High delinquency rates for commercial loans in Chicago are impacting local market stability for investors and property owners.
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October 1, 2026
Chicago Office Property Sold for $2 MillionThe purchase of a Streeterville office space at a steep discount signals a new chapter for the underused asset.
October 1, 2026
Chicago Opened First Loop Office Housing ConversionThe Bellwether building offers 117 mixed-income units to help address downtown vacancy rates and local housing needs.
September 30, 2026
West Loop Hotel Developer Returned Property KeysThe owner of 801 West Madison Street signed a deed-in-lieu of foreclosure after failing to find a project partner.
September 30, 2026
Morningstar Will Move Headquarters to Chicago Thompson CenterThe financial services firm will relocate its downtown operations to a new 275,000-square-foot office space by late 2028.
September 30, 2026
Chicago Office Building Converted Into 80 ApartmentsNewstreet purchased the Gold Coast property for $6.8 million to create new rental housing units.
September 29, 2026
Becovic Purchased Andersonville Apartment BuildingThe $20 million deal for a 91-unit complex signals new investment in the area's high-occupancy rental market.
September 28, 2026
Developer Purchased Chicago Site for $16.5 MillionMavrek Development acquired a 25,000-square-foot Fulton Market property as local housing demand grows.
September 25, 2026
GCM Grosvenor Seeded $200 Million Retail FundThe firm committed capital to a new venture targeting grocery-anchored shopping centers across the country.
September 25, 2026
Michigan Plaza Loan Put Up for Sale by BaringsThe owner of the Chicago office complex is relinquishing the property as the nonperforming loan hits the market.
September 24, 2026
Chicago Increased Pilsen TIF Budget to $830 MillionThe City Council vote unlocks funds for local public improvements across three wards through 2034.
