CHICAGO-Lehman Brothers Bank finances the purchase of the 40-story, 758,961-sf building along the Chicago River with a $95.5-million mortgage. Morgan Stanley sells the 25-year-old building developed by John Buck after renovating the lobby.

CHICAGO-Nearly seven years after its $733-million acquisition of Lexford Residential Trust, Equity Residential mulls a sale of the remaining 27,390 units acquired in that deal. The company hires JPMorgan for advice on a potential sale.

CHICAGO-Teaming with a Germany-based developer, General Growth Properties will build a 430,000-sf shopping center in Turkey.

CHICAGO-Teaming with a Hamburg, Germany-based urban shopping center developer, General Growth Properties Inc. will build a 430,000-sf shopping center in Eskisehir, Turkey. It also acquires a 48% stake in a Turkish shopping center management company.

CHICAGO-Tax increment financing to spur commercial development in West Englewood is long overdue. But a $26.7-million plan draws skepticism from the South Side community that has suffered decades of disinvestment.

LINCOLNSHIRE, IL-Once on the market with the Marriott Schaumburg and Embassy Suites Lake Buena Vista Resorts, the 390-room Lincolnshire Marriott Resort is not considered a 2006 disposition candidate. Strategic Hotels and Resorts got a combined $78 million for the assets in October.

LINCOLNSHIRE, IL-Once on the market with the Marriott Schaumburg and Embassy Suites Lake Buena Vista Resorts, the 390-room Lincolnshire Marriott Resort is not considered a 2006 disposition candidate. Strategic Hotels and Resorts got a combined $78 million for the assets in October.

CHICAGO-The Bethesda, MD-based REIT pays $214.7 million for the 751-room Westin Michigan Avenue and $114.5 million for the 367-room House of Blues Hotel, putting about 25% of its portfolio Downtown.