DAYTON, OH-The property, the tallest office tower in the city, had been in foreclosure by Bank of America, and was valued for auction at about $16 million.
CHICAGO-The Kennedy family has financial backing and assistance from Hines and Magellan to build two office buildings and an apartment tower at the historic bank on the Chicago River.
MONTREAL-The property, once the local berth for celebrities and world leaders, closed in 2008 after losing customers. Now the hotel includes 98 rooms and 31 condos.
CHICAGO-The former large housing project has finally been fully demolished, and this next building will include mixed-income housing and a medical office.
WEST SACRAMENTO, CA-Along with an almost 5,000-unit apartment portfolio, former Lehman partner LCOR also brings development abilities to the locally based investment giant.
DEERFIELD, IL-The company, run by former Walmart and Toys R’ Us executives, only lasted four months, and will now sell its thousands of children’s items for half off in a quick sale.
CHICAGO-Following the exodus from Grubb & Ellis, the local broker is one of the top local execs heading into the new Newmark Grubb firm. He cites more options and leadership for his move from Cushman.
DUBLIN-The agency will invest $2.5 billion to build up properties, and another $2.5 billion in purchasing loans, as it works to resolve its acquired Irish bank debt by 2020.
MEXICO CITY-The Chicago-based firm has purchased the Hotel Nikko Mexico for $190 million and will rebrand, part of Hyatt’s Latin American investment to 20 properties.