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Real Estate Crain's Chicago Business

Details: Real Estate. With the market booming once again, many landlords want to cash out. The mayor wants to be rid of short-term rentals, including through Airbnb and Vrbo. Owners of second homes in the

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Residential real estate Crain's Chicago Business

Details: Residential Real Estate Trump penthouse for sale at $30 million Meet Ina Morriss Harper, the pioneering woman behind a southwest Michigan Frank Lloyd Wright gem

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Residential Real Estate Crain's Chicago Business

Details: Residential Real Estate. 45-acre estate sells for $3 million. Residential Real Estate. Historic Highland Park mansion could be torn down. Residential Real Estate. 'Empire' mansion finds a buyer

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Naperville home for sale at almost $15 million Crain's

Details: 1 day ago · Even in Hinsdale, DuPage County’s priciest real estate market, the most ever paid for a home is $7.7 million. Coldwell Banker Crain's Residential Report: Exclusive, actionable intel on the

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Lincoln Park updated condo for sale Crain's Chicago …

Details: 22 hours ago · Real Estate. Commercial real estate; Residential real estate; Before It Hits the Market; Special Reports. Crain's Forum: The Chicago Fire; Crain's Equity; The Book 2021; 20 In Their 20s; 40 Under

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U.S. household net worth hits record Crain's Chicago

Details: 7 hours ago · (Bloomberg)—U.S. household net worth surged to a fresh record in the second quarter as Americans enjoyed an ebullient stock market and the largest-ever increase in the value of their real estate

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Can Cook County Assessor Fritz Kaegi keep his outsider

Details: 1 day ago · The commercial real estate industry has lots of money and motivation to oust Kaegi. He’s sparred with business groups over his assessments, which have shifted more of the property tax burden to

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Apartment redevelopment planned in former Anixter …

Details: 1 day ago · A team of real estate developers that recently converted an old industrial building into apartments next to the planned Lincoln Yards campus on the city's North Side have purchased a building a

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Suburban Chicago real estate agencies sign with New …

Details: Gagliardo was the second deep-rooted suburban real estate firm to sign with Compass this spring. In May, the fourth-generation family members running Griffith, Grant & Lackie, founded in Lake

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Bronzeville on Chicago's South Side a hot real estate

Details: In interviews with real estate agents and developers, Crain’s tallied at least 53 more $500,000-and-up units proposed or under construction. Some postponed starting construction this spring

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Guinness brewery, office tower planned in Fulton Market

Details: Real Estate. Commercial real estate; Residential real estate; Before It Hits the Market; Special Reports. Crain's Forum: Education loss; Crain's Equity; The Book 2021; 20 In Their 20s; 40 Under 40

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Real Estate Trends Crain's Chicago Business

Details: Downtown hotels rallying in 2018. Real Estate Trends. In landlord's market, downtown apartment rents hit new high. Real Estate Trends. Commercial property values flatten out. Real Estate Trends

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Failed suburban Chicago condo project becoming apartments

Details: 23 hours ago · Real Estate. Commercial real estate; Residential real estate; Before It Hits the Market; Special Reports. Crain's Forum: The Chicago Fire; Crain's Equity; The Book 2021; 20 In Their 20s; 40 Under

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Black Panthers leader Fred Hampton's son leads effort to

Details: 1 day ago · The effort by Hampton, his mother, Akua Njeri, and others is a piece of the current movement to landmark and preserve the homes of Black historical figures in Chicago and the suburbs. Eight homes

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Commercial Real Estate Crain's Chicago Business

Details: Commercial Real Estate. Commercial Real Estate. 20 years after 9/11, a new crisis looms for Willis Tower. Commercial Real Estate. Lakefront building fetches $43 million after condos-to-apartments

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Commercial real estate Crain's Chicago Business

Details: Commercial Real Estate $1 billion data-center project planned for Elk Grove Village Prime Data Centers is buying 24 acres from the suburb to construct three buildings near a new technology park.

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Chicago-area home sales dipped in August, Illinois

Details: 2 days ago · In August, 13,204 homes sold in a nine-county Chicago area, according to trade group Illinois Realtors. That’s a decrease of 2.5%, but only from white-hot August 2020. Compared with the average

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North Chicago assessments confirm downtown landlords

Details: 2 days ago · The downtown commercial real estate market generally has flourished the past several years, so it’s perhaps not surprising that assessments would rise since the last go-around, especially for

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Event Listing Crain's Chicago Business

Details: Crain's Real Estate Forum virtual series will consist of three programs featuring discussions with iconic players in the commercial real estate on hot industry topics. These programs are must

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A conversation with Tom Bugielski, president and CEO of

Details: Jim Kirk, publisher and executive editor of Crain’s, talks with Tom Bugielski, president and CEO of Republic Bank on why he’s bullish on the Chicago economy, real estate, and the White Sox and

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New Buffalo considers ban on short-term rentals Crain's

Details: Lee said her real estate agent said the house would have gotten $100,000 more if it had a short-term rental permit. “The reality is that people who have lived here in New Buffalo, if they were

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Brookfield Asset Management cuts $1 billion warehouse deal

Details: 1 day ago · “Industrial logistics real estate continues to experience positive momentum, and now is the logical time to seek long-term capital,” Juan DeAngulo, managing Partner at Elion, said in the

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Why Chicago’s real estate boom isn’t a bubble: Crain's

Details: Real Estate. Commercial real estate; Residential real estate; Before It Hits the Market; Special Reports. Crain's Forum: Education loss; Crain's Equity; The Book 2021; 20 In Their 20s; 40 Under 40

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Roundtable on Commercial Real Estate Crain's Chicago

Details: Karl Camillucci. 312-836-4085. KARL CAMILLUCCI is a member of the public finance and economic development, real estate, land use and local government practice groups at Taft Law, a full-service

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Real Estate Forum Series Crain's Chicago Business

Details: Crain's Real Estate Forum virtual series will consist of three programs featuring discussions with iconic players in the commercial real estate on hot industry topics. These programs are must

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Fulton Market developer nears lease with McDonald's vendor

Details: 2 days ago · Havi's lease at the 584,000-square-foot building, known as Esplanade II, runs through April 2025, according to real estate information company CoStar Group. But the property's leasing team earlier

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WeWork stock to start trading in October Crain's Chicago

Details: The SPAC, BowX Acquisition Corp., currently trades at $9.99, just under the initial listing price and off its high of $13.71 in April after unveiling the merger with the New York-based real estate

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Fox Sports' Mark Silverman sells Glencoe home Crain's

Details: A Fox Sports executive sold his Glencoe home from his days running the Chicago-based Big Ten Network for over half a million dollars less than he paid. Mark Silverman, who in 2018 became president

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Sam Zell: 'We’re all going to be permanently scarred

Details: Sam Zell in May 2019. (Bloomberg)—Sam Zell, the billionaire known for buying up troubled real estate, said the coronavirus pandemic will leave the same kind of impact on the economy and society

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Holsten Real Estate Development Corp. Crain's Chicago

Details: Holsten Real Estate Development Corp. Residential Real Estate. The CHA had a grand plan for the future of public housing. Then came the bust. Commercial Real Estate. Developer seeks $12 million

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Fulton Market lease signed by food tech company Hazel

Details: Hazel Technologies leased more than 50,000 square feet at 320 N. Sangamon St., the 13-story office building completed earlier this year by a joint venture New York-based real estate firm Tishman

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West Loop office building proposed amid COVID-19 crisis

Details: Real estate firm Vista Property Group aims to develop a 15-story office building on a surface parking lot at 609 W. Randolph St., according to a newsletter from 42nd Ward Ald. Brendan Reilly. The

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Chicago has fewest houses for sale in over 13 years

Details: In real estate, inventory is a measure of how many months of sales at the current pace could be fed by the number of houses on the market. Four to six months of inventory is usually considered a

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Suburban Chicago Glenview apartments for sale Crain's

Details: Tapestry’s net operating income, a key metric used to value commercial real estate, dropped to $3.8 million in 2020, down 18 percent from $4.6 million in 2019, according to Bloomberg data

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Hyde Park landlord buys another apartment building for

Details: Antheus Capital, a New Jersey-based real estate investor, purchased the Cloisters, a 13-story, 86-unit rental building, for $23.45 million, or $272,675 per unit.

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Lakefront Glencoe mansion sells for almost $9.7 million

Details: The town’s record home price is $19.5 million, which Groupon co-founder Eric Lefkofsky paid for a 4-acre lakefront estate in August 2014. Second is $10 million, which a developer paid in

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Hilton Suites Chicago Magnificent Mile going back to

Details: A venture of Cranston, R.I.-based real estate investor Procaccianti has an agreement to transfer the 345-room Hilton Chicago Magnificent Mile Suites to a trustee for its lender through a deed-in

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Illinois marijuana cannabis weed sector can be fixed: op

Details: A flood of new business owners has created an artificial land rush—a competition for real estate and limited resources—that’s colliding with pandemic-related supply chain issues. It doesn't

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Is medical real estate immune to COVID

Details: It's a signal that health care real estate, fueled by a global health crisis, is poised to grow from a niche, defensive wager for investors spooked by a downturn into a trendy pick.

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Chicago sale-leaseback firm shelling out cash for big

Details: A Big Lots store. Oak Street Real Estate Capital reached an agreement to buy four Big Lots distribution centers as part of a $725 million sale-leaseback deal. Companies scrambling to perform some

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Redfin accused of redlining online in suit Crain's

Details: A nationwide fair housing group has sued Redfin, alleging that the online real estate marketplace unlawfully favors white consumers and neighborhoods, essentially perpetuating the discredited

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Commercial Property Freezes: ‘There’s Widespread Panic’

Details: Shares of U.S. real estate investment trusts, particularly those that own malls, have been hammered. Brookfield Property Partners LP, which made a big bet on malls with its $15 billion acquisition

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After failed Monmouth takeover, is it time for Sam Zell to

Details: The billionaire financier has led the Chicago-based real estate investment trust on a long, and unusual, journey since taking charge of the company in 2014, but it’s unclear where he takes it

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Iconic Morton Salt warehouse undergoing roof replacement

Details: The roof work is part of a larger redevelopment of the facility being completed by Chicago-based construction company Blue Star Properties and real estate developer R2, which purchased the

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Soldier Field redevelopment One Central a model tested in

Details: Wisconsin real estate developer Bob Dunn wants the state to finance part of a massive mixed-use project next to Soldier Field. Turns out he knows his way around some other state capitols, too.

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Lake Geneva condo for sale is 2 connected train cabooses

Details: Keefe Real Estate The bedroom and bath are in the caboose next door. The bedroom opens onto a deck. The last sale of a similar two-caboose condo was in 2019, for about $65,000, Coulman said.

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