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News Headlines

Trail leads to Chicago for Oregon apartment developer

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. 

Frisco investor adds to suburban apartment portfolio

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. 

Army Corps marching to LaSalle Street

The agency will move its Chicago HQ next month to 67,600 square feet at the Bank of America building from River Center. 

Local investor to buy 147-unit apartment tower in Gold Coast

Ansonia Properties has agreed to buy the 21-story building at 860 N. DeWitt Place from a trust affiliated with Supera Asset Management Inc. 

Interactive graphic

Are home prices in your ZIP code going up or down?

Use our interactive map to explore single-family home price indexes in 240 Chicago-area ZIP codes. 

Shuttered Hotel Indigo in Palatine sells for a song

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. 

More stories

Introducing the Crain's Real Estate Team

Alby Gallun

Alby Gallun

Ryan Ori

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Micah Maidenberg

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We welcome your news tips and story ideas.

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Photos

Laura Quayle of Arden Realty and Dan Ryan of Jones Lang LaSalle attended the Jones Lang LaSalle Midwest Industrial Cubs Rooftop event June 12.  See all photos


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Dealmakers

Rob Bond bets on recovery in the South Loop, where he's building the Maxwell, a 230,000-square-foot shopping center.  Read more


Trend of the Week

The one-year total return rate for retail properties in Chicago was 13.2 percent in the first quarter, compared with 12.7 percent for apartment buildings, according to data from the National Council of Real Estate Investment Fiduciaries.  Read more


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