Chicago
Apr 2, 2025
Nuveen racking up mezzanine loan losses on Chicago office deals
Declining property values in Chicago’s office market threaten to evaporate $280M in subordinate debt positions taken on by TIAA’s investment arm
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Chicago
May 23, 2025
Buyer of woe-stricken 311 South Wacker reportedly offers under $70M
New York-based mall owner Kohan set to scoop 1990-built skyscraper after huge value drop, blown offers
Chicago
Apr 24, 2024
DIR Development venture buys Skokie office complex at 88% discount
Paid $23 per square foot; plans to invest $90M in resi conversion