Articles filed under Real Estate
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Time to bring in a new developer? Lisle trustees reviewing options on shuttered shopping centerJul 25, 2024 6:15 pm - The Family Square Plaza in downtown Lisle remains shuttered as an Indianapolis-based developer continues to work on finalizing a deal to purchase the property. Village trustees in August will decide if they want to grant an extension to the developer.
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Do leases automatically renew unless you give notice? It’s not the law.Jul 25, 2024 6:00 am - An owner wants to keep a renter’s security deposit because he didn’t give 60 days notice. He said it’s the law. It’s not, but it could be in the lease.
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‘It left them scrambling’: Abrupt closing of Libertyville Montessori surprises staff, parentsJul 24, 2024 11:24 am - The 60-year-old Libertyville Montessori School will be demolished as part of the Springs at Mundelein apartment homes project on Butterfield Road.
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St. Charles approves plans for development near former Charlestowne MallJul 24, 2024 9:29 am - St. Charles City Council members have approved preliminary plans for Fox Haven Square, a commercial development near the former Charlestowne Mall site on the city’s east ...
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The Moorings proposes 70 new senior independent-living apartments in Arlington HeightsJul 23, 2024 7:20 pm - Looking to meet increasing demand, The Moorings has proposed construction of a 5-story, 70-unit independent-living apartment building on its campus in Arlington Heights.
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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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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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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 rentJul 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...