News | Search

May 26, 2026
Cogent sells 10 US data centers to global infrastructure investor
A newly formed entity tied to Miami-based I Squared Capital has acquired 10 data centers throughout the United States in a $225 million deal that will form the initial assets in what is expected to be a $1 billion investment.
May 26, 2026
St. Regis Chicago spotlights a tower economy recovering at two speeds
One of the investors that recently refinanced the hotel within Chicago’s 101-story St. Regis skyscraper at a bigger property value has acquired 16 new residential condos in the property — at a big discount to their stated worth.
May 26, 2026
Consumer confidence declines; Groupon, Wix plan job cuts; Housing affordability improves
Consumer confidence declines
May 26, 2026
Rising break-even occupancy thresholds are squeezing margins in nation’s most expensive markets
A full-service hotel can operate above 70% occupancy and still struggle to generate meaningful profit.
May 26, 2026
Savills adds Atlanta logistics executive; JLL promotes dealmaker to vice chair; Cohen & Steers chooses CFO
Savills picked Brad Anderson as the firm’s vice president of operations performance on the new Savills Operations Performance team in Atlanta. The team is an industrial real estate and operations platform that provides portfolio strategy, supply chain consulting and operational optimization services for occupiers. Anderson is tasked with expanding the company’s industrial and logistics advisory capabilities nationally, the firm said. He will play a key role in building and scaling the team to support the growing demand for integrated industrial solutions across North America.
May 22, 2026
Peakline launches new fund ahead of opportunity zones overhaul
Peakline Real Estate Funds is moving early to capitalize on the next phase of the federal opportunity zone tax-incentive program, launching a fourth fund ahead of new incentives set to take effect in 2027.
May 22, 2026
Chicago apartment complex with Target store goes up for sale
Developers of a two-building, 207-unit apartment property on Chicago’s North Side are looking to cash in as multifamily sales volume in the area vastly outpaces the national average.
May 21, 2026
AvalonBay, Equity Residential strike deal to create one of nation’s largest apartment owners
AvalonBay Communities and Equity Residential have proposed a merger that would create the largest publicly traded apartment landlord and rank among the nation’s biggest real estate deals.
May 21, 2026
Limited-service hotels show strong break-even efficiency
A limited-service hotel can run at lower occupancy levels and still generate meaningful gross operating profit margins, or GOP margins.
May 20, 2026
Scion Group, Ares acquire $910 million student housing portfolio
The Scion Group and an Ares Real Estate fund have launched a joint venture to acquire a 12-property, 7,578-bed student housing portfolio for $910 million from Harrison Street Asset Management.
May 20, 2026
Another Jahn for Prime Group: Firm developing Google’s Chicago home buys second signature property
One of the developers that is redeveloping the Thompson Center into Google’s future Chicago office plans to buy a second Helmut Jahn-designed office building in the city.
May 20, 2026
Chicago retail availability tightens as obsolete inventory leaves the market
Chicago’s retail market is tightening, but much of that improvement is coming from older, outdated properties being removed rather than a surge in new demand.
May 19, 2026
Chicago firm expands holdings near its Lincoln Yards acquisition
One of the new owners of the Lincoln Yards site in Chicago has bought two more properties nearby, continuing to assemble prime land for a major development in the years to come.
May 19, 2026
Luxury hotel planned in Chicago’s former John Hancock tower
Marriott International plans to open a 350-room luxury hotel in one of Chicago’s most recognizable skyscrapers in a deal set to bring more changes to the former John Hancock Center.
May 19, 2026
Realty Income buys warehouse in biggest Chicago-area industrial sale in five years
Realty Income has paid $124 million for a huge warehouse south of Chicago, the area’s biggest industrial property sale in more than five years.
May 19, 2026
Savills undeterred by global strife as it builds retail business in US
As Savills works to complete the blockbuster deal to acquire a major real estate finance shop, the London-based brokerage is making moves to aggressively grow its United States retail business despite headwinds from rising inflation and concerns about the world's oil supply chain.
May 19, 2026
Avison Young appoints senior retail director; Lee promotes Chicago-area brokers; Partners launches federal leasing, healthcare practices
Avison Young promoted Los Angeles-based Meghann Martindale to senior director of U.S. retail strategy. In her expanded role, she will work alongside Gavin Farnam, leader of the brokerage’s U.S. retail services platform. Martindale will focus on turning retail data and insights into firm strategies that improve client decision-making and improve broker productivity, Avison Young said.
May 18, 2026
Wolf Point apartment tower in Chicago refinanced
A 509-unit apartment tower on Wolf Point in downtown Chicago has landed nearly $142 million in new debt, the second big refinancing deal in about a year for the site that has been owned by the Kennedy political dynasty since the 1940s.
May 18, 2026
Chicago hotel, home to the original ‘smoke-filled room,’ sells for $43 million
Chicago’s historic Blackstone hotel, where the political term “smoke-filled room” originated more than a century ago, has sold to a local investor for more than $43 million.
May 18, 2026
Chicago trails U.S. as retail construction fails to ring up momentum
Retail development remains slow in Chicago and across the country, though the local pipeline trails the broader U.S. market by a wide margin.

No Results