Thursday - April 3, 2025
State Tipoffs Involving Illinois Newsletter for Friday March 21, 2025 ( 15 items )  

$27.5M in construction financing secured for a speculative 408K SF industrial property in Hesperia, CA
CHICAGO, Illinois, March 20 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $27.5M in construction financing secured for a speculative 408K SF industrial property in Hesperia, CA LOS ANGELES, Mar. 20, 2025 - JLL Capital Markets announced today that it has arranged $27.5 million in construction financing for Mesa Linda Logistics Center, a 408,997-square-foot industrial warehouse and distribution facilit  more

$49M residential transformation arranged for Amway South Campus in Buena Park
CHICAGO, Illinois, March 20 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $49M residential transformation arranged for Amway South Campus in Buena Park ORANGE COUNTY, Calif., Mar. 20, 2025 - JLL Capital Markets announced today that it has secured a $49 million financing for Amway South Campus Sale-Leaseback, a 13.75-acre property located in Buena Park, California. JLL worked on behalf of the borrow  more

$55M secured in financing for luxury townhome development in Deerfield, Illinois
CHICAGO, Illinois, March 20 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * $55M secured in financing for luxury townhome development in Deerfield, Illinois CHICAGO, Mar. 20, 2025 - JLL Capital Markets announced today that it has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit core BTR development located at 5 Parkway   more

Allstate Survey: Americans Express Growing Concern About Their Personal Info at Tax Time - Why Identity Protection May Offer the Best Safeguards
NORTHBROOK, Illinois, March 21 -- Allstate, a property and casualty insurance company, issued the following news release: * * * Allstate survey: Americans express growing concern about their personal info at tax time - why identity protection may offer the best safeguards * Allstate Identity Protection survey finds nearly two-thirds (64%) of Americans are concerned scammers will steal their personal information to file a tax return and pocket the refund. * Allstate Identity Protection guaran  more

Allstate: February 2025 Monthly Release
NORTHBROOK, Illinois, March 21 -- Allstate, a property and casualty insurance company, issued the following news release: * * * February 2025 Monthly Release NORTHBROOK, Ill., March 20, 2025 - The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of February of $92 million or $73 million, after-tax. Total catastrophe losses for February year-to-date were $1.17 billion or $922 million, after-tax. Allstate Protection policies in force are as follows:   more

Class A rental building in prime Brooklyn neighborhood trades for $68.5M
CHICAGO, Illinois, March 20 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * Class A rental building in prime Brooklyn neighborhood trades for $68.5M NEW YORK, Mar. 20, 2025 - JLL Capital Markets announced today it has arranged the $68.5 million sale and $44.525 million financing for 237 11th St., a 12-story Class A mixed-use multi-housing and retail property in the Gowanus neighborhood of Brooklyn, New  more

Fordham Law School: Allison Mahoney '11 Launches Trauma-Informed Law Firm for Survivors of Abuse
BRONX, New York, March 20 -- Fordham University School of Law issued the following news: * * * Allison Mahoney '11 Launches Trauma-Informed Law Firm for Survivors of Abuse By Anna Currell In December 2022, Fordham Law alumna Allison Mahoney '11 launched a trauma-informed firm that represents survivors of abuse and civil rights violations in Colorado, Illinois, and New York. The firm, ALM Law, specializes in campus dating violence, sexual assault, cyber sexual abuse, domestic violence, and   more

GE HealthCare launches AI-driven, patient-friendlyInvenia ABUS Premium to accelerate scanning anddrive early cancer detection in dense breasts...
CHICAGO, Illinois, March 20 [Category: Health Care] -- G.E. HealthCare posted the following news release: * * * GE HealthCare launches AI-driven, patient-friendlyInvenia ABUS Premium to accelerate scanning anddrive early cancer detection in dense breasts... * The latest Invenia ABUS is designed to deliver optimal outcomes with its innovative, patient-friendly, and efficient AI-driven technology * Invenia ABUS Premium features new integrated Verisound AI and AI Assistant, which ensure fast  more

Governor Pritzker Announces $57 Million in Grant Awards Through the Climate and Equitable Jobs Act
SPRINGFIELD, Illinois, March 20 -- Gov. JB Pritzker, D-Illinois, issued the following news release: * * * Governor Pritzker Announces $57 Million in Grant Awards Through the Climate and Equitable Jobs Act Grant funding will bolster a diverse workforce in the clean energy industry CHICAGO - Today, Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced 88 awards totaling $57 million through the Community Solar Energy Sovereignty Grant Program ($  more

Maison Metier and The Barnett Join World of Hyatt Loyalty Program
CHICAGO, Illinois, March 20 [Category: BizTravel] -- Hyatt Hotels Corp., a hospitality company, issued the following news release: * * * Maison Metier and The Barnett Join World of Hyatt Loyalty Program World of Hyatt expands their presence in New Orleans with two iconic properties We're thrilled to grow our presence in New Orleans, a city known for its rich culture and vibrant history," said Katie Johnson, global brand leader, Hyatt Luxury & Collection Brands. "These two unique downtown pr  more

MVP, Champion Forward Founder Ben Zobrist Speaks at Olivet
BOURBONNAIS, Illinois, March 20 -- Olivet Nazarene University posted the following news: * * * MVP, Champion Forward Founder Ben Zobrist Speaks at Olivet Typically, speakers who grace the stage at Centennial Chapel stand behind the pulpit, or pace back and forth while speaking. But Ben Zobrist took a different position--dropping to one knee, bowing his head and leading the room in prayer. Zobrist shared that he tried to start every day with kneeling prayer straight out of bed, but had missed   more

New function discovered for protein important in leukemia
EVANSTON, Illinois, March 20 -- Northwestern University posted the following news release: * * * New function discovered for protein important in leukemia * The protein (Exportin-1) is often found in high levels in patients with leukemia, other cancers * Protein was previously known to move materials out of a cell's nucleus * New findings suggest protein may also stimulate transcription, which if hijacked, could contribute to abnormal cell division (cancer) * Future anti-cancer ther  more

Northwestern School of Medicine: Investigating the 'Glue' That Holds Cells Together
CHICAGO, Illinois, March 21 -- Northwestern University Feinberg School of Medicine issued the following news release: * * * Investigating the 'Glue' that Holds Cells Together Northwestern Medicine investigators have uncovered new insights into how intercellular "glue" functions to enable interactions between cells, as detailed in a study published in Nature Communications. In order to communicate and transfer cellular cargo, cells within tissues can link together by fusing their cytoskeleton  more

Study suggests racial bias in Angel Reese-Caitlin Clark debate, examines how social media is changing the game
HOUSTON, Texas, March 20 -- Rice University posted the following news release: * * * Study suggests racial bias in Angel Reese-Caitlin Clark debate, examines how social media is changing the game With March Madness just around the corner, the spotlight is once again on college basketball -- and with it, the conversations around race, competition and media narratives in sports. A newly published study from Rice University and the University of Illinois Chicago takes a data-driven look at one  more

WIU Board of Trustees Action
MACOMB, Illinois, March 21 -- Western Illinois University issued the following news release: * * * WIU Board of Trustees Action MACOMB, IL - - The Western Illinois University Board of Trustees approved the contract of President Dr. Kristi Mindrup at the March 20 meeting. President Mindrup's contract will run through June 30, 2027. At the meeting, the Board voted to increase tuition by 2% for new undergraduate and graduate students, as well as the University Housing and Dining rate by 5.02%.   more