Kelli Duncan

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Altitude Capital Buys Chicago Gold Coast “Phantom Building”
Residential
Chicago
Mar 19, 2025

Altitude Capital pays $10M for Gold Coast “phantom building”

Local developer bought long-vacant condominium in prime location
How Chicago landlords are pushing back against anti-gentrification rule
Politics
Chicago
Mar 19, 2025

How Chicago landlords are pushing back against anti-gentrification rule

Real estate players are lobbying aldermen, claiming ordinance delays sales and discourages investment
Chicago Tax Assessor Pushes Feds to Release Appraisal Data
Politics
Chicago
Mar 13, 2025

Kaegi leans on Pulte to help improve property tax accuracy

Fannie Mae, Freddie Mac appraisal data is kept from local tax authorities, but the Cook County Assessor wants to change that
Inside Chicago’s Crackdown on Deeply Indebted Land Speculators
Politics
Chicago
Mar 13, 2025

“Land speculation becomes problematic”: Chicago cracks down on more debtors

How distressed real estate strategies of suburban firms Goldmine Investments and QCD Financial led to legal peril with $9M in fines and interest owed to the city
Chicago's Next Moves Against Negligent Landlords
Residential
Chicago
Mar 10, 2025

Chicago plots next moves against Suzie Wilson, more negligent landowners

After bringing down an infamous landowner, officials may ban her from investing in local real estate as they target two more firms that owe the city $9M in fines
Skokie hotel developer E&M faces messy foreclosure on $24M construction loan
Development
Chicago
Mar 6, 2025

Skokie hotel developer E&M faces messy foreclosure on $24M construction loan

Lender’s lawsuit is the latest setback in three years of delays on a Homewood Suites by Hilton planned for downtown Skokie by local developer
Ranking the top brokers on Chicago’s South Side
Residential
Chicago
Mar 3, 2025

Ranking the top brokers on Chicago’s South Side

Nadine Ferrata’s NL Ferrata Team claims No. 1 spot
Bulls Player Hit with Foreclosure Lawsuit on Gold Coast Condo
Residential
Chicago
Feb 28, 2025

Bulls player Williams straightens out mortgage snafu on Gold Coast condo

Reps for Patrick Williams say alleged loan default was due to a clerical error; Goethe Street unit is among several high-profile Chicago-area loans to fall into potentially errant default disputes
Blackstone hit by foreclosure on $310M loan for River North Point
Commercial
Chicago
Feb 26, 2025

Blackstone hit by foreclosure on $310M loan for River North Point

Goldman Sachs sued over the debt after Blackstone allegedly defaulted at maturity
Fern Hill’s Nick Anderson Buys Entitled Chicago Lakefront Site
Commercial
Chicago
Feb 25, 2025

Fern Hill’s Nick Anderson buys Quest’s shovel-ready Edgewater site 

Rare empty land near lakefront has entitlements in place, and Quest still has chips on the table
FPA Multifamily Sells Downers Grove Asset to Laramar Group
Commercial
Chicago
Feb 14, 2025

Laramar bets on suburban multifamily with $72M acquisition

FPA Multifamily sold another property in its Chicago portfolio
Restored Historic Mansion Asks $9.9M in Winnetka
Residential
Chicago
Feb 14, 2025

Restored historic mansion listed for $10M in Winnetka

Price makes it the suburb’s most-expensive non-lakefront listing
Chicago’s Vesta Preferred Regroups With $1 Billion Sales Goal
Commercial
Chicago
Feb 13, 2025

Vesta Preferred gets ducks in a row to hit $1B sales goal

Local resi brokerage named co-founder Brad Robbins as CEO and co-founder Grigory Pekarsky as head of sales
Near North Side home hits the market at $7.5 million
Residential
Chicago
Feb 13, 2025

Near North Side luxury listed at bargain to replacement cost

Home on West Superior asking $7.5M was custom-built in 2012
Developer lists West Loop sites greenlighted for housing for combined $42M
Development
Chicago
Feb 11, 2025

Pacific Reach asks $42M for entitled West Loop multifamily sites

Canadian developer planned to build two residential towers in 2021
Who just bought this rare empty North Side lot for $5M?
Development
Chicago
Feb 6, 2025

Developer sells Edgewater site once slated for housing for $5M

Local developer Quest Realty planned to build apartments on the lot in 2019; now the site’s future is unknown
Chicago’s Dick Portillo Betting on Speculative Homes in Florida
Residential
Chicago
Feb 4, 2025

Dick Portillo bets on luxury spec homes in Gulf Coast city Chicagoans love

Partnering with C&E Builders, local broker Dawn McKenna on pricey homes and $28M penthouse in Naples, Florida
Is Chicago’s luxury condo market on cusp of a comeback?
Residential
Chicago
Jan 31, 2025

Is Chicago’s luxury condo market on cusp of a comeback?

The city’s condo market is far from pre-pandemic health, but a rebound in sales last year suggest it’s starting to thaw 
Zak Knebel’s ZK Group Moves to @properties in Chicago Suburbs
Residential
Chicago
Jan 29, 2025

Zak Knebel’s ZK Group moves to @properties after $41M year

Knebel rejoins @properties after five years with Berkshire Hathaway HomeServices, bringing his six-agent team with him
Chicago Real Estate Mourns Laricy Team’s Catherine Holbrook, 40
Residential
Chicago
Jan 24, 2025

‘Our beacon of light:’ Laricy Team’s Catherine Holbrook dies at 40 

Fellow brokers remember Holbrook as an ambitious agent and loving friend, ‘the glue’ that brought many people in the industry together