Monday - April 21, 2025
State Tipoffs Involving Illinois Newsletter for Tuesday February 11, 2025 ( 22 items )  

$18.698M financing arranged for Red Table Apartments in Vail Valley
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $18.698M financing arranged for Red Table Apartments in Vail Valley DENVER, Feb. 10, 2025 - JLL Capital Markets announced today that it has secured a $18.698 million financing for Red Table Apartments, a 77-unit multifamily property located in Gypsum, Colorado. JLL worked on behalf of the borrower, Brikwell, to secure the 10-ye  more

$24M sale of stabilized Orange County office building complete
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $24M sale of stabilized Orange County office building complete ORANGE COUNTY, Calif., Feb. 10, 2025 - JLL Capital Markets announced today that it has completed the $24 million sale of Cerro, a 71,464-square-foot, institutional-quality office building in Mission Viejo, California. JLL represented the seller, Bolour Associates, a  more

$51M construction loan secured for single-family BTR community in Raleigh, NC
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $51M construction loan secured for single-family BTR community in Raleigh, NC WASHINGTON, D.C., Feb. 10, 2025 - JLL Capital Markets announced today that it has secured a $51.2 million financing for Mailman Post, a 302-unit single-family build-to-rent (BTR) community in Knightdale, North Carolina, being developed by Turnbridge Eq  more

AT&T and TransUnion Launch In-Network Branded Call Display With Reason for Call
CHICAGO, Illinois, Feb. 8 -- TransUnion, a risk information provider, issued the following news release: * * * AT&T and TransUnion Launch In-Network Branded Call Display with Reason for Call AT&T wireless customers can now see companies' names, logos and reasons for calls on verified incoming calls on most Android devices--without the need for an app AT&T and TransUnion (NYSE: TRU) are now offering outgoing calls for businesses that display a reason for the call in addition to showing their   more

ATTORNEY GENERAL RAOUL LEADS COALITION DEFENDING FUNDING FOR MEDICAL AND PUBLIC HEALTH RESEARCH
CHICAGO, Illinois, Feb. 10 -- Illinois Attorney General Kwame Raoul issued the following news release: * * * ATTORNEY GENERAL RAOUL LEADS COALITION DEFENDING FUNDING FOR MEDICAL AND PUBLIC HEALTH RESEARCH Attorneys General File Legal Challenge to Dramatic NIH Funding Cuts for Universities and Research Institutions Chicago - Attorney General Kwame Raoul co-led a coalition of 22 attorneys general today to stop the Trump administration from unlawfully cutting Department of Health and Human Ser  more

ComEd Announces $100 Million in EV Rebates Now Available to Boost Charging and EV Adoption Across Northern Illinois
CHICAGO, Illinois, Feb. 8 -- Commonwealth Edison, a subsidiary of Exelon, issued the following news release: * * * ComEd Announces $100 Million in EV Rebates Now Available to Boost Charging and EV Adoption Across Northern Illinois CHICAGO February 6, 2025 ComEd Media Relations 1 312 394 3500 ComEd expands funding in 2025 to help remove barriers to EV adoption and to boost EV charging availability throughout the region ComEd today joined a variety of local and industry stakeholders at th  more

House Apartments: $7.517M loan secured for multi-family community in Colorado
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * House Apartments: $7.517M loan secured for multi-family community in Colorado DENVER, Feb. 10, 2025 - JLL Capital Markets announced today that it has arranged a $7.517 million financing for House Apartments, a 54-unit multifamily property in Eagle, Colorado. JLL represented the borrower, Brikwell, to secure the 10-year, fixed-r  more

Hyatt Announces Plans to Acquire Playa Hotels & Resorts N.V., Enhancing Hyatt's All-Inclusive Platform
CHICAGO, Illinois, Feb. 9 [Category: BizTravel] -- Hyatt Hotels Corp., a hospitality company, issued the following news release: * * * Hyatt Announces Plans to Acquire Playa Hotels & Resorts N.V., Enhancing Hyatt's All-Inclusive Platform Hyatt Announces Plans to Acquire Playa Hotels & Resorts N.V., Enhancing Hyatt's All-Inclusive Platform CHICAGO, IL (February 10, 2025 ) - Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into an agreement to acquire all outstanding   more

I-65 Widening Project Named Project of the Year by ASHE Middle Tennessee
CHICAGO, Illinois, Feb. 11 -- Benesch, a consulting engineering company, issued the following news: * * * I-65 Widening Project Named Project of the Year by ASHE Middle Tennessee ROBERTSON COUNTY, TN--The $188 million effort to widen Interstate 65 in Robertson County has earned the American Society of Highway Engineers (ASHE) Middle Tennessee Project of the Year award. The widening project was recognized for significantly increasing capacity, improving safety and streamlining traffic operatio  more

IDOA LAUNCHES 'ILLINOIS GROWN' TO BOOST STATEWIDE AGRICULTURE PRODUCERS
SPRINGFIELD, Illinois, Feb. 11 -- The Illinois Department of Agriculture issued the following news release: * * * IDOA LAUNCHES 'ILLINOIS GROWN' TO BOOST STATEWIDE AGRICULTURE PRODUCERS Springfield, IL - Illinois Grown, a new program from the Illinois Department of Agriculture (IDOA), will make it easier to support local farmers and businesses. The Illinois Grown logo will soon appear on products across the state, signaling that items are either grown in Illinois or contain at least one ingre  more

Illinois Supreme Court Appoints Matthew Vaughn as Resident Judge in Wayne County
SPRINGFIELD, Illinois, Feb. 11 -- The Illinois Supreme Court issued the following news release: * * * Illinois Supreme Court Appoints Matthew Vaughn as Resident Judge in Wayne County Justice David K. Overstreet and the Illinois Supreme Court have announced the appointment of Matthew E. Vaughn as a Resident Circuit Judge in Wayne County in the Second Judicial Circuit. Mr. Vaughn was appointed to fill the vacancy created by the retirement of Judge Michael J. Molt on November 30, 2024. The appo  more

JLL arranges $1.125B refinancing for 3 Bryant Park in Midtown Manhattan
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * JLL arranges $1.125B refinancing for 3 Bryant Park in Midtown Manhattan NEW YORK, Feb. 10, 2025 - JLL 's Capital Markets group announced today that it has arranged a $1.125 billion refinancing for 3 Bryant Park, a 1.2 million square-foot, trophy office tower located in the Bryant Park micro-market of Midtown Manhattan. JLL repr  more

Kirkland Advises KKR-Backed Kito Crosby on $2.7 Billion Sale to Columbus McKinnon
CHICAGO, Illinois, Feb. 11 -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Advises KKR-Backed Kito Crosby on $2.7 Billion Sale to Columbus McKinnon Kirkland & Ellis is advising KKR and its portfolio company Kito Crosby Limited, a global leader in lifting solutions, on its sale to Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling. The acquisition was announced F  more

Kirkland Advises Lexitas on Agreement to Sell Registered Agent Solutions Inc. to Wolters Kluwer
CHICAGO, Illinois, Feb. 11 -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Advises Lexitas on Agreement to Sell Registered Agent Solutions Inc. to Wolters Kluwer Kirkland & Ellis represented Lexitas, a leading provider of technology-enabled legal services and a portfolio company of funds advised by Apax Partners LLP, on its definitive agreement to sell Registered Agent Solutions Inc. to Wolters Kluwer Financial & Corporate Compliance for approximately $415  more

Kirkland Represents Bain Capital Insurance in $350 Million Strategic Investment in SelectQuote
CHICAGO, Illinois, Feb. 11 -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Represents Bain Capital Insurance in $350 Million Strategic Investment in SelectQuote Kirkland & Ellis counseled Bain Capital Insurance in a $350 million strategic investment in SelectQuote (NYSE: SLQT), a leading distributor of Medicare insurance policies and owner of a rapidly-growing healthcare services platform, alongside Morgan Stanley Private Credit and Newlight Partners. The  more

Kirkland Represents Francisco Partners and TA Associates on Sale of Edifecs to Cotiviti
CHICAGO, Illinois, Feb. 11 -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Represents Francisco Partners and TA Associates on Sale of Edifecs to Cotiviti Kirkland & Ellis counseled Francisco Partners, a leading global technology-focused private equity firm, and TA Associates, a leading global growth private equity firm, on the sale of Edifecs, a leading provider of data interoperability software solutions, to KKR- and Veritas-backed Cotiviti, a leader in d  more

McDermott Represents Tether in Strategic PIPE Investment and Related Tender Offer With Rumble
CHICAGO, Illinois, Feb. 11 -- McDermott Will and Emery, a law firm, issued the following news release: * * * McDermott Represents Tether in Strategic PIPE Investment and Related Tender Offer with Rumble McDermott Will & Emery represented Tether in a $775 million strategic private investment in public equity (PIPE) investment and related tender offer in video-sharing platform and cloud services provider Rumble (NASDAQ:RUM). Tether is the largest company in the digital assets industry and the m  more

ONU COMPLETES THIRD CONSECUTIVE SWEEP OF CCAC INDOOR CHAMPIONSHIPS
BOURBONNAIS, Illinois, Feb. 10 -- Olivet Nazarene University posted the following news: * * * ONU COMPLETES THIRD CONSECUTIVE SWEEP OF CCAC INDOOR CHAMPIONSHIPS DAVENPORT, Iowa - The Olivet Nazarene University men's and women's track & field teams completed their third consecutive sweep of the Chicagoland Collegiate Athletic Conference (CCAC) with wins at the 2025 edition of the championships, hosted at the St. Ambrose Wellness & Recreation Center. The ONU men held on to their big lead buil  more

RSM Named to CRN's MSP 500 List for 2025
CHICAGO, Illinois, Feb. 11 -- RSM U.S., an independent audit, tax and consulting firm, issued the following news release: * * * RSM US LLP ("RSM") - the leading provider of assurance, tax and consulting services for the middle market - announced today that CRN, a brand of The Channel Company, has recognized RSM on its Managed Service Provider (MSP) 500 list in the Elite 150 category for 2025. CRN's annual MSP 500 list is a comprehensive guide to the leading MSPs in North America. MSPs deliver  more

Sale of Houston's 515 Post Oak office tower completed
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * Sale of Houston's 515 Post Oak office tower completed HOUSTON, Feb. 10, 2025 - JLL Capital Markets announced today that it has completed the sale of 515 Post Oak, a Class A office tower totaling 274,583 square feet in Houston's Galleria submarket. JLL represented the seller, New York Life Real Estate Investors, and procured the  more

Shallow bay industrial portfolio in Chicago, IL sold to Westmount Realty Capital
CHICAGO, Illinois, Feb. 10 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * Shallow bay industrial portfolio in Chicago, IL sold to Westmount Realty Capital CHICAGO, Feb. 10, 2025 - JLL Capital Markets announced today the sale of the Chicago Shallow-Bay Portfolio, a nine-building, 390,779-square-foot light industrial portfolio located across high-performing infill submarkets in the Chicago, Illinois met  more

UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance With New Climate Laws
NORTHBROOK, Illinois, Feb. 11 -- UL Solutions, a company that says it delivers testing, inspection and certification services, together with software products and advisory offerings, issued the following news release: * * * UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws The relationship will help enterprises in Australia provide required climate-related reporting, including greenhouse gas emissions across the supply chain. NORTHBROOK, I  more