Real estate news & trends

Search posts

Centrum Properties

From Yo’s archives – The Lofts at Lakeview Collection

Lofts at Lakeview Collection

When we first wrote about The Lofts at Lakeview Collection, almost five years ago to the day, groundbreaking was scheduled for the summer and deliveries for the end of 2008. Plans called for a six-story building at Lincoln, Belmont and Ashland, with 90,000 square feet of retail space on the first and second floors and ...

Comment Read the full article →
Posted by Joe Zekas on February 24, 2012
ChicagoDowntown / Loop

Roosevelt Collection sells at half its cost

Roosevelt Collection, Chciago

Crain’s Chicago Business is reporting (apparently behind its paywall) that a deal is imminent for the sale of the Roosevelt Collection in the South Loop. The sale of the project, which cost approximately $350 million to build, will fetch between $160 and $175 million, according to the Crain’s report, resulting in the loss of Centrum ...

Comment Read the full article →
Posted by Joe Zekas on March 20, 2011
ChicagoNorth Side

Centrum's Lakeview Collection facing foreclosure

So says Crain’s. We wondered as much in a post a couple weeks ago.

Comment Read the full article →
Posted by Joseph Askins on February 25, 2010
ChicagoNorth Side

The curious case against Lakeview Collection

So why would Wachovia Bank file a suit against Centrum Properties partners John McLinden, Sol Barket, and Arthur Slaven, their Lakeview Collection LLC, Chicago Title Insurance, the Evangelical Lutheran Church, Cook County, and the Illinois State Treasurer, in the Chancery Division of the Cook County Circuit Court? I can’t say — county offices were closed ...

2 comments Read the full article →
Posted by Joseph Askins on February 13, 2010
ChicagoDowntown / Loop

"Offers welcome" for a Fairbanks at Cityfront Plaza terrace home

Meet T-905, the last terrace condo to go at Centrum Properties‘ Fairbanks at Cityfront Plaza high-rise at 240 E Illinois St in Streeterville. As the name suggests, The Fairbanks’ terrace tier feature large, landscaped terraces instead of balconies. In T-905′s case, that means you get 1,250 square feet of outdoor space along with your 1,529 ...

1 comment Read the full article →
Posted by Joseph Askins on January 19, 2010
ChicagoDowntown / Loop

Yo's year: Roosevelt Collection revisited

December’s a month meant for retrospectives and year-end lists, so over these final three weeks of 2009, I’ll dig back through our archives to see which posts and videos got people talking. I’m going to start off with YoChicago’s single most popular post of 2009, Joe Zekas’ plea for more information about Centrum Properties’ Lofts ...

Comment Read the full article →
Posted by Joseph Askins on December 9, 2009
ChicagoDowntown / Loop

Ex-condo examinations: Comparing Roosevelt Collection and Burnham Pointe

What do Roosevelt Collection and Burnham Pointe have in common besides a ZIP code? Both were supposed to be condominium projects but converted into rental apartments prior to completion. Now that Roosevelt Collection is open for business, we can finally stack their price points and amenities side-by-side for a little South Loop showdown. Obviously there ...

Comment Read the full article →
Posted by Joseph Askins on October 5, 2009
ChicagoDowntown / Loop

Outside and inside Roosevelt Collection

This morning I finally got around to piecing together footage from our visit to the recently opened Roosevelt Collection, located at 150 W Roosevelt Rd in the South Loop. There’s only so much we could see on Friday — a lot of the development is still fenced off and under construction, and only a couple ...

5 comments Read the full article →
Posted by Joseph Askins on October 2, 2009
ChicagoDowntown / Loop

The nearly news: The highs, lows, and in-betweens of West Loop one-bedrooms

Now that we’re branching out beyond just new-construction homes and looking at resales and rentals, we can break out a feature that’s been cooking in our heads for a while: It’s time to read you the “nearly news.” Nearly new homes are exactly what they sound like — homes that are just a few years ...

2 comments Read the full article →
Posted by Joseph Askins on October 1, 2009
ChicagoDowntown / Loop

Without retail tenants, Roosevelt Collection adds color to Roosevelt Road streetscape

After learning that people were actually living in one of Centrum Properties‘ Roosevelt Collection mid-rises, Erik and I knew we needed to get inside and take a look around. We’ve watched the development’s construction primarily from the Roosevelt Road sidewalk, but the fences and barricades are gone now, and about a third of Roosevelt Collection’s ...

4 comments Read the full article →
Posted by Joseph Askins on September 28, 2009
ChicagoDowntown / Loop

Roosevelt Collection open for business, accepting new tenants

Well, that didn’t take long. A mere six weeks have passed since Centrum Properties announced its decision to go rental at the Lofts at Roosevelt Collection, 150 W Roosevelt Rd in the South Loop, and already the development’s first phase of 170 apartments is 70 percent leased, with tenants starting to move in. Now that ...

2 comments Read the full article →
Posted by Joseph Askins on September 24, 2009