Visions of two new office towers along the Kennedy Expressway aren’t likely to take off for the John Buck Company, and it’s anyone’s guess who will ultimately decide what–if anything–gets built atop the parking lot on West Madison Street in Chicago’s West Loop.  It was bad enough that the Chicago-based firm ended up in the undesirable position of surrendering the West Loop parcel it held since 2023 earlier this year to JDI Realty via a deed-in-lieu of foreclosure.  The following lawsuit over the

Venue hopping by professional sports franchises often comes across as a speculative enterprise, but this week the NBA’s Dallas Mavericks provided evidence that they are committed to moving to Valley View in the city’s northside, much to downtown boosters’ chagrin.  Legends Global was named owner’s representative and lead sales agency for the Las Vegas Sands-owned Mavs’ new stadium planned for Valley View in North Dallas, the site of a former shopping mall, at the intersection of I-635 and Presto

A development advisory firm is wagering that a formula crafted in New York combining an intimate live music concert series with philanthropy can draw interest to a high-end Nashville condo project.  Redeavor, the two-year-old firm serving as the exclusive sales and marketing team for the Pendry Residences Nashville, has tapped Douglas Elliman and one of its longtime brokers, Greg Williamson, as New York City marketing partners.  Developed by SomeraRoad, the 30-story, $364 million tower is slated

A soon-to-close private college in a Chicago suburb south of the city is already drawing redevelopment buzz as it heads to the sale block. Trinity Christian College in Palos Heights is listed for sale ahead of its planned shutdown later this year, with CBRE tapped to market the 60-acre campus. The Chicago Sun-Times reported that the brokerage’s Anne Rahm, Matt Ishikawa and Tom Svoboda are leading the effort, and early interest is coming from a mix of residential developers and institutional user

Knightvest Capital is doubling down on Dallas’ urban core, snapping up a Class A Uptown apartment building with plans to elevate rents through a fresh round of upgrades. The Dallas-based multifamily investor acquired the 23-story, 389-unit Ardan building at 2975 Blackburn Street, a high-rise in the West Village enclave, according to a press release. The seller was New York-based Brookfield Properties. A joint venture between Dallas-based Cityplace Company and Cleveland-based Forest City Realty T

A pair of Chicago real estate firms are making it official. Cross Street incorporated Peak Properties into its national business, formalizing a longstanding partnership and adding more property management to its expanding residential brokerage and development business, according to a press release. Peak, which manages more than 9,000 units across Chicago neighborhoods, will continue operating locally under its own name. Behind the scenes, however, Cross Street plans to leverage Peak’s systems an

The I-55 corridor’s warehouse boom isn’t slowing down. Dallas-based Trammell Crow Company landed a full-building tenant at its Plainfield Business Center, with Woodridge, Illinois-based RJW Logistics Group signing for 788,000 square feet in Building 1 of the sprawling industrial park about 40 miles southwest of downtown Chicago, according to a press release from Trammell Crow. The lease fills the entirety of the first building and lays the groundwork for the next phase of the project in Plainfie

Dallas development lost one of its quiet visionaries last weekend. Henry S. Miller III, a fourth-generation steward of one of the city’s most prominent real estate families, died Saturday at 79, according to a press release from Henry S. Miller Company. His passing closes a chapter in a legacy that began in 1914 and helped shape everything from Highland Park’s retail core to Uptown’s modern skyline. Miller is perhaps best known for bringing to life West Village, the 400,000-square-foot Uptown pr

Texas homebuyers love master-planned communities so much that 20 of the 50 top-sellers were in the state in 2025.  The Houston region dominated the national ranking in particular, with Sunterra and Tamarron — both in Katy — landing in the top 10, according to data from real estate consultancy RCLCO. Houston’s suburbs had 10 master-planned communities land in the 50 top-selling MPCs in total last year. Developers Land Tejas and Starwood Land’s Sunterra notched the highest sales in the state with

A federal civil rights investigation launched by the U.S. Department of Housing and Urban Development into whether Texas state officials steered federal disaster relief grants to whiter, wealthier areas is now over.  HUD closed the case investigating the Texas General Land Office’s practices in its distribution of disaster funding, according to a press release Wednesday from HUD. According to the agency, HUD’s Office of Fair Housing and Equal Opportunity found that the Texas GLO did not engage i

More cash and construction are flowing into Hillwood’s AllianceTexas in Fort Worth, this time with a massive warehouse expansion. The Dallas-based developer is planning an estimated $140 million expansion of an existing shell warehouse building called Alliance Center North 4 at 15301 North Beach Street, according to a plan filed Friday with the Texas Department of Licensing and Regulation. The plan outlines a scope of work that includes a new addition of about 371,160 square feet to the west sid

Crow Holdings is doubling down on Dallas as a data center powerhouse, unveiling plans for a 245-megawatt campus on a long-vacant, urban infill site along the Stemmons Corridor. The Dallas-based real estate investment and development firm said it will construct the multi-building project with CleanArc Data Centers, starting with a 70-megawatt facility slated for completion in late 2027, according to a news release from the company.  The campus will rise on roughly 40 acres that Crow has owned for

The new year is bringing new senior leadership to Partners Real Estate throughout Texas.  The Houston-based commercial real estate firm said Thursday that it hired three senior leaders for the firm’s Austin office, and said Friday that it hired JJ Leonard as managing director of its Dallas office, according to news releases from the company.  Leonard also joined the Dallas office as an equity partner, moving from Stream Realty Partners where he served since 2015. Rye Hinkle was hired for the Aus

A Clybourn Corridor retail building that traded at a fire-sale price is starting to fill up, with Farpoint Development and MCZ Development landing a major national tenant. T.J. Maxx signed a lease for 26,000 square feet of street-level space at 939 West North Avenue, according to a press release, giving the off-price retailer street-level space at the southeast corner of North Avenue and Sheffield Avenue. The store is slated to open this fall under a 10-year lease, the release shows. The deal ma

Austin’s biggest leases of the year rang in just shy of one million square feet of office space, with about a third of that area in and around the Domain.  Nvidia led the way in planting its flag in northwest Austin, followed by Apple, BigCommerce and Spectrum in 2025.  Citywide vacancy ticked up slightly to 22.6 percent in the third quarter of 2025, up 0.1 percent from the same period last year, according to a market report from Colliers. The Domain fared much better than the citywide office ma

A lender is placing a bet on suburban retail, as rooftops keep piling up west of Houston. Delray Beach, Florida-based Forman Capital closed a $37.1 million construction loan for The Oaks of District West, an open-air retail, restaurant and entertainment project planned in Richmond, about 30 miles southwest of downtown Houston. The loan, which closed last week, backs a development led by Ferguson Family Partners, led by Bobby and Corey Ferguson, according to a press release from Forman.  The proj

A sprawling Chicagoland apartment complex with a history as a chocolate factory once again traded since its last sale two years ago.  Dallas-based S2 Capital, a real estate investment manager, said it paid $93.7 million for the Ovaltine Court apartment complex, a 344-unit garden and loft-style multifamily community in Villa Park, a western suburb of Chicago. It marks the firm’s first investment in the greater Chicago area, according to a press release.  S2 funded the acquisition with a $60 milli

A new partnership is gearing up to transform an existing development into the next Setai, this time in the Caribbean.  Toronto-based Altree Developments and The Setai Hotels announced a partnership that will expand and add to the Vie L’Ven St. Maarten and debut as The Setai St. Maarten, a 205-key hotel in Indigo Bay that will include private villas, according to a news release from the companies. The collaboration marks The Setai’s Caribbean debut. Construction is underway with 2028 targeted for

Draper & Kramer is beefing up its suburban Chicago footprint with the acquisition of Eleven33, a 263-unit luxury apartment building in Oak Park. The 12-story complex, which garnered more than $88 million in the transaction, was completed in 2019 and sits steps from both the CTA Green Line and Metra’s UP-West Line at 1133 South Boulevard.  The deal gives the buyer, a century-old local firm, another stabilized, transit-rich asset as Class A rental demand keeps outpacing supply in inner-ring suburb

Maria Pappas plans to challenge incumbent Mayor Brandon Johnson when he is up for reelection in February 2027. The Cook County Treasurer said she is “in and I’m not getting out. I just haven’t announced,” when asked if she plans to run on the WFLD program “Chicago Live.”  “The city needs a gray-haired grandmother who’s got the cajones to get everybody in shape, get everybody in the room, say, ‘this is the pie; you can only have a piece of it,’’ Pappas said.  Pappas, who has held post as the coun