Coleman construction charged with misrepresenting status as minority-owned business
Coleman Development Corporation calls itself a “small minority-owned construction company,” but federal authorities say that did not extend to...
Ponzi scheme fallout: South Side has thousands of distressed apartments
Tear it down! Couple suing hosts of “Windy City Rehab” want show canceled
Let us pay: JDL buying 10-acre dev site from bible college
Here are the priciest resi sales in Chicago last week
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How Blackstone became the world’s biggest landlord
Until about a decade ago, Blackstone Group derived most of its profits from traditional private equity. But following a...
TIF consultant who created “city’s report” on Lincoln Yards was actually hired by Sterling Bay
Local developer Sterling Bay hired the author of a report declaring its $6 billion Lincoln Yards megadevelopment met the requirements for $1.3 billion in...
Ponzi scheme fallout: South Side has thousands of distressed apartments
Thousands of apartments are flooding the market in the South Side after the collapse of two landlords, one following...
Keller Williams will cut off agents who leave
Keller Williams is cutting off associates who dump the franchise brokerage. Effective April 1, the company’s lifelong profit sharing...
How much bigger can Brookfield get?
You don’t become the city’s biggest commercial landlord without taking some big risks. Buying malls when everyone says brick-and-mortar retail is dying. Building a megaproject in the South Bronx where other developers still fear...
Does Chicago still have an appetite for food halls?
Remember the cupcake craze? Or when doughnuts had their major moment in Chicago? Shops popped up all around the...
Condo comeback? JK Equities’ Jerry Karlik predicts rebound in condo market
Some four years after it was first proposed, the high-profile 1000M condo tower in the South Loop has yet...
The construction giants catching a Windy City windfall
Two of Chicago’s leading developers and contractors teamed up in late April to break ground on one of the...
Pier 1 files for bankruptcy, seeks sale
Pier 1 Imports is officially bankrupt, more than a month after the retailer began closing hundreds of stores. The Texas-based home goods chain, which filed for Chapter 11 bankruptcy Monday in the Eastern District...
Post-presidential pads: After the White House, what comes next?
Former President Barack Obama and First Lady Michelle Obama recently closed on an $11.75 million, 6,900-square-foot estate in Martha’s...
This is how presidential elections really affect home sales
Who will be president come January? It’s the biggest question of the year — and a thorn in the...
The best (and worst) cities for divorcees
Just got out of a divorce? Here are the best and worst cities to get back on your feet. Right off the bat, cross off New York City. A LendingTree study on post-divorce economics...
Alphabet’s wooden skyscraper in Toronto could be tallest in the world
Alphabet’s architecture and design arm has unveiled a proof of concept for what could be the world’s tallest mass-timber...
Cannabis legalization drives demand for warehousing and retail: study
Green makes green, apparently. Investors can’t get enough warehouse, retail, and land in states that have legalized recreational cannabis...
Adam Neumann no longer has a vision for San Jose
Adam Neumann’s New Year’s resolution might have been to clean out his real estate portfolio. He’s now sold off...
What Greystar’s belief in multifamily says about the health of the economy
Greystar CEO Bob Faith says he’s “very bullish” on the multifamily sector and so are investors, whether or not...
Corporate camping: Check out REI’s crazy Washington headquarters
Consumer outdoor equipment retailer Recreational Equipment Inc., or REI, is building a headquarters outside Seattle befitting its outdoorsy business....
The best movies and TV shows filmed in Chicago
Chicagoans take pride in seeing our city represented on the grand national stage of television and movies. There are...
Unprecedented expectations around transparency: ILPA Principles 3.0 reflect an evolving and diverse private equity funds industry
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