Transwestern Real Estate Services is set to move its Chicago headquarters to 123 N. Wacker Drive, signing a 35K SF lease for the tower’s penthouse suite.
The real estate services firm will occupy the top three floors of the building and has a private outdoor space, with a move-in set for fall 2026. Transwestern will be leaving its 200 W. Madison St. location after almost two decades.
“Our new office signals the next phase of our successful growth in Chicago,” Blake Johnson, Transwestern’s executive managing director and greater Chicago market leader, said in a news release. “Our investment in this new workplace will…
Hilton has launched a partnership with Placemakr, an apartment hospitality brand and operator specializing in short-term and extended-stay rentals. The team-up will allow Hilton to further capitalize on burgeoning demand for extended-stay rentals.
Hilton already has 10,000 apartment-style units globally and will add up to 3,000 new units through its deal with Placemakr, according to a release. Hilton plans to “significantly grow its apartment-style inventory over the next few years” through this partnership and future agreements.
Placemakr specializes in flexible furnished rentals and has expanded by working with multifamily building owners to convert either an entire building or a chunk of units in…
Just four months after telling investors it planned to offload $1.9B of noncore assets, BXP is more than halfway to its goal.
A grand jury has indicted Vision & Beyond and co-founders Stanislav Grinberg and Peter Gizunterman for a $50 million bank fraud conspiracy. The Israeli entrepreneurs allegedly double-pledged properties to obtain multiple loans and worked with two title company employees to hide information from lenders and investors. Grinberg and Gizunterman, who met while serving in the Israeli Defense Forces, founded Vision & Beyond in 2019 and acquired 100 apartments and residential properties in and around Cincinnati, with the goal of renovating the properties. But the pair allegedly started by double pledging properties to get loans. They also inflated financial information such […]
This article originally appeared on The Real Deal. Click here to read the full story.
One of the women who accused Oren and Alon Alexander of sexual assault was found dead last year. Whiteman was one of two women who sued the brothers under New York’s Adult Survivors Act. The Real Deal first reported the lawsuits in June 2024, which kicked off a wave of women coming forward with similar allegations against twins Oren and Alon, along with older brother Tal, that culminated in their December 2024 arrests. Whiteman was found dead near Sydney, Australia, The New York Times reported. Her death is under investigation and a cause of death has not been determined. Her […]
This article originally appeared on The Real Deal. Click here to read the full story.
Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
The vision for the stadium planned to bring D.C.’s NFL franchise back to the city is coming into focus.
An under-the-radar company bid $1B to purchase the assets of one of the nation’s largest rehab and nursing home chains in a five-round bankruptcy auction on Wednesday.
Colorado-based investor Real Capital Solutions closed on the largest Chicago office acquisition in almost four years, paying $132.5M for the nearly 748K SF office tower at 401 N. Michigan Ave.
The 35-story Magnificent Mile building is about 87% leased and recently underwent $17M in renovations to its lobby, amenities and tenant experience.
Blackstone’s flagship real estate fund quadrupled its performance in 2025 compared to the prior year, notching its strongest performance since 2022.