Tag Archives: Chicago

Chicago Spire

Developer Garrett Kelleher has reached an agreement with his largest creditor, Related Cos., over a financing plan that would allow him to keep control of the Chicago Spire site and potentially search for construction financing Continue reading

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March Newsletter

Luxury is back – and in a big way. Sales of homes priced at $1 million or more in the Chicago area jumped 33 percent in 2013 from the year before, according to a recent Chicago Magazine article. The increase … Continue reading

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October Newsletter

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July 2013 Newsletter

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Restoring Retail

With the economy in recovery, many of the storefronts that went vacant are slowly being filled with new tenants, new businesses and helping spur growth. The average vacancy rate at U.S. retail property in the second quarter fell to its … Continue reading

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Changes to Chicago Parking

There are changes coming to the parking meters in Chicago. Mayor Emanuel announced several modifications which include free parking on Sundays. For having free parking on Sundays, neighborhoods outside the downtown area which have meters that currently expire at 9 … Continue reading

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April Newsletter

Take a peek at the current newsletter & video! Some of the sights and sounds in Chicago neighborhoods today — jackhammers, saws and cranes swinging overhead — may strike a familiar chord to those who witnessed the real estate boom … Continue reading

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[Un]sure Confidence

The Census Bureau reported this week that housing starts, which measures new home construction, rose nearly 28% between February 2012 and February 2013. Many national builders have also reported been reported increases in buyer demand. Lennar for example, has reported … Continue reading

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Fighting Back

While housing seems to continue to show signs life, it will be an ongoing fight. The month’s supply of inventory for Chicago single family and attached condos and townhomes are both below four months (rate at which the current inventory … Continue reading

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Chicago area Wi-Fi

Mayor Rahm Emanuel’s plan to position Chicago for the digital age has received a warm reception from telecom providers, with several companies and industry leaders providing a RFI (Request for Information, a preliminary pitch) providing insight on the project. A … Continue reading

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