Reagan Pratt, a highly experienced senior executive in the commercial real estate industry for over 30 years, has been appointed as the Douglas and Cynthia Crocker Endowed Director of The Real Estate Center at DePaul University. In this role, Pratt will be responsible for expanding and strengthening The Center’s presence by engaging with real estate professionals in Chicago and nationwide. Additionally, he will join DePaul’s faculty to teach courses focused on finance, capital markets, and investments.
Bali Kumar , COO of PACE Loan Group , has been elected as Board Chair for the Minnesota Climate Innovation Finance Authority (MNCIFA). This organization was established by several bills passed during the 2023 session of the Minnesota Legislature to promote clean energy technology initiatives and reduce greenhouse gas emissions throughout the state.
Spark , an environmental branding firm based in Chicago, has welcomed Zak Jacobs to their team. With his extensive experience and strategic insights, Jacobs will enhance Spark’s capabilities in commercial staging services such as office spaces designations including amenity areas; greenery installations; seasonal displays; among others.
Bank of America is anticipating a record-breaking turnout for their annual Bank of America Chicago Marathon event scheduled for October 2024. Over 50,o00 participants are expected to complete this race through Grant Park next year. Since its inception in 2002,the Charity Program associated with this marathon event has raised more than $322 million globally towards various causes – setting a new record high last year at $30.4 million.
Two prominent food retail brands headquartered out of Chicago – Foxtrot Market & Dom’s Kitchen & Market- have announced plans to merge under one entity named Outfox Hospitality after finalizing their deal closure process . Liz Williams from Foxtrot is set take charge as CEO while Don Fitzgerald from Dom’s would serve initially transitionally period before taking up full-time responsibilities serving both companies simultaneously .
Willow Bridge Property Company recently received recognition at NAIOP Chicago’s 36th Annual Awards for Excellence where their residential development, Domain CityGate , was awarded Multifamily Development of the Year. Located at 2132 City Gate Lane in Naperville, Illinois; this apartment community comprises of 285 units and was completed last year.
Second Century Ventures (SCV), a strategic investment arm under the National Association of Realtors headquartered in Chicago, has begun accepting applications today for its U.S. REACH technology growth program scheduled to take place in 2024 . SCV operates this program across North & South America; Europe ; Australia and Asia-Pacific regions with an aim to promote real estate technology advancements globally.
