Category: Real estate business

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Crain's: Berkshire Hathaway unit buys KSGMAC

This one may be more interesting for the names involved than for the impact it'll have on local real estate, but Crain's and several other outlets rep [...]

Are sales slow because agents don't know how to sell?

A very wise friend of mine, a man with many years experience advising new home developers on sales and marketing issues, bemoans what he considers the [...]
From the vault: "Corbett's jujitsu"

From the vault: "Corbett's jujitsu"

Looking for a home inspector? Use your attackers' strengths against them. Tom Corbett of Tomacor recommends a "jujitsu" technique, in which buyers r [...]
A real estate expert is not a lone eagle

A real estate expert is not a lone eagle

Behind every real estate expert is a network of coworkers and contacts. In this video, Lino Darchun of Coldwell Banker explains the benefit of worki [...]
Metropolitan's Lincoln Park homes face foreclosure

Metropolitan's Lincoln Park homes face foreclosure

More of Metropolitan Development Enterprises' new-construction homes face foreclosure, according to Crain's. This time, Lakeside Bank is seeking $7 mi [...]
Uptown's Rainbo Village faces another foreclosure suit

Uptown's Rainbo Village faces another foreclosure suit

The developers of the Rainbo Village condominiums at 4814 - 4850 N Clark St in Uptown face another foreclosure lawsuit, this time in the amount of $ [...]

Delving into a developer's public records

How can you get the straight dope about the people behind a development? Before you believe everything you read from anonymous commenters, take some t [...]

Crain's: Sudler Sotheby's International Realty buys Century 21 Sussex & Reilly

Those of you who keep track of the big comings-and-goings of Chicago's real-estate brokerage industry will want to take notice of today's news. Crain' [...]

Crain's: Developers beg for loan extensions

An article appearing in Crain's Chicago Business yesterday focuses on condo developers struggling to settle their debts, warning that developers of hi [...]

Kimball Hill Homes opts to stop building

If you've scanned our headlines feed anytime in the past few hours, you've probably seen the news that Rolling Meadows-based builder Kimball Hill Home [...]
Your (semi)weekly Spire update: Another day, another lien

Your (semi)weekly Spire update: Another day, another lien

Well, Crain's beat us to the gag: The Chicago Spire is now "The Lien-ing Tower of Chicago." Architect Santiago Calatrava and architecture firm Perk [...]
Dustbunny of the day: The St Clair

Dustbunny of the day: The St Clair

Crain's confirms today what we were starting to hear ourselves: Centrum Properties has scrapped plans for The St Clair, the second tower of the prop [...]

Quote of the day: Mergers and acquisitions

"We are very excited about this partnership... Each of the two firms has built a formidable presence in the Chicagoland real estate market. Combining [...]

The developer plans to live there

It's not unusual for a developer to purchase a unit and take up residence in one of his developments. Buyers often consider that a reassuring sign of [...]

Is LEED still relevant?

I was thumbing through an old copy of the New York Times Magazine recently and came across a short item about the U.S. Green Building Council's Leader [...]
South Side developer does things his way

South Side developer does things his way

Joe Zekas has gone gray trying to convince real-estate professionals to market their properties on the Internet and with Web video, but for some reaso [...]
Lissner: Buyers taking a “wait and see” approach to home decisions

Lissner: Buyers taking a “wait and see” approach to home decisions

In her quarterly "Market Watch" column, Gail Lissner gives New Homes readers an overview of Appraisal Research Counselors' latest Downtown Chicago Res [...]

Crain's dishes on the "trouble in the towers"

In case you didn't check the headlines this morning, Crain's published an article today about the number of foreclosure lawsuits brought against buyer [...]

The most common lie in real estate

Three letters: ABR. The letters stand, of course, for Accredited Buyer's Representative, a designation sanctioned by the National Association of Real [...]

Three months, 201 sales

Our copy of Appraisal Research Counselors' 1st Quarter 2008 Downtown Chicago Residential Benchmark Report only arrived last week, so we're just now ge [...]
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