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Commercial Real Estate
Real estate tech investor Fifth Wall launches $500M fund
July 17, 2019 09:19AM
UPDATED, July 17, 12:31 p.m.: Venture capital firm Fifth Wall closed on a $503 million fund focused on investments in real estate technology. Known...
Google searching for even more Fulton Market office space
July 17, 2019 09:05AM
Google is eyeing a major expansion in Fulton Market, looking to nearly double the amount of office space it leases in the trendy West...
King of the hill: Manhattan tops list of priciest place to rent in US
July 17, 2019 08:00AM
Here’s a case for New York state’s recently-passed and highly controversial sweeping rent reform law: A new report shows that Manhattanites pay the highest...
Realogy’s explosive suit against Compass may be “seriously misguided:” antitrust expert
July 16, 2019 05:07PM
UPDATE, Wednesday July 17, 6:35 p.m.: Compass is no newcomer to courtroom drama. Since 2014, the SoftBank-backed brokerage has been slapped by 10 separate...
Senior community developer moving HQ to Willis Tower
July 16, 2019 04:00PM
A company that develops and manages retirement communities is taking one of the last remaining available spaces in the Willis Tower. Chicago-based Vi will...
Heating supply manufacturer scores $250M refi for O’Hare-area warehouses
July 16, 2019 03:00PM
A Niles-based manufacturing company refinanced its office headquarters and an O’Hare-area warehouse property it acquired last year. GHP Group, which manufactures gas grills and...
Riverside Investment, Howard Hughes pay Chicago River pollution fine but admit nothing
July 16, 2019 02:00PM
UPDATE, July 17, 3:30 p.m.: Riverside Investment & Development, Howard Hughes Corp. and two contractors will pay a fine to settle a lawsuit over...
Developer startup favorite Honest Buildings acquired by software company Procore
July 16, 2019 01:00PM
UPDATED, July 16, 1:50 p.m.: Construction management software company Procore has acquired Honest Buildings, a startup favored among institutional developers, the companies said Tuesday....
Software firm Showpad inks big lease expansion in Loop
July 16, 2019 11:00AM
Showpad signed a big lease expansion in a Loop office building, taking over a full floor as it continues its rapid Chicago expansion. The...
Bain Capital teams up with SKW Funding to target $500M in distressed debt
July 16, 2019 08:00AM
UPDATED, July 16, 9:17 a.m.: Bain Capital, which is raising a new $3 billion debt fund, is teaming up with Manhattan-based SKW Funding to...
Chicago Cheat Sheet: Another industrial property sold off in Fulton Market
Blackstone’s Q2 earnings decline as real estate segment tumbles
3 takeaways on Chicago’s resi market from Fulton Grace Realty’s new VP
Tom Barrack’s Colony Capital looks to part with $5B portfolio amid other massive industrial deals
Foreign investment in US homes plummeted to $78B over the past year