News

South Loop Is Booming!

October 9, 2015

Bisnow

In the late '90s, industrial speculation drove the South Loop real estate market. Today, the area is one of Chicago's hottest multifamily markets.

Take a Tour Through the South Loop's New British School

September 15, 2015

Curbed Chicago

Parents who tour the new campus tend to be amazed by the stylish design and technology everywhere, most often joking that they wished they could enroll themselves.

From Industrial to Mixed-Use in Southside Chicago

September 15, 2015

Commercial Property Executive

The first milestone in what will become the Windy City’s new Lakeside mixed-use community has been reached, with the opening of the new Lakeside Heritage Walk in South Chicago.

British School Celebrates Opening of South Loop Campus

August 27, 2015

Curbed Chicago

Yesterday, stakeholders and student families celebrated the grand opening of the new South Loop campus of the British School of Chicago with a ribbon-cutting ceremony and a day of carnival activities.

South Loop's British School Opens Rooftop Park to Public Despite Opposition

August 27, 2015

DNA Info Chicago

SOUTH LOOP — The British International School has opened its rooftop park, which will be open to the public, despite a history of opposition from some residents.

Prudential pays $225 million for Roosevelt Collection

August 5, 2015

Crain's Real Estate Daily

Prudential Real Estate, a unit of Prudential Financial, declined to disclose terms of the transaction, but people familiar with the property say Prudential paid $225 million, 40 percent more than the $160 million the McCaffery joint venture bought it for in June 2011...The retail space at the Roosevelt Collection, about 25 percent occupied when the McCaffery venture bought it, is now 93 percent leased.

Prudential Real Estate Investors acquires the Roosevelt Collection in Chicago’s South Loop

August 4, 2015

Market Watch

“We are pleased to have capitalized on this unique opportunity to purchase a high-quality mixed-use asset in one of the most attractive retail corridors in downtown Chicago,” said Kevin R. Smith, head of Americas for PREI. “The Roosevelt Collection is poised to benefit from the continuing growth of the South Loop and deliver stable, diversified cash flows to our investors.”

Back from the dead, Roosevelt Collection changing hands

June 17, 2015

Chicago Real Estate Daily

“McCaffery deserves a great deal of credit for buying at a recovery inflection point and holding on as the South Loop markets strengthened,” Greg Mutz, CEO of Amli Residential, a Chicago-based apartment developer that recently built a 398-unit project nearby, wrote in an email. “Timing was everything and Dan's timing was perfect.”

Exclusive: Apple to take bite out of Oxford's Three Crossings development

June 12, 2015

Pittsburgh Business Times

Oxford Development Co. has landed Apple Inc. as a tenant in the first office building at its Three Crossings mixed-use development in the Strip District, sources told the Pittsburgh Business Times.

Children's Memorial developer adds joint venture partner

June 2, 2015

Crain's Chicago Real Estate Daily

The developer of the former Children's Memorial Hospital site in Lincoln Park added a joint venture partner as it prepares to start work on the $350 million residential and retail project by the end of the year.

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