The Real Deal

Water treatment chemicals maker Usalco has acquired SENTRY, a company whose technology provides real-time biological data on wastewater treatment processes. The deal brings live biological monitoring into Usalco's wastewater platform, allowing plant operators to track microbial activity as it happens rather than relying on periodic lab testing, and strengthens Usalco's position in data-driven water treatment.

Homebuyers in Toronto are abandoning property purchases and in some cases being sued as a result. Commentary from Canadian real estate voices is drawing attention to the legal and financial risks buyers take on when they back out of a signed deal, particularly in a cooling market where walking away may feel preferable to closing on an overpriced home.

Brokerage Marcus & Millichap has completed the sale of a retail portfolio in La Grange valued at $6.3 million. The transaction was reported by regional commercial real estate outlet REJournals. The buyer, seller and specific properties involved have not been disclosed. The deal adds to activity in the suburban Chicago retail property market, where investors continue to trade neighborhood shopping assets.