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The location in the landmark Bridgeview Bank building will be the co-working giant's first on the city's North Side and a rare deal in a residential property.
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The partners will target urban infill development opportunities for a portfolio valued at $1 billion.
A Chicago-based developer is bringing units to the city that has attracted a fully of new construction.
CEDARst Cos. has secured an $81.7 million Fannie Mae loan to refinance The Draper, a 342-unit apartment complex in Chicago's Uptown neighborhood.
Yesterday, hundreds of commercial real estate professionals tuned in for the first annual IREJ Real Estate Awards. The event also honored the career of Jim McShane with a Lifetime Achievement Award.
The 260 units, all studios and one-bedrooms, are positioned as a lower-priced alternative to the increasingly luxury-priced housing options in the neighborhood.
CEDARst Companies has completed the acquisition of two adjoining historic properties and a land site in the North Loop section of Minneapolis and ultimately will redevelop the property as 6th and 3rd, a 345-unit, fully-amenitized multifamily complex.
A Chicago developer paid more than $21 million this week for a pair of warehouses that will become part of a historic rehab project in the North Loop neighborhood of Minneapolis.
A vintage office building just steps from the buzz of State Street has been transformed into 176 chic urban apartments.
A vintage office building just steps from the buzz of State Street has been transformed into 176 chic urban apartments in the River North neighborhood.
A Chicago apartment developer has broken ground on a $65 million project just north of Pilsen, using a financing tool that’s popular in other big cities but has yet to catch on here.
The two-year transformation of Uptown’s former Combined Insurance building into a new striking apartment development known as the Draper is nearly complete.
Apartment dwellers have begun moving in above Miller’s Pub downtown, continuing a makeover of a drab stretch of Wabash Avenue beneath elevated trains.
Time was, looking at brand-new apartment buildings meant managing your expectations. Sure, you might get a bright, fresh apartment with new appliances, a party room and an in-house fitness center.
Some apartment communities are built from the ground up, and others are fashioned from existing structures. The Ardus, which recently opened in River North, is both — but it’s hard to tell by looking.
Cedar Street has scored nearly $75 million in debt financing for a 342-unit office-to-apartments conversion in Uptown, one of several multifamily projects in the Chicago developer’s construction pipeline.
