heritage of Palatine's builder's closeout.
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| 9/4/2010 |
Merit Homes Lowers Libertyville Homes Price by $100,000
CHICAGO-Merit Homes has reduced the price of its Libertyville homes by an average $100,000.
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| 9/4/2010 |
FHA to Reduce Upfront Costs on Reverse Mortgages
CHICAGO-According to the National Reverse Mortgage Lenders Association, the Federal Housing Administration (FHA) is planning to reduce the upfront mortgage insurance premium for borrowers of reverse mortgages.
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| 9/4/2010 |
Mortgage Rates Fall Again for the 10th Time
CHICAGO-Investors are much worried about the feeble economy as mortgage rates decreased to the lowest level for the 10th time in 11 consecutive weeks.
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| 9/4/2010 |
Jacobson Leases Warehouse Building in Shorewood
JOLIET, IL-Jacobson Cos., a logistics firm, has leased half of a one-million-square-foot warehouse space near Joliet from ING Clarion Partners.
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| 9/4/2010 |
Recruitment Advertising Firm Expands Office
CHICAGO-TMP Worldwide Advertising & Communications Inc., a New York City-based recruitment advertising firm, is extending its lease as well as expanding its office at 444 N. Michigan Ave. by leasing 15,685 square feet of space from GLL Real Estate Partners GmbH.
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| 9/3/2010 |
Regency Centers Acquires Glen Oak Plaza for $18M
CHICAGO-Regency Centers Corp., a Jacksonville-based operator, owner and developer of community and grocery-anchored shopping centers, has acquired the Glen Oak Plaza in Glenview, IL, for $18 million.
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| 9/3/2010 |
Carmel Developer Settles with Lender
INDIANAPOLIS-Carmel developer Lauth Group has settled with lender Inland American Real Estate Trust, who has permitted the developer to keep control of 37 of its 43 assets under bankruptcy measuring five million square feet.
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| 9/3/2010 |
JW Marriott Hotel to Open Here
INDIANAPOLIS-A 1,005-room JW Marriott Hotel will open on the southwest side of Indianapolis within six months.
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| 9/3/2010 |
Anglo Irish Bank To Sell West Loop Tower Loan
CHICAGO-Dublin-based Anglo Irish Bank has listed over $100 million in troubled loans on the 225 W. Washington St. West Loop tower for sale.
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| 9/3/2010 |
The Plaza Mall Misses Loan Payments
CHICAGO-The owners of the 802,265-square-foot The Plaza mall located in Evergreen Park have missed payments on their loan of $20.2 million.
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