Latest
Markets
Properties
DevelopmentPeopleTransactions

Midwest CRE News

Commercial Real Estate News

The contemporary resident lounge at Thompson Thrift’s Longmont, Colorado opportunity, one of six multifamily developments targeted through the firm’s 2027 partnership.
FundraisingMultifamily

Thompson Thrift Launches Ninth Multifamily Development Partnership, Targeting $200M–$230M Across Five States

Thompson Thrift has launched Thompson Thrift 2027 Multifamily Development, LP, its ninth multi-project development partnership, targeting $200 million to $230 million in equity commitments from accredited investors. The offering will fund six Class A multifamily communities across Colorado, Kentucky, Montana, Arizona and Nevada, with securities offered through North Capital Private Securities.

•Thompson Thrift
University of Michigan and American Campus Communities representatives prepare to cut the ceremonial ribbon at Wolverine Village, marking the opening of the more than $600 million student housing development.
Development

American Campus Communities and University of Michigan Open $600 Million Wolverine Village Student Housing Development

The University of Michigan and American Campus Communities marked the grand opening of Wolverine Village on Sept. 18, 2026, a $600 million-plus, 2,298-bed residential development on U-M's Central Campus in Ann Arbor. The 750,000-square-foot project, delivered through a public-private partnership, adds five residence halls and an 800-seat dining hall to the university's housing inventory.

•Student Housing
An aerial view of the Marygrove Conservancy campus in northwest Detroit, the 53-acre site where the Kresge Foundation plans to develop a 70,000-square-foot office and community facility.
DevelopmentOfficeMixed Use

Kresge Foundation Plans 70,000-Square-Foot Office Development at Detroit's Marygrove Campus

The Kresge Foundation announced significant progress on a planned 70,000-square-foot headquarters and community facility at the Marygrove Conservancy campus in northwest Detroit, with a groundbreaking scheduled for spring 2027 and completion targeted for 2029. The project includes broad campus improvements and continued neighborhood investment in the Livernois-McNichols area.

•the Kresge Foundation
Property Transactions

Investcorp Acquires $225 Million Philadelphia and Nashville Industrial Portfolio, Exits $550 Million Multi-City Holdings

Investcorp has acquired a 22-building industrial portfolio spanning Philadelphia and Nashville for more than $225 million, while simultaneously completing the liquidation of a multi-city industrial portfolio in Chicago, Dallas and Charlotte for more than $550 million. The transactions together represent more than $800 million in U.S. industrial real estate activity for the global alternative investment firm.

•Investcorp

More News

A rendering of Thrivent Financial for Lutherans' Evergreen Operations Center in Appleton, the $80 million four-story office project expected to open in 2028.
DevelopmentOfficeMixed Use

Thrivent Financial for Lutherans Breaks Ground on $80 Million Evergreen Operations Center in Appleton

Thrivent Financial for Lutherans has started construction on the Evergreen Operations Center, a four-story, 155,000-square-foot office building in Appleton, Wisconsin, representing an approximately $80 million investment. The project marks the first vertical development within Wilden Portfolio Park, a roughly 580-acre mixed-use master plan on Appleton's north side.

•Thrivent Financial for Lutherans
An aerial view of the Alliance 55 Logistics Center site in Plainfield, Illinois, highlighting Alliance Industrial Company's acquisition of the 41.5-acre parcel for a planned bulk warehouse.
Property TransactionsIndustrial

Alliance Industrial Company Acquires 41.5-Acre Plainfield Parcel for 725,000-SF Alliance 55 Logistics Center

Alliance Industrial Company has acquired a 41.5-acre parcel in Plainfield, Illinois, within Chicago's I-55 industrial submarket, marking the first closing by the firm's Midwest division. The company plans to develop Alliance 55 Logistics Center, a speculative bulk industrial facility totaling approximately 725,000 square feet, with groundbreaking already underway and completion targeted for the fourth quarter of 2027.

•Alliance Industrial Company
A streetscape rendering of The Beverly in Bloomington shows the six-story brick and Indiana limestone student housing community celebrated by Buckingham Companies and Indiana University at its 2026 grand opening.
DevelopmentStudent HousingMultifamily

Buckingham Companies and Indiana University Open The Beverly, a $81 Million Student Housing Community in Bloomington

Buckingham Companies and Indiana University marked the grand opening of The Beverly on Sept. 18, 2026, with a ribbon-cutting ceremony and the announcement of a new $200,000 scholarship fund. The six-story, 162-unit community at 400 E. 7th St. in Bloomington represents IU's first public-private partnership for student housing.

•Buckingham Companies