Real Estate
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US Justice Department accuses six major landlords of scheming to keep rents high
Jan 08, 2025 6:53 am - The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their competitors to boost profits.
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‘Density is overwhelming’: Can developers address concerns for proposed apartment community in Lake Zurich?Jan 07, 2025 9:24 pm - Density, traffic and stormwater are among concerns of village officials regarding what would be Lake Zurich’s largest rental community proposed for the Regal cinema property on Route 12.
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Asbestos insulation not disclosed to buyersJan 06, 2025 10:09 pm - New owners are dismayed to discover asbestos insulation on the air ducts. They’re worried about their health and want to know if the home inspector or sellers are liable for nondisclosure.
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A possible spark: Wauconda TIF’s first redevelopment deal includes a StarbucksJan 05, 2025 5:14 am - A plan to build a Starbucks and make improvements in an area south of Route 176 and east of Route 12 in Wauconda is considered a big step in an area targeted by village officials for redevelopment.
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Proposal calls for replacing ‘aging, underutilized’ Regal Lake Zurich theater with apartmentsJan 03, 2025 5:58 pm - Developers are seeking feedback from Lake Zurich officials for what would be the largest residential community in town.
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Supportive living facility proposed for vacant land in Des PlainesJan 03, 2025 12:38 pm - Plans for a new supportive living facility in Des Plaines will be unveiled publicly Tuesday night.
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Ringing in the new year with new laws for boardsJan 02, 2025 6:05 pm - With the new year, there are often new laws from Springfield and/or Washington D.C. that affect community associations. Here some that will affect either condominiums, townhouses or homeowner associations.
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Construction complete on Station 250 multifamily development in MundeleinJan 02, 2025 4:46 pm - Ware Malcomb, an award-winning international design firm, recently completed construction on Station 250, an upscale multifamily development in Mundelein. The firm pr...
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Home sales notch fourth straight month of gains in November
Jan 01, 2025 5:56 pm - The housing market accelerated for the fourth consecutive month in November, with a widely followed indicator of pending home sales from the National Association of Realtors gaining 2.2 percent over October. Homebuyers seem to have grown accustomed to stubbornly high mortgage rates, as they’re buying new homes at a steady clip across the United States.
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Bezos’ Miami neighbor seeks $200 million for empty lot
Jan 01, 2025 5:45 pm - A mystery seller is asking $200 million for an empty waterfront lot next door to the properties Jeff Bezos bought in South Florida. The roughly 1.84 acre lot (0.74 hectare) is at Indian Creek, a man-made barrier island that’s been dubbed “Billionaire Bunker.”