Latest Chicago

Kimpton Palomar Chicago Hotel and John G. Murray President and CEO of Service Properties Trust (Credit: Google Maps)

Kimpton Hotel Palomar sells for $55M amid dip in Downtown occupancy

Service Properties Trust has acquired the 261-key Kimpton Hotel Palomar, a deal that comes amid a dip in Downtown...

WeWork’s first investor used his stock as collateral. Now his lenders are suing him

WeWork’s first investor, who pledged his stock in the company as collateral on loans, is being accused of short-changing...

Alderman Ed Burke spends $400K of campaign funds for his own defense, developer crowdfunds $10 million for office building buy: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

“Dozens of buildings” in LA receive eviction notices ahead of California’s new rent law

Landlords across Los Angeles have sent out scores of eviction notices in recent weeks, trying to get ahead of the “just cause” provision of...

Danny Solis with 1052 W. Monroe St.

Solis sought campaign donations from Jerry Reinsdorf’s real estate firm: FBI tapes

A real estate firm controlled by White Sox and Bulls owner Jerry Reinsdorf is potentially ensnared in one of...

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Fireside chats — one-on-one discussions between industry players at conferences — are typically genial events. But one such discussion...

Here’s a look at Blackstone’s industrial plays after its record-breaking portfolio purchase

After Blackstone dropped almost $19 billion on an industrial portfolio in June — the biggest portfolio deal ever — the private equity giant’s industrial...

WeWork is investing again with fundraise for proptech

WeWork has apparently recovered enough from its attempted initial public offering rollout to invest again. The coworking company recently...

David Martin’s Terra-fic ideas for making sustainability profitable

If you hang out around enough climate change-related events in Miami, you’ll inevitably run into David Martin. With slicked-back...



84 Dundee Ln. in Barrington Hill (Credit: Redfin)

Barrington Hill mansion vs. the slumping luxury market

A slump in the luxury market, isn’t stopping some Chicago-area homeowners from listing their properties at top-shelf prices. A...

Teachers union wants affordable housing as part of contract, survey says 85% of Chicagoans against property tax hike: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

Join The Real Deal at its sixth annual Miami Showcase & Forum next week

The Real Deal’s sixth annual South Florida Real Estate Showcase & Forum is shaping up to once again be...

Union Power House (Credit: Google Maps)

Wanted: Developer to save Union Power House

A Chicago preservation group is scrambling to find a developer to save an industrial 1930s building from the wrecking ball. But so far there are no takers. The group, aptly named Preservation Chicago, contends...

151 North Franklin, 625 West Adams and the Old Post Office building (Credit: Curbed and Wikipedia)

Chicago’s office leasing market is all about the new new thing

For office leasing in Chicago, it’s all about the new construction and about the amenities that go with it....

Newsroom news: The Real Deal LA brings on 2 veteran journalists

A 157-acre mountaintop parcel asks $1 billion but sells for $100,000. A cavernous airplane hangar built by Howard Hughes...

How mobile homes became a billion-dollar, recession-proof industry

 Mobile homes are no longer just a necessity for the poor. They’ve increasingly become a must-have for some of...

Rendering of the Michael Reese site, Alderman Sophia King and Farpoint Development's Scott Goldman (Credit: Alderman Sophia King)

Farpoint’s plan for Michael Reese site includes resi complex, data center

It was once a hospital. Then, the city of Chicago bought it and it was a potential site for...

Cedar Street completes office-to-apartment complex conversion, Open House Chicago opens its doors: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

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