Vinayaka Hospitality closed on a sale this week to acquire Westin Michigan Avenue Chicago thanks to a $54 million loan.

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Local officials and business owners express concerns about traffic congestion and emergency vehicle access in the $30 million MDOT project planned for 2026.

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The current plan would remove 5 feet of drivable roadway, reducing it from four lanes to two lanes with a single shared center turn lane.

The $8 million project, Brick Row, is expected to modernize one of the last remaining areas of the Stadium District that hasn ...

Black designers are getting the spotlight this weekend at Chicago's Michigan Avenue H&M. The big picture: The Style Shop, ...

Draper and Kramer, Incorporated announced that Mark Perkowski, senior vice president with Draper and Kramer’s Commercial Finance Group, arranged a $54 million loan on behalf of Vinayaka Hospitality ...

CHICAGO — Pebblebrook Hotel Trust (NYSE: PB) has sold the 752-room Westin Michigan Avenue Chicago hotel for $72 million. Mark Perkowski of Draper and Kramer’s Commercial Finance Group arranged a $54 ...