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A consortium’s acquisition of the Wrigley Building earlier this week is just the latest trade involving an iconic Chicago asset and demonstrates that the city’s downtown office buildings remain hot assets for...
Leasing and investment sales transactions continue to recover this year as many newly confident commercial brokerages turn to a different kind of transaction — acquiring competitors...
When Christopher Merrill was starting his own private equity real estate fund in Chicago about five years ago, he was fortunate enough to make wise choices. He brought in Chris Galvin as his financial partner in...
Casino developers have to be discouraged. Las Vegas is overbuilt, Atlantic City's economy is a basketcase and voters in emerging markets like Chicago still can't decide whether to embrace gambling. But how about...
As the chairman and CEO of Prime Group in Chicago, Michael Reschke has been known for years as a developer of office towers and shopping centers. For now, however, he’s sinking his money into hotels, opening a 610...
The sudden assumption in the commercial real estate world after the twin towers of the World Trade Center were demolished on 9/11 was that in a new era ruled by fears of urban terrorism iconic skyscrapers would sudde...