Diversified Real Estate Capital
JV Gets $296M Refi for Downtown Chicago Office Tower
JLL’s Capital Markets group secured the loan on behalf of Hines, American Realty Advisors and Diversified Real Estate Capital.
Cresset, Diversified Establish Partnership
With 13 projects underway between them, the companies will build on a relationship that dates back to 2013.
Qualified Opportunity Zone Fund Closes at $465M
Cresset Partners and Diversified Real Estate Capital are riding the wave of the successful capital raise with the launch of a follow-on vehicle.
American Bar Association Renews Chicago Lease
A team of brokers from Savills Studley, led by Eric Feinberg and John Goodman, negotiated the lease expansion on behalf of the organization. The agreement includes tenant improvement concessions and lower rent expenses.
Lettuce Entertain to Open New Chicago Restaurant
The retailer signed a 38,000-square-foot lease at 321 N. Clark St. in Chicago’s River North neighborhood. The restaurant is slated to open in the summer of 2019.