The U.S. office market generated $5.4 billion in first quarter sales, according to new data from CommercialEdge. This represents a 17% decline from the $6.5 billion from the first quarter of 2023 and significantly below the $18.9 billion generated two years earlier in...
The Chicago Bears are looking to Windy City taxpayers to fund the infrastructure upgrades for their proposed new lakefront domed stadium – an endeavor that will require $325 million for its first phase and could total $1.5 billion in public funding for the full...
Total commercial real estate mortgage borrowing and lending during 2023 was estimated to have totaled $429 billion, according to data from the Mortgage Bankers Association (MBA). Last year’s total was down 47% from the $816 billion in 2022 and down 52% from the record...
Industry Real Estate Partners, an Atlanta-headquartered commercial real estate services firm, has hired Matt Parisi as vice president. In his new job Parisi will focus on helping investors, developers, and corporations buy, sell, and lease office properties across the...
Roughly five months after the upscale grocery chains Foxtrot Market and Dom’s Kitchen & Market merged in an all-stock deal to become Outfox Hospitality, the combined entity announced the immediate closure of all 35 of its stores. The impacted location includes 33...
Matterhorn Venture Partners, a Chicago-based boutique commercial real estate investment firm, has opened for business. Founded by industry veterans Scott McKibben and Matt Kay, the new firm focuses on multiple asset classes and transaction sizes involving the...
Illinois Home Sales and Inventory Decline While Median Price Rises
