BUENOS AIRES-The firm, affiliated with Chicago-based Jones Lang LaSalle, wants to extend its reach all the way south through the continent because of increased investor interest.
DEERFIELD, IL-The new 135,000-square-foot children’s product superstore, which had planned 19 locations by 2016, claims financial problems for the shutter decision.
Restructuring a troubled loan can take up to 18 months, though value has improved. Distress is better, but CMBS maturities this year will keep this workout method moving.
CHICAGO-The local hospitality firm, only two years public, looks to expand its properties in New York City and foreign markets, according to the CEO during a Q4 conference call.
CHICAGO-Troubled developer Joseph Freed, who lost control of Block 37 in a public fight last year, will now only keep a small interest in the former Carson, Pirie, Scott redevelopment.
SYDNEY-The mall giant has sold a 45% interest in 12 US properties for a joint venture with CPPIB, and divested its interests in three UK malls to Hermes Real Estate.
CHICAGO-The restaurant, a division of Orlando-based Planet Hollywood, and the mall REIT announced plans to open the locations at malls in nine states, as Buca continues a growth plan.
CLEARWATER, FL-John Stone, a principal with Colliers International, tells GlobeSt.com about how global investors are looking at the US and Canada as strong, cheap and safe capital targets.
CHICAGO-The two investors have sold about half of the 356 condos at the Legacy at Millennium Park, and US Bank and Private Bank have now provided a new $60.6 million loan.