Lockwood Energy Group's Ed Dovner and Builders Capital's Robert Trent with street view and rendering of MetroSouth Medical Center

Chicago

Development

Lockwood defaults on $44M Blue Island hospital redevelopment debt, lawsuit says

Irvine Company's Roger DeWames with 71 South Wacker Drive; Phil Witherington of Manulife with 191 North Wacker Drive

Commercial

Downtown Chicago office leasing inches up from pandemic lows

Charlie Mills, Citadel founder Ken Griffin and 9 West Walton Street in Chicago

Residential

Buyer revealed: Medline scion nabbed Ken Griffin’s condo at steep discount, plans nearly $3M buildout

506 West Deming Place in Chicago and Danny Michael of Horizon Realty Group

Horizon nabs Lincoln Park apartments from John A Brown for $17 million

Vequity Principal and founder Christopher Ilekis and 4051 East Main Street in St. Charles

Vequity pitches retail village at former Pheasant Run in St. Charles, seeks $3M incentive

Transwestern eyes industrial expansion in Addison, as neighborhood digs in 

R2's Matt Garrison and 225 West Illinois Street in Chicago

R2 buys another discounted River North loft office for under $5M

Stars' Laura Ricketts and Karen Leetzow with rendering of 1000 Lakeside Drive

Chicago Stars plot $30M-plus training HQ in Bannockburn

Walter Burnett Sr., Mayor of Chicago Brandon Johnson and Jillian Baldwin of the Bridgeport Housing Authority

Chicago Housing Authority CEO search hits another snag as top candidate bows out

Novak Construction's John Novak with JPMorgan's Jamie Dimon and Sterling Bay's Andy Gloor and the site south of 1229 W. Concord Place

Price revealed: Novak picks up southern portion of Lincoln Yards for $34M

David Herro and @properties' Ken Jungwirth with 159 East Walton Place

David Herro finds buyer for Palmolive penthouse after $5M in price chops

1642 North Besly Court and 1400 West North Avenue with Sterling Bay’s Andy Gloor and Jack Carter Automotive Group's Jay MacKeen

Sterling Bay sheds another Lincoln Yards-adjacent site

Compass' KC Kaage, Red Seal Homes' Brian Hoffman, R2's Matt Garrison and the Jacobs Companies' Keith Jacobs

R2 unloads Glenview office campus to housing developers for $14M

XRoads Real Estate Advisors’ Michael Nortman and Kirsten Bowersox with 3333 West Touhy Avenue

Xroads buys deeply distressed Lincolnwood Town Center mall

Tryperion founder and managing partner Jeffrey Karsh; Equus Capital Partners’ Stephen Spaeder and 1 and 2 Mid America Plaza

Tryperion scoops suburban Chicago office complex at discount

1900 West Lawrence Avenue, CA Ventures' John Diedrich and Bender Companies Mark Barnes and Kurt Bender

Bender digs Ravenswood apartments out of CA Ventures distress with $29M deal

Oak Hill's Glenn August, Bank of America's Brian Moynihan, 110 North Wacker Drive; Hines' Laura Pierce-Hines and Chris Kennedy with 333 West Wolf Point Plaza; Shapack’s Jeff Shapack with 167 North Green Street; Argentic's Douglas Tiesi and Morgan Stanley CEO Ted Pick with 540 N. State Street

These were Cook County’s largest CRE loans of 2025

2–16 West Maple Street, Chicago; Mavrek Development's Adam Friedberg; Greenstone Partners CEO Danny Spitz; Mid-America principal Brendan Reedy

Mavrek scoops up Gold Coast retail building for $6.5M after years of stalled tower plans

(Photo Illustration by The Real Deal with Getty)

Chicago home prices buck national cooldown

AmTrust's Jonathan Bennett, LNR Partners' Arne Shulkin with 111 E Wacker and 233 N Michigan; Chicago hotelier Sue-Mei Yen, Cassie Yen, ACORE Capital CEO Warren de Haan and with 1100-1101 South Michigan Avenue; Chicago hotelier Sue-Mei Yen, Cassie Yen, ACORE Capital CEO Warren de Haan and with 1100-1101 S. Michigan Avenue; K-Star Asset Management's Lindsey Wright, Rialto's Jeff Krassnoff and Senator Robert Martwick Jr.