WEST LAFAYETTE, IN-The $45 million 270 Northwestern project is a go after a close City Council vote, which forced the elimination of a floor and the addition of a grocer.
CHICAGO-The company has broken ground on two multifamily properties, the $116 million Summit on Lake tower downtown and a four-story midrise in Evanston, IL.
INDIANAPOLIS-The Health & Wellness Center is the second phase of the Avondale Meadows project, a redevelopment of the former crime-ridden Timber Ridge Apartments.
CHICAGO-Richard Lindsay will replace Lori Healey as co-head of development at the John Buck Co. Healey is now CEO for former Mayor Richard M. Daley’s new investment firm.
LONDON-The Beverly Hills, CA-based Kennedy Wilson has joined in principle with the bank to acquire regular and distressed property loans, particularly in the UK and Ireland.
OAK BROOK, IL-Inland Real Estate Acquisitions Inc. has purchased a Northeast drugstore portfolio for $69 million and South Elgin Commons for $25 million. Plus more Midwest news.
CHICAGO-Investment experts agree that no amount of squinting should change the light for buying distressed European assets from yellow to green, at least not for another year or two.