Category: Real estate business
Several high-rise proposals stalled for '08
High-rise development has its winners and losers, and 2008 will certainly prove to be a watershed year for the entire building community.
For New Hom [...]
Price points: The 3800 block of North Ashland Ave
A couple weeks ago, Yo reader Eric Rojas suggested that “$500K anywhere on Ashland will get you more than 1200 sq/ft, will have parking included (ga [...]
Deal of the day: Free parking (and scooters) offered with Emerald sales
Remember Emerald's free scooters? They're still available, only now the West Loop development's giving buyers a place to park their free rides.
The [...]
Prairie District Lofts a reminder of South Loop's past
The South Loop's slew of high-rises has turned history into a selling point. A case in point: Kargil Development's new Prairie District Lofts, yet a [...]
Sales update: One house remaining at California Estates
It's been a long time since Yo looked at California Estates, a set of 16 townhouses in the 1800 North block of California Avenue. Readers and writer [...]
Quote of the day: How low can you go?
"It’s almost like a limbo pole that’s almost on the ground and can’t go any lower. This is about it."
- Real-estate consultant Tracy Cross, on report [...]
Foreclosure of the day: Ravenswood conversion stalls out
According to Crain's, a courtyard conversion in Ravenswood has gone belly up after the First Bank of Highland Park filed a foreclosure suit seeking $7 [...]
Construction update: Walton on the Park groundbreaking set for Jan. 16
The Enterprise Companies and Mesirow Financial Real Estate will break ground tomorrow on Walton on the Park's south tower, a few days earlier than th [...]
Quote of the day: Kinney takes Spire's sales appointments with a grain of salt
"In this market, for the Spire to get several hundred contracts to move ahead with construction will be difficult. If they introduce 600 units priced [...]
Sales update: Contemporary corner condos available at 3255 North Paulina
Remember 3255 North Paulina? A few commenters liked its contemporary design back in 2006. It's all but finished at this point, and folks are already [...]
Bank of America to purchase Countrywide
How about this for an interesting headline: "Nation's biggest bank buys nation's biggest mortgage mess."
That's just what happened today, when Bank o [...]
Deal of the day: Free parking and upgrades at 30 W. Erie
Anyone interested in snatching up one of 30 W. Erie's four unsold condominiums will receive a couple perks with their purchase. Schillaci Birmingham D [...]
Developer pushing Ten East Delaware amenities
According to our extensive neighborhood mapping, Ten East Delaware will stand just inside the boundaries of River North. Prime Group CEO Michael Resch [...]
New to the market: The Ashby
The Ashby is still a new kid in Lake View. Buyers have locked up two of the 18 condos at 3844 N. Ashland Ave., but @properties has yet to launch a f [...]
Kimball Hill predicts "substantial net loss" in 2007 filing
This must be the week of bad news.
Kimball Hill Homes, the developer of both Parkside of Old Town and Park Boulevard, has delayed filing its 2007 fis [...]
Bank files $2.95M foreclosure suits against Budlong Woods venture
A couple of potential condo conversions in Budlong Woods are now the subjects of foreclosure lawsuits in Cook County Circuit Court.
Founders Bank last [...]
Second homes bring out different sides of owners
In February, New Homes Magazine will profile several new pieds-a-terre available in Chicago. Over the weekend, Chuck Green reported in the Tribune on [...]
Motor Row developer slapped with suit over unpaid fees
Rokas International Inc., developer of the under-construction Motor Row Condominiums, 2300 S. Michigan Ave., is the target of a suit filed by a fina [...]
Report: New home sales hit 12-year low
Sales of new single-family homes fell by 9 percent from October to November, down to a seasonally adjusted rate of 647,000, according to a new report [...]
Would you listen to a real estate podcast?
Chicago-based Jones Lang LaSalle is betting that investors and executives will have an appetite for short snippets from the real estate world.
The gl [...]