Chicago
The construction giants catching a Windy City windfall
Two of Chicago’s leading developers and contractors teamed up in late April to break ground on one of the...
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Alex Nitkin
Chicago
Opportunity Fund eyes $100M for
solar-powered affordable housing
A local investment group took a leap this month in its sweeping plan to update and preserve thousands of...
solar-powered affordable housing
Chicago
Chicago activist lambasted greedy developers for years. What happens now that he’s in charge?
About three dozen Chicago real estate bigwigs and other business leaders gathered at the Soho House in Fulton Market last month to talk about...
Chicago
“Socialist caucus” in Chicago City Council could put new force behind affordable housing push
Three days after a group of self-described Democratic Socialists declared victory in their respective races for alderman, plenty of questions remain about the looming...
Chicago
Ares Management fund buys majority stake in Chicago apartment tower
Ares Management bought JPMorgan Asset Management’s majority stake in the rental portion of Aqua Tower, the wavy Jeanne Gang-designed...
National
Opportunity Zones venture looking to raise $1B for projects in “America’s Heartland”
A pair of Chicago development firms are teaming up on a new Opportunity Zones venture, hoping to fund and...
Chicago
“No man’s land”: How Trump Tower became Chicago retail’s biggest failure
About a year before the 2005 groundbreaking for Trump International Hotel & Tower, Trump Organization executive Charles Reiss met...
Chicago
Debate over Chicago megaproject shines light on developer’s lack of diversity in
top ranks
About 10 minutes into a three-hour City Council zoning committee hearing on Sterling Bay’s plan for Lincoln Yards, senior counsel Shelly Burke took to...
top ranks
National
JLL hires former Starbucks retail executive as its top bean-counter
JLL named Stephanie Plaines its new chief financial officer, replacing the interim executive who took over the position after...
National
JLL credits rise of coworking, new proptech investments for big Q4 revenue boost
JLL CEO Christian Ulbrich credited his firm’s growing focus on co-working and real estate technology investments for $4.9 billion...