More than 20% of Chicago properties backed by CMBS loans were in trouble as of last month, a new report from Kroll Bond Rating Agency reveals.
Ciere Boatright will assume the position on Nov. 20 and will work with the mayor to implement his economic development agenda.
Read about the top deals in Chicago this week.
The White Sox are considering a stadium at The 78, a 62-acre parcel stretching south to 16th Street.
Read about the latest deals in Chicago this week.
An appellate court judge ruled in favor of the city's appeal to put the transfer tax referendum back on voters' March 19 ballots.
Read about the latest top transactions in Chicago commercial real estate.
Tesla would likely convert an existing building on the site into a service and maintenance facility for its vehicles.
Many in the CRE community are being patient as Brandon Johnson learns city government. But some take issue with policies like his real estate transfer tax.
Chicago's real estate community had been waiting since Johnson's inauguration in May to learn the fate of the initiative.
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