Skip to contentReal estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. Reference: ”The American Heritage Dictionary of the English Language, Fourth Edition.” Houghton Mifflin Company, 2004. [http://dictionary.reference.com/browse/en%3Areal%20estate Dictionary.com] Retrieved July 12, 2008.
Chicago’s MB Real Estate recently promoted Krysta Bavlsik to assistant vice president of its investment services team. Bavlsik, who previously served as the manager of the firm’s research team, will assist with a myriad of services, including Argus and Excel modeling and property valuation for dispositions, acquisitions and developments. With the move, Jack Gavin was … Read more
Walker & Dunlop celebrated an improved year in 2011. According to a press release from the company, Walker & Dunlop recorded a loan origination volume of $4 billion during the year, with many of those dollars going to fund projects in the Midwest. That’s an increase of 27 percent from the loan origination volume that … Read more
Minneapolis-based CSM Corporation recently completed two sizeable leases in the Ridgedale, Minn., trade area at Bonaventure, a shopping center that now boasts nearly 90 percent occupancy. Marshalls has leased 25,931 square feet in the former site of Linens and Things, with construction already underway and an opening date targeted for Spring 2012. Destination XL, a … Read more
Months after it was retained as exclusive agent, Podolsky Northstar CORFAC International has negotiated the sale of two mortgage notes that are secured by the property formerly known as the Purple Hotel in Lincolnwood. The value of the transaction was undisclosed. North Capital Group, a holding entity for two local investment and management firms, acquired … Read more
Harrison Street Real Estate Capital LLC has announced the launch of Harrison Street Core Property Fund L.P., the first open-end core fund dedicated exclusively to investing in the demographically driven education, healthcare and storage segments of the real estate market. The fund will seek to acquire stabilized, income producing properties in the student housing, senior … Read more