Portland, Ore.-based Gerding Edlen Development Inc. plans two apartment towers in Chicago, including one in River North that has landed a $46 million construction loan.
A venture led by Morton Friedkin is set to close this month on Lincoln at River Run, a 374-unit property in southwest suburban Bolingbrook.
The agency will move its Chicago HQ next month to 67,600 square feet at the Bank of America building from River Center.
Ansonia Properties has agreed to buy the 21-story building at 860 N. DeWitt Place from a trust affiliated with Supera Asset Management Inc.
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An affiliate of F&F Realty Ltd. acquired the closed 192-room property for $1.6 million, a fraction of the $19.8 million the seller owed on it.