South Loop


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601 S. Lasalle Street (Credit: Google Maps)

Help wanted: Developer needed to buy $25M property, build tower

Real estate investor Maria Magnus has got a deal for you: For the low, low price of $25 million,...

Help wanted: Developer needed to buy $25M property, build tower
CMK Companies’ President and CEO Colin Kihnke and 1400 S. Wabash Avenue (Credit: Google Maps; CMK)

CMK scoops up South Loop dev site

One of Chicago’s most active developers just snagged a development site in the South Loop for just under $6 million. CMK Companies purchased a parking lot at 1400 S. Wabash Avenue from American Landmark...

CMK scoops up South Loop dev site
One Central megadevelopment in South Loop

The proposed $20B megadevelopment One Central is back from the dead

It looked dead, but there’s hope yet. An effort is underfoot to revive the proposed One Central megadevelopment on...

The proposed $20B megadevelopment One Central is back from the dead
Lendlease's Ted Weldon with No. 9 West Walton and One Bennett Park (Credit: iStock , JDL, Highrises)

Lendlease’s head of Chicago development talks urban regen, building a community within a complex & more

Ted Weldon has a lot to say about urban regeneration. That’s not surprising. Lendlease’s head of Chicago development since September, part of Weldon’s portfolio...

Lendlease’s head of Chicago development talks urban regen, building a community within a complex & more
Homewood Suites by Hilton Chicago at 1101 South Wabash Avenue, Best Western Grant Park Hotel at 1100 South Michigan Avenue and Warren de Haan, head of originations at Acore Capital

Two South Loop hotels get refinanced for $147M amid strong market

The Chicago hotel market has remained strong, and now one local investor has scored a refinance on two properties...

Two South Loop hotels get refinanced for $147M amid strong market
Old Post Office and office brokers Allen Rogoway, David Burden and Lisa Davidson (Credit: Wikipedia)

Difference maker: Uber’s monster lease at 601 W Companies’ Old Post Office could transform local office market

A few years ago, when Allen Rogoway was working with corporate clients seeking to set up offices in Chicago, he would almost never mention...

Difference maker: Uber’s monster lease at 601 W Companies’ Old Post Office could transform local office market
Tribune Tower redevelopment pricing revealed, two hotels planned for Elk Grove: Daily digest

Tribune Tower redevelopment pricing revealed, two hotels planned for Elk Grove: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news. We update this page at 10 a.m. and 5 p.m. PT. Please...

Tribune Tower redevelopment pricing revealed, two hotels planned for Elk Grove: Daily digest
Don Biernacki, Related Midwest’s senior vice president and a map of Wells-Wentworth Connector (Credit: City of Chicago)

Related, Sterling Bay launch loan fund to assist minority- and women-run firms secure contracts

Related Midwest and other large-scale real estate companies have created a diversity-enhancement loan fund meant to help minority- and women-run firms compete for contracts....

Related, Sterling Bay launch loan fund to assist minority- and women-run firms secure contracts
Chicago ultra-luxury homes see major price cuts, more Sears closings: Daily Digest

Chicago ultra-luxury homes see major price cuts, more Sears closings: Daily Digest

Thank you for reading The Real Deal. We’re always trying to give you everything you need to know about...

Chicago ultra-luxury homes see major price cuts, more Sears closings: Daily Digest
Rendering of 717 South Clark Street and CMK President Colin Kihnke (Credit: 4th Ward)

CMK lands $147M in financing for South Loop apartment tower

CMK Companies landed $147 million in financing for its latest South Loop project, a 349-unit rental tower. Two entities...

CMK lands $147M in financing for South Loop apartment tower
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