Real Estate
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Close CRE Deals with the SBA 504 loanJul 23, 2024 10:22 am - The commercial real estate market continues to find its footing after the pandemic. Business owners may have more options to choose from, but financing is still a challe...
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Developer requests TIF support for upscale Winfield apartment projectJul 22, 2024 7:38 pm - A developer of a proposed apartment complex in Winfield is seeking an incentive package from the village to help make the project a reality.
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Number of homes sold continues to tumble year-over-yearJul 22, 2024 2:38 pm - From June 2023 to June 2024, the number of detached, single-family homes sold in the Chicago suburbs fell nearly 20 percent.
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The Corporate Transparency Act and its impact on commercial real estate associations — are you covered?Jul 21, 2024 5:42 am - You may have heard recent talk about the Corporate Transparency Act (CTA), which went into effect Jan. 1, 2024, that requires Beneficial Ownership Information reporting f...
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New life for ‘zombie offices’? Suburbs’ less desired buildings are gradually repurposing in evolving marketJul 21, 2024 5:39 am - While companies are continuing their flight to higher quality suburban office space in the evolving post-pandemic market, data suggests the region may be gradually figuring out how to repurpose its less desired buildings.
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The Biz Week That Was: Global tech outage, new homes proposed and an old-time restaurant closing among the highlightsJul 21, 2024 5:26 am - Widespread technology outage disrupts flights, banks, media outlets and companies around the world A global technology outage grounded flights, knocked banks offline...
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Wingspan Development starts preleasing at The Dawson in downtown Mount ProspectJul 21, 2024 5:25 am - Wingspan Development Group, a national development firm, recently started preleasing for The Dawson, a new seven-story, 64-unit Class A apartment community in downtow...
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What to do if your landlord raises your rent
Jul 21, 2024 5:08 am - Renters across the country are feeling the squeeze of higher prices. According to the latest annual report on the state of rental housing from the Joint Center for Housin...
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About 300 apartments coming to Huntley, despite some village board reluctance
Jul 19, 2024 9:27 am - Huntley soon will be home to a new apartment complex near the Huntley Springs Retirement Resort near the intersection of Route 47 and Powers Road. Henry Patel, the develo...
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U.S. housing starts increase on pickup in multifamily construction
Jul 18, 2024 3:13 pm - New U.S. home construction picked up in June, though a decline in single-family housing starts to an eight-month low underscored a real estate market challenged by high i...