Emma Whalen on Muck Rack

Emma Whalen

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Illinois
As seen in: The Real Deal, MSN, Yahoo Finance, U.S. News and World Report, Chron, Flipboard, San Francisco Chronicle, The Charlotte Observer, The Sacramento Bee, Houston Chronicle, Kansas City Star and
Reporter covering commercial real estate/development for @trdchicago
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Articles

Highgate Hotels sells downtown Chicago La Quinta for $31M

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By Emma Whalen 
| The Real Deal
A Loop hotel traded hands for $30.5 million last week as seller Highgate Hotels looks to offload properties in a $1.5 billion portfolio that the company took over in 2021. A venture of New York-based hospitality company Highgate and private equity firm Cerberus Capital Management acquired the CorePoint Lodging Incorporated real estate investment trust in 2021. The REIT consisted mostly of La Quinta-branded hotels with a total value of $1.5 billion.
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Chicago’s top construction permits: Week ending June 9, 2026

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By Emma Whalen , Matthew Elo
| The Real Deal
🏆 New Construction: The largest permit issued last week was a superstructure-only permit for the MLS franchise Chicago Fire Stadium, which recently broke ground. An LLC tied to the project filed plans for the $102 million development at 1331 South Wells Street. Randal Cartwright is the architect, and Pepper Construction Company is handling the contracting duties.
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Inside the deal: how R2 completed a Gold Coast condo deconversion after a Fifield tower proposal was shot down twice

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By Emma Whalen 
| The Real Deal
One developer’s fumble became another developer’s win in the Gold Coast this week. Chicago-based R2 Companies successfully completed a buyout of all 20 units at a condo building at 127 Maple Street last week after four years of negotiations, R2 Partner Zack Cupkovic confirmed. The total purchase came out to $4.7 million or about an average of $235,000 per unit, though individual condo purchases vary based on unit size and specifics.
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