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News

7/25/2022 JLL Arranges $59.8M Construction Loan for Chicago Multifamily Project—REBusiness Online

JLL has arranged $59.8 million in construction financing for 741 North Wells, a 168-unit, Class A multifamily project with 3,580 square feet of retail space in Chicago.
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7/21/2022 City Council Enacts Pilot Preservation Fund for South Shore Condos—ConnectCRE

Chicago City Council on Thursday approved a measure creating a new pilot preservation fund geared toward vulnerable condo and co-op owners in the South Shore community.
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7/20/2022 Georgia man traveled to Chicago and fatally shot ex-wife at Streeterville condo, then killed himself as cops arrived: police—Chicago Sun-Times

A man traveled from his home in Georgia and fatally shot his ex-wife in her condominium in Streeterville Monday afternoon before turning the gun on himself as officers tried to get inside, according to police reports.
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7/15/2022 Hyde Park high-rise condo residents still without power nearly two weeks after water main break—Yahoo! News

Residents of The Regency in Hyde Park have been without power for nearly two weeks now.
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6/21/2022 Organizers Protest Near Lightfoot’s Home, Demanding More South Side Housing Protections As Obama Center Is Built—Block Club Chicago

Dozens of South Side housing activists gathered near Mayor Lori Lightfoot’s home Saturday, pushing the mayor to take more actions to protect against displacement ahead of the Obama Presidential Center’s opening in Jackson Park.
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6/21/2022 Organizers Protest Near Lightfoot’s Home, Demanding More South Side Housing Protections As Obama Center Is Built—Block Club Chicago

5/31/2022 Massive Fire at 36-Unit Condo Complex in Park Ridge Displaces Dozens of Residents—NBC 5

Dozens of residents at a Park Ridge condo complex are displaced after a fire late Tuesday significantly damaged the building and left it uninhabitable, officials say.
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5/26/2022 Exterior lighting improperly wired to unit—Daily Herald

Q: I am an owner of a unit in a townhouse-style condominium association.
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5/26/2022 Owner Of Edgewater’s Epworth Church Withdraws Demolition Permit As Landmark Process Moves Forward—Block Club Chicago

The buyer of Edgewater’s Epworth Church has withdrawn a demolition permit application for the historical church campus slated for redevelopment.
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5/24/2022 Mag Mile condo owners sue owner MetLife over cooling issues

MetLife, the New York insurer that took over the Mag Mile’s pricey Water Tower Place last month from Brookfield Property Partners, inherited something else: a lawsuit from condo owners.
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5/17/2022 Waldorf Astoria penthouse asking $15M comes back on the market—The Real Deal Chicago

A $15M condo touted last June as a sign the downtown condo market is coming back has returned — six months after it was taken off listing sites.
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5/12/2022 Developer plans condo project in Gold Coast—The Real Deal Chicago

A Chicago-based developer is planning a 34-story condo building on a Gold Coast site where a previous Condo tower deal fell apart.
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5/12/2022 Fees in condo sales amass quickly, but relief may soon be on horizon—Chicago Daily Law Bulletin

I have a client who is selling a condo in a Chicago suburb for $166,000.
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5/12/2022 Chicago's real estate market is red hot on the South Side—ABC7 News

An analysis of property values reveals new insight about the real estate market on Chicago's South Side, which is also home to some of the city's largest new development plans.
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5/12/2022 Obituary: Ruthe G. Sacks—Legacy.com

Ruthe Sacks, born in Chicago to Celia (Kosikov) and Aaron Goldstein, led a self-proclaimed magical life.
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4/12/2022 'A civic embarrassment': With more than a decade as a hole in the ground, new plans for the Chicago Spire site—CBS News Chicago

Fifteen years ago, a world renowned architect planned to bring the Spire to Chicago a giant luxury condo building with sky high prices.
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4/12/2022 City funds come to the rescue of ‘troubled buildings'—Crain's Chicago Business

The vintage condo building on Crandon Avenue in South Shore is in frightful straits.
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4/5/2022 Engineering report lacks repair path for board—The Daily Herald

Q. An engineer inspected the balconies in our association, built in the 1980s.
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4/1/2022 Chicago inventory at record lows as spring selling season heats up—The Real Deal Chicago

Chicago Compass broker Robin Allotta expected plenty of attention when she listed a four-bedroom, two-bath Arlington Heights home on Feb. 17. Just not this much.
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4/1/2022 Developers to bring over 9,000 apartments to Chicago’s West Loop—The Real Deal Chicago

The West Loop is having an apartment development boom unlike anywhere else in Chicago.
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