DOCSLIB.ORG

Office 4Q17.Indd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Office 4Q17.Indd Metropolitan Chicago Market Review Offi ce Market Review Year-End 2017 To our valued customers, partners and future clients… There is a lot of speculation about the true value of Bitcoin and other digital currencies, but the past few years have made it clear that the real currency of the future is data. The so-called “FANG” companies – Facebook, Amazon, Netflix and Google – all rely on data and demographic information to inform everything they do. With the advent of voice-activated devices like Alexa and Google Home and the proliferation of GPS-enabled smartphones, companies are selling convenience, but what they’re getting is information. Location, preferences, habits, interests, hobbies. They know when you need to order more laundry detergent, when you’re considering buying a car, whether you’ve had a baby and what kind of entertainment you enjoy. Science fiction author Arthur C. Clarke once wrote that “Any sufficiently advanced technology is indistinguishable from magic.” Target knows - based on what I’ve bought in the past - what I’m likely to need in the future, and when I’ll need it. I could swear that sometimes online ads are reading my mind. I don’t mean to sound paranoid or ungrateful. Data algorithms brought us “Stranger Things,” and I love that show. Past behavior and circumstances are key determinants of our future activity, and real estate is no different. Demographics and data are the components that drive companies to make sound business decisions. While construction outpaced absorption in Chicago’s industrial markets last year, continued positive absorption across overall office and industrial markets is the lasting legacy of 2017. Accessing and understanding the drivers of our market are important to understanding the ongoing tug-of-war between supply and demand. We are pleased to present our summary and analysis of 2017’s market activity, and are always available to provide the information to help you with your next decision. Regards, Table of Contents NAI Hiffman Metropolitan Chicago Offi ce Market Review Year-End 2017 04 Economic Overview 07 Office Statistics 08 Suburban Office Summary 10 North Suburban 12 Northwest Suburban 14 O’Hare 16 East-West Corridor 18 I-55 Corridor 20 Downtown Office Summary 22 West Loop 24 Central Loop 26 East Loop 28 North Michigan Avenue 30 River North 32 NAI Global/Methodology 34 NAI Hiffman Fourth Quarter 2017 Economic Overview Global Economy U.S. Dollar Index • The global economy is regaining momentum, reflecting improvement in both the advanced 150 and developing nations. Inflation in the advanced economies slowed sharply in 2015, but has picked-up since the oil price rebound that began in early 2016. However, it is unlikely 120 to reaccelerate further next year as oil prices continue to trend sideways. • Global growth reached a stronger-than- 90 expected 3 percent in 2017—a notable recovery ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 U.S. Dollar U.S. Recession Period from a post-crisis low of 2.4 percent in 2016. The substantial improvement reflected an Source: Board of Governors of the Federal Reserve System investment-led pickup in advanced economies and a growth acceleration in emerging market U.S. GDP Change by Quarter and developing economies. The World Bank 6.0 forecasts global economic growth to edge up to 3.1 percent in 2018. 4.0 3.1% 3.2% 2.6% • Economists forecast 2018 to be on track to be 2.0 1.8% the first year since the financial crisis that the 1.2% global economy will be operating at or near full 0 capacity. -2.0 -4.0 U.S. Economy 4Q 2016 1Q 2017 2Q 2017 3Q 2017 4Q 2017 2017 IMF Projection GDP Growth (%) Source: U.S. Bureau of Economic Analysis • The U.S. economic outlook is healthy according to the key economic indicators. The most critical Crude Oil Prices indicator is the gross domestic product, which 160 measures the nation's production output. The New York Federal Reserve estimated U.S. gross domestic product growth for the fourth quarter of 2017 near 120 4 percent, based on revisions of prior data that suggested stronger economic activities. 80 • The U.S. manufacturing sector is primed for another year of growth in 2018. The Institute for Supply 40 Management's PMI registered 59.7 percent in December, an increase of 1.5 percentage points 0 over the November reading of 58.2 percent. Of the ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 18 manufacturing industries, 16 reported growth in Dollars per Barrel Source: U.S. Energy Information Administration December. • The U.S. unemployment rate dipped slightly to 4.1 percent at the end of December, from the 4.2 percent reported third quarter. The jobless rate fell to the lowest levels since records began in 1976 in Hawaii, Mississippi and California. The rate in Hawaii was 2.0 percent, while Mississippi's dropped to 4.6 percent and California's declined to 4.3 percent. 4.8% 4.8% 4.1% CHICAGO METRO ILLINOIS UNITED STATES UNEMPLOYMENT UNEMPLOYMENT UNEMPLOYMENT Local Economy • According to the Bureau of Labor Statistics, the Chicago unemployment rate measured 4.8 percent in December, S&P/Case-Shiller Home Price Index 70 basis points lower than the recorded unemployment 250 rate of 5.5 percent during the same time period last year. The Chicago economy has expanded by an estimated 14,845 jobs year-over-year. This growth is driven by 200 gains in the financial services and education and health services sectors. • The Midwest Economy Index (MEI) measured 0.22 in 150 November, up significantly over the -0.01 recorded last year at this time. The MEI measures growth in nonfarm business activity from four broad sectors of the 100 Midwest economy: 1) manufacturing, 2) construction ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 Chicago Home Price Index 10-City Composite Home Price Index and mining, 3) services, and 4) consumer spending. Source: S&P Dow Jones Indices • Chicago’s July 2017 home price level recorded a 4.15 percent year-over-year increase according to the S&P S&P 500 Index CoreLogic Case-Shiller home price index. This rate is lower than the 10-City and 20-City Composites’ 2,500 respective 6.02 and 6.38 percent growth rates. • According to the National Association of Realtors, the 2,000 Chicago-area housing market is expected to be the weakest of any of the nation's 100 largest metropolitan areas during 2017. The prices of homes throughout the 1,500 Chicago metropolitan area are expected to climb just 1.95 percent, and sales of new and existing homes are expected to increase 2.27 percent. Nationally, home 1,000 prices are anticipated to climb 3.9 percent and home sales are predicted to rise 2.6 percent 500 • The Consumer Price Index for All Urban Consumers ‘00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 (CPI-U) in the Chicago area increased by 1.7 percent Source: S&P Dow Jones Indices in December over the amount recorded for December of last year. Over the year energy costs rose 7.4 percent, primarily due to an increase in gasoline prices. For the same period, the food index increased 0.8 percent. POPULATION (2015 CENSUS EST.) 12,859,995 GROSS METRO PRODUCT (2016) $791.6 BILLION POPULATION CHANGE (2000-2015) +3.5% EMPLOYMENT - NONFARM (2016) 6,029,400 MEDIAN HOUSEHOLD INCOME (2015) $60,413 JOBS GAINED (4Q 2016-4Q 2017) 13,900 5 Kenosha Regional Airport Chicago Offi ce Markets Waukegan Regional Airport OFFICE MARKET OVERVIEWS Fox Lake North Suburban. 10 Gurnee Waukegan Northwest Suburban . 12 McHenry Grayslake O’Hare . 14 94 East-West Corridor . .16 I-55 Corridor . .18 Libertyville West Loop. 22 Crystal Lake North Central Loop . 24 Vernon Hills Lake Forest Suburban East Loop . .26 Lake Zurich North Michigan Avenue . 28 Buffalo Highland Park Grove River North . 30 Deerfield Northwest Northbrook Suburban Chicago Executive Dundee Airport 94 Glenview Arlington 294 90 Heights Evanston Elgin Schaumburg Niles Skokie South Elgin O’HareOhare Int'l AirportArea Dupage Franklin Park 90 Airport Addison 290 St Charles 94 355 Carol Stream CBD (Central Business District) Lombard 290 Chicago 90 41 Chicago Oak St 94 Midway Airport 171 East-West Chicago Ave 294 North Aurora 90 88 55 41 CorridorDowners River North Westmont Chicago Midway Grove Ohio43 St 12 North Michigan12 State St Airport Michigan Ave Naperville Burr 20 Avenue20 Aurora Ridge Kinzie St Oak 90 Lawn Wack Darien 57 er Dr I-55 50 94 9483 East Loop 90 Corridor Randolph St Bolingbrook West Central 294 Loop Loop Halsted St 57 Carpenter St Harvey Michigan Ave 355 Dr Wacker 94 Wells St Wells 6 Romeoville 290 Congress Pky 55 294 80 Gary/Chicago A Offi ce Market Statistics Fourth Quarter 2017 Market/Market/ TotalTotal RBA RBA DirectDirect SubleaseSublease TotalTotal TotalTotal 1Q 20174Q 2017 Net Net TotalTotal 2017 2017 4Q 20171Q 2017Under UnderNew Leasing Asking Rental SubmarketSubmarket (SF)(SF) VacancyVacancy VacancyVacancy VacancyVacancy AvailableAvailable AbsorptionAbsorption (SF) (SF) AbsorptionAbsorption (SF) (SF Constr.Constr. (SF) Activity(SF) (SF) Rates (PSF) North Suburban 30,080,709 17.17% 1.11% 18.27% 24.31% 41,558 -358,221 0 345,408 Class “A” 17,494,223 18.96% 1.53% 20.49% 26.88% -7,845 -268,851 0 $27.91 Class “B” 9,762,923 14.79% 0.66% 15.45% 21.45% 38,224 -100,902 0 $21.09 Class “C” 2,870,563 14.35% 0.07% 14.41% 18.37% 11,179 11,532 0 $18.22 Northwest Suburban 35,797,231 24.74% 0.72% 25.46% 29.34% 96,877 -35,455 0 381,281 Class “A” 19,033,424 26.39% 0.85% 27.24% 31.67% 121,265 -2,862 0 $24.26 Class “B” 13,828,769 24.64% 0.39% 25.03%
Load more

Recommended publications
  • Thompson Center, Thompson Center Name of Multiple Property Listing N/A (Enter "N/A" If Property Is Not Part of a Multiple Property Listing)
    NPS Form 10900 OMB No. 10240018 United States Department of the Interior National Park Service National Register of Historic Places Registration Form This form is for use in nominating or requesting determinations for individual properties and districts. See instructions in National Register Bulletin, How to Complete the National Register of Historic Places Registration Form. If any item does not apply to the property being documented, enter "N/A" for "not applicable." For functions, architectural classification, materials, and areas of significance, enter only categories and subcategories from the instructions. Place additional certification comments, entries, and narrative items on continuation sheets if needed (NPS Form 10-900a). 1. Name of Property historic name State of Illinois Center other names/site number James R. Thompson Center, Thompson Center Name of Multiple Property Listing N/A (Enter "N/A" if property is not part of a multiple property listing) 2. Location street & number 100 West Randolph Street not for publication city or town Chicago vicinity state Illinois county Cook zip code 60601 3. State/Federal Agency Certification As the designated authority under the National Historic Preservation Act, as amended, I hereby certify that this nomination request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meets the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the property meets does not meet the National Register Criteria. I recommend that this property be considered significant at the following level(s) of significance: national statewide local Applicable National Register Criteria: A B C D Signature of certifying official/Title: Deputy State Historic Preservation Officer Date Illinois Department of Natural Resources - SHPO State or Federal agency/bureau or Tribal Government In my opinion, the property meets does not meet the National Register criteria.
    [Show full text]
  • Les Numéros En Bleu Renvoient Aux Cartes
    276 Index Les numéros en bleu renvoient aux cartes. 10 South LaSalle 98 American Writers Museum 68 35 East Wacker 88 Antiquités 170, 211 55 West Monroe Building 96 Aon Center 106 57th Street Beach 226 Apollo Theater 216 63rd Street Beach 226 Apple Michigan Avenue 134 75 East Wacker Drive 88 Aqua Tower 108 77 West Wacker Drive 88 Archbishop Quigley Preparatory Seminary 161 79 East Cedar Street 189 Architecture 44 120 North LaSalle 98 Archway Amoco Gas Station 197 150 North Riverside 87 Argent 264 181 West Madison Street 98 Arrivée 256 190 South LaSalle 98 Arthur Heurtley House 236 225 West Wacker Drive 87 Articles de voyage 145 300 North LaSalle Drive 156 Art Institute of Chicago 112 311 South Wacker Drive Building 83 Artisanat 78 321 North Clark 156 Art on theMART 159 A 325 North Wells 159 Art public 49 330 North Wabash 155 Arts and Science of the Ancient World: 333 North Michigan Avenue 68 Flight of Daedalus and Icarus 98 333 West Wacker Drive 87 Arts de la scène 40 360 CHICAGO 138 Astor Court 190 INDEX 360 North Michigan Avenue 68 Astor Street 189 400 Lake Shore Drive 158 AT&T Plaza 118 515 North State Building 160 Atwood Sphere 127 543-545 North Michigan Avenue 134 Auditorium Building 73 606, The 233 Auditorium Theatre 80 646 North Michigan Avenue 134 Autocar 258 730 North Michigan Avenue Building 137 Avion 256 860-880 North Lake Shore Drive 178 Axis Apartments & Lofts 179 875 North Michigan Avenue 138 900 North Michigan Shops 139 919 North Michigan Avenue 139 B 1211 North LaSalle Street 192 Baha’i House of Worship 247 1260 North Astor
    [Show full text]
  • Of Quantities
    MODULE 5 DESCRIBING VARIABILITY OF QUANTITIES The lessons in this module build on the data displays that you have used in elementary school, namely line plots, bar graphs, and circle graphs. You will be introduced to the fi eld of statistics, the study of data, and the statistical problem-solving process. You will calculate numerical summaries to describe a data set. You will also learn what separates mathematical and statistical reasoning—the presence of variability. Topic 1 The Statistical Process M5-3 Topic 2 Numerical Summaries of Data M5-67 CC01_SE_M05_INTRO.indd01_SE_M05_INTRO.indd 1 11/12/19/12/19 88:17:17 PMPM CC01_SE_M05_INTRO.indd01_SE_M05_INTRO.indd 2 11/12/19/12/19 88:17:17 PMPM TOPIC 1 The Statistical Process On average, one out of every 25 sheep has black wool. A quick way to estimate the size of a fl ock of sheep is to count the black sheep and multiply by 25. Lesson 1 What's Your Question? Understanding the Statistical Process . M5-7 Lesson 2 Get in Shape Analyzing Numerical Data Displays . M5-25 Lesson 3 Skyscrapers Using Histograms to Display Data . M5-47 CC01_SE_M05_T01_INTRO.indd01_SE_M05_T01_INTRO.indd 3 11/12/19/12/19 88:17:17 PMPM CC01_SE_M05_T01_INTRO.indd01_SE_M05_T01_INTRO.indd 4 11/12/19/12/19 88:17:17 PMPM Carnegie Learning Family Guide Course 1 Module 5: Describing Variability of Quantities TOPIC 1: THE STATISTICAL Where have we been? PROCESS In grade 1, students were expected to In this topic, students are introduced to organize, represent, and interpret data with the statistical problem-solving process: up to three categories.
    [Show full text]
  • 2017 Audited Financial Statements
    Consolidated Financial Statements (and Supplementary Information) and Report of Independent Certified Public Accountants Robert R. McCormick Foundations December 31, 2017 and 2016 Contents Page Report of Independent Certified Public Accountants 3 Consolidated Financial Statements Statements of financial position 5 Statements of activities 6 Statements of cash flows 7 Notes to consolidated financial statements 8 Supplementary Information Schedule of grant approvals 23 Consolidating statements of financial position 24 Consolidating statements of activities 26 Grant Thornton LLP Grant Thornton Tower 171 N. Clark Street, Suite 200 Chicago, IL 60601-3370 REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS T +1 312 856 0200 F +1 312 565 4719 grantthornton.com Boards of Directors Robert R. McCormick Foundation Cantigny Foundation We have audited the accompanying consolidated financial statements of the Robert R. McCormick Foundations, which comprise the consolidated statements of financial position as of December 31, 2017 and 2016, and the related consolidated statements of activities and cash flows for the years then ended, and the related notes to the financial statements. Management’s responsibility for the financial statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America.
    [Show full text]
  • Catholic United Investment Trust Annual Report
    CATHOLIC UNITED INVESTMENT TRUST ANNUAL REPORT (AUDITED) DECEMBER 31, 2016 CATHOLIC UNITED INVESTMENT TRUST TABLE OF CONTENTS Page REPORT OF INDEPENDENT AUDITORS 1-2 Statement of Assets and Liabilities 3-4 Schedule of Investments: Money Market Fund 5-7 Short Bond Fund 8-10 Intermediate Diversified Bond Fund 11-20 Opportunistic Bond Fund 21-26 Balanced Fund 27-37 Value Equity Fund 38-40 Core Equity Index Fund 41-47 Growth Fund 48-51 International Equity Fund 52-55 Small Capitalization Equity Index Fund 56-71 Statements of Operations 72-74 Statements of Changes in Net Assets 75-77 FINANCIAL HIGHLIGHTS 78-80 NOTES TO FINANCIAL STATEMENTS 81-96 Grant Thornton LLP Grant Thornton Tower 171 N. Clark Street, Suite 200 Chicago, IL 60601-3370 REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS T +1 312 856 0200 F +1 312 565 4719 grantthornton.com To the Members of the Board of Trustees And Unitholders of the Catholic United Investment Trust We have audited the accompanying financial statements of the Catholic United Investment Trust, including the Money Market Fund, Short Bond Fund, Intermediate Diversified Bond Fund, Opportunistic Bond Fund, Balanced Fund, Value Equity Fund, Core Equity Index Fund, Growth Fund, International Equity Fund, and Small Capitalization Equity Index Fund, (collectively, the Funds), which comprise the statements of assets and liabilities, including the schedules of investments, as of December 31, 2016, and the related statements of operations, changes in net assets, and financial highlights for the year then ended, and the related notes to the financial statements. The accompanying statements of operations and changes in net assets for the year ended December 31, 2015, and financial highlights for the years ended December 31, 2015, 2014, 2013 and 2012, were audited by other auditors whose report thereon dated March 8, 2016, expressed an unqualified opinion on the financial statements and financial highlights.
    [Show full text]
  • FOR EVERY the COMMON PERSON&GOOD Overview of the Y in the United States YMCA of the USA STRENGTHENING COMMUNITY IS OUR
    FOR EVERY THE COMMON PERSON&GOOD Overview of the Y in the United States YMCA OF THE USA STRENGTHENING COMMUNITY IS OUR The nation’s 2,700 YMCAs serve 22 million people in 10,000 communities and are spread across all 50 states, plus the District of Columbia and Puerto Rico. STRENGTHENING COMMUNITY IS OUR CAUSE The Y is the nation’s leading nonprofit committed to strengthening community through youth development, healthy living and social responsibility. We believe strong communities are possible only when we invest in our kids, our health and our neighbors. Across the country, people are concerned about the quality of life in their communities. Issues such as unemployment, chronic disease, educational disparities, poverty, negative youth behaviors and stress on families affect the strength of communities. To bring about meaningful change, individuals need ongoing support, encouragement and connections to others—all of which the Y provides in abundance. The Y has the long-standing track record and on-the-ground presence necessary to address the nation’s most pressing social issues related to youth, health and community life. With a mission to put Christian principles into practice through programs that build healthy spirit, mind and body for all, we work side-by-side with our neighbors to make sure everyone, regardless of age, income or background, has the opportunity to learn, grow and thrive. ©Jacob Wackerhausen/Monkey Business/iStock/Thinkstock OUR AREAS OF FOCUS YOUTH DEVELOPMENT Nurturing the potential of every child and teen The Y believes all kids have great potential and deserve PROGRAM HIGHLIGHTS the opportunity to discover who they are and what they • Camp—Exciting, safe communities for young people to can achieve.
    [Show full text]
  • 2017 ANNUAL REPORT the Road to Financial Wellness MISSION STATEMENT for the Support of Ministry
    2017 ANNUAL REPORT The Road to Financial Wellness MISSION STATEMENT For the Support of Ministry VISION STATEMENT Stone-Campbell pastors and lay employees will enjoy a , and retirement. CORE VALUES INTEGRITY: the quality of being honest, making membership-oriented decisions SECURITY: the state of stability, providing freedom from worry or fear COMPASSION: the ability to help others in times of need or distress Matthew 25:20-21: “The one given five thousand dollars showed him how he had doubled his investment. His master commended him: ‘Good work! You did your job well. From now on be my partner.’” CONTENTS PRESIDENT’S MESSAGE 4 FINANCIAL REPORT 7 EXCELLENCE IN MINISTRY 13 MINISTERIAL RELIEF & ASSISTANCE 17 HIGHLIGHTS, BOARD & STAFF 20 PENSION FUND GIFTS HONOR ROLL 25 PRESIDENT’S MESSAGE “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us…” – Charles Dickens, A Tale of Two Cities In 2017, Pension Fund experienced the best of times and the worst of times. The worst of times was when we learned that our data had been breached— unchartered territory for our organization. But, amid this season of darkness, there was also the season of light! Today, we are stronger, we are smarter, and we are more secure.
    [Show full text]
  • 20181019 FY18 UWMC AFS.Docx
    CONSOLIDATED FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS AND SINGLE AUDIT REPORTS UNITED WAY OF METROPOLITAN CHICAGO, INC. June 30, 2018 and 2017 C O N T E N T S Page REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 3 CONSOLIDATED FINANCIAL STATEMENTS STATEMENTS OF FINANCIAL POSITION 5 STATEMENTS OF ACTIVITIES 6 STATEMENTS OF CASH FLOWS 8 STATEMENTS OF FUNCTIONAL EXPENSES 9 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 10 SUPPLEMENTARY INFORMATION 32 CONSOLIDATING STATEMENT OF FINANCIAL POSITION 33 CONSOLIDATING STATEMENT OF ACTIVITIES 34 SINGLE AUDIT REPORTS 35 REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS REQUIRED BY GOVERNMENT AUDITING STANDARDS 36 REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE 38 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 41 NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 42 SCHEDULE OF FINDINGS AND QUESTIONED COSTS 43 Grant Thornton LLP REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS Grant Thornton Tower 171 N. Clark Street, Suite 200 Chicago, IL 60601-3370 T +1 312 856 0200 F +1 312 565 4719 Board of Directors grantthornton.com United Way of Metropolitan Chicago, Inc. Report on the financial statements We have audited the accompanying consolidated financial statements of United Way of Metropolitan Chicago, Inc. (the “Organization”), which comprise the consolidated statements of financial position as of June 30, 2018 and 2017, and the related consolidated statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the financial statements.
    [Show full text]
  • Improving Understanding of City Spaces for Tourism Applications
    buildings Article Improving Understanding of City Spaces for Tourism Applications Kheir Al-Kodmany Department of Urban Planning and Policy, College of Urban Planning and Public Affairs, University of Illinois at Chicago, Chicago, IL 60607, USA; [email protected] Received: 25 June 2019; Accepted: 12 August 2019; Published: 15 August 2019 Abstract: This paper explores a blend of digital and traditional methods to inform about a city’s popular spaces. Using locational data from social media platforms including Twitter, Facebook, and Instagram, along with using participatory field surveys and direct observations and combining insights from architecture and urban design literature, this study reveals popular socio-spatial clusters in the city of Chicago. The locational data of photographs were visualized by using geographic information systems, and they helped in producing heat maps that showed the spatial distribution of posted photographs. The geo-intensity of photographs illustrated the areas that are the most visited in the city. The study’s results indicate that the city’s most popular places include Millennium Park, Maggie Daley Park, Navy Pier, the Magnificent Mile Gateway, the Inner Loop, the Water Tower Area, the River Confluence, Museum Campus, Urban Giants, Grant Park, and the River City complex. The findings elucidate that social media plays an important role in promoting places and thereby sustaining a greater interest and stream of visitors. Consequently, planners should tap into the public’s digital engagement in city places to improve tourism and the economy. Keywords: social media; digital photographs; big data; spatial perception; city life; tourism 1. Introduction 1.1. Goals and Scope of Work The presented study aims to explore combinations of research methods for information about the evaluative image of a city.
    [Show full text]
  • List of OPEB Actuaries (PDF)
    List of OPEB Actuaries The consulting actuarial firms listed here declared themselves able to provide OPEB valuations for California public agencies which meet the criteria specified in the CERBT participation agreement. CalPERS does not warrant or endorse the work of any consulting actuary or group of consulting actuaries. Actuaries who wish to be included in the list should contact us at [email protected] Contact Name Firm Name Street Address City/State/Zip Telephone Cell phone Fax Email Marv Paull Actuarial & Financial Consulting 23905 Clinton Keith Road, #114-241 Wildomar, CA 92595 (951) 458-9050 (909) 238-9200 [email protected] Molly McGee, ASA, EA, MAAA Actuarial Retirement Consulting, LLC 8155 SW Canyon Rd Portland, OR 97225 (503) 523-8944 [email protected] Anil Kochbar Aon Consulting 199 Fremont Street San Francisco CA 94105 (415) 486-7026 (415) 260-6313 (415) 486-7026 [email protected] Bradley Au Aon Consulting 707 Wilshire Blvd., Suite 5700 Los Angeles, CA 90017 (213) 996-1729 (310) 344-2915 (213) 996-1729 [email protected] Adrienne Ostroff Athena Actuarial Consulting 9217 College Way N Seattle, WA 98103 (612) 605-1812 (215) 237-4397 [email protected] Joe D'Onofrio Bartel Associates, LLC 411 Borel Avenue, Ste. 101 San Mateo, CA 94402 (650) 377-1610 (650) 345-8057 [email protected] John E. Bartel Bartel Associates, LLC 411 Borel Avenue, Ste. 101 San Mateo, CA 94402 (650) 377-1601 (415) 706-6320 (650) 345-8057 [email protected] Doug Pryor Bartel Associates, LLC 411 Borel Avenue, Ste. 101 San Mateo, CA 94402 (650) 377-1602 (650) 345-8057 [email protected] Marilyn Oliver Bartel Associates, LLC 411 Borel Avenue, Ste.
    [Show full text]
  • Main Street Capital CORP Form 497 Filed 2017-05-10
    SECURITIES AND EXCHANGE COMMISSION FORM 497 Definitive materials filed under paragraph (a), (b), (c), (d), (e) or (f) of Securities Act Rule 497 Filing Date: 2017-05-10 SEC Accession No. 0001047469-17-003326 (HTML Version on secdatabase.com) FILER Main Street Capital CORP Mailing Address Business Address 1300 POST OAK 1300 POST OAK CIK:1396440| IRS No.: 412230745 | State of Incorp.:MD | Fiscal Year End: 1231 BOULEVARD BOULEVARD Type: 497 | Act: 33 | File No.: 333-203147 | Film No.: 17831657 SUITE 800 SUITE 800 HOUSTON TX 77056 HOUSTON TX 77056 (713) 350-6000 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Use these links to rapidly review the document TABLE OF CONTENTS TABLE OF CONTENTS INDEX TO FINANCIAL STATEMENTS Table of Contents Filed Pursuant to Rule 497 Registration Statement No. 333-203147 PROSPECTUS SUPPLEMENT (to Prospectus dated April 26, 2017) Up to 4,500,000 Shares Common Stock We have entered into separate equity distribution agreements, each dated May 10, 2017, with Goldman Sachs & Co. LLC, Raymond James & Associates, Inc., RBC Capital Markets, LLC, Robert W. Baird & Co. Incorporated and BB&T Capital Markets, a division of BB&T Securities, LLC, each a "Sales Agent" and, collectively, the "Sales Agents," relating to the shares of common stock offered by this prospectus supplement and the accompanying prospectus. The equity distribution agreements provide that we may offer and sell up to 4,500,000 shares of our common stock from time to time through the Sales Agents. Sales of our common stock, if any, under this prospectus supplement and the accompanying prospectus may be made in negotiated transactions or transactions that are deemed to be "at the market," as defined in Rule 415 under the Securities Act of 1933, as amended, including sales made directly on the New York Stock Exchange ("NYSE") or similar securities exchange or sales made to or through a market maker other than on an exchange, at prices related to the prevailing market prices or at negotiated prices.
    [Show full text]