CHICAGO-Based on the hotel REIT's current common stock price, the offering could generate $150 million to help pay down a line of credit as well as pay for the Four Seasons Washington, DC. Deutsche Bank Securities Inc. and Wachovia Capital Markets, LLC are leading the effort to sell the shares, while Goldman Sachs & Co. is underwriter.
CHICAGO-Based on the hotel REIT's current common stock price, the offering could generate $150 million to help pay down a line of credit as well as pay for the Four Seasons Washington, DC. Deutsche Bank Securities Inc. and Wachovia Capital Markets, LLC are leading the effort to sell the shares, while Goldman Sachs & Co. is underwriter.
CHICAGO-A 187-unit, $38-million affordable multifamily building for senior citizens is being built by G&A Construction and Development at 1818 W. Peterson Ave. CharterMac writes a $20-million mortgage and delivers $9.7 million in tax credits.
CHICAGO-The hearing aid maker leases back 36,000 sf in the 127,300-sf building at 4201 W. Victoria Ave., which CenterPoint Properties Trust will renovate for multiple tenants. The 45-year-old building also comes with 5.5 acres in the North Park community.
BLOOMINGDALE, IL-The 358,000-sf center across the street from Stratford Square marks the debut of Woodland Hills, CA-based NewMark Merrill Cos. to the market. It will team with GMX Real Estate Group, LLC.
BLOOMINGDALE, IL-The 358,000-sf center across the street from Stratford Square marks the debut of Woodland Hills, CA-based NewMark Merrill Cos. to the market. It will team with GMX Real Estate Group, LLC.
BLOOMINGDALE, IL-The 358,000-sf center across the street from Stratford Square marks the debut of Woodland Hills, CA-based NewMark Merrill Cos. to the market. It will team with GMX Real Estate Group, LLC.
NAPERVILLE, IL-The 10-story, 205,000-sf office building along the East-West Tollway is sold by CBRE Investors to Windsor Realty Fund IV. Metropolitan Life Insurance Co. got $23.5 million for the property at 55 Shuman Dr. in 2002.
CHICAGO-Owners of five properties totaling 279 units get mortgages adding up to nearly $15 million at rates ranging from 5.32% to 5.75%. Meridian Capital Group arranges the loans from Independence Community Bank and Astoria Federal.
ROLLING MEADOWS, IL-The loan on the three-building, 841,513-sf asset along the Northwest Tollway is capped at 9.09%. The deal also involves other city and suburban office properties owned by Prime Group Realty Trust.