Attention developers: 415-acre South Works site could get split up

Steel South Works Site (Credit: Google Maps, iStock)
Steel South Works Site (Credit: Google Maps, iStock)
Attention developers: 415-acre South Works site could get split up

Portion Control: Inside the retail rightsizing of the Magnificent Mile

As fewer tenants want huge blocks of space, retail landlords along the Magnificent Mile have adapted by breaking up spaces for multiple tenants. (Credit: iStock, Google Maps; illustration by Kevin Rebong for The Real Deal)
Portion Control: Inside the retail rightsizing of the Magnificent Mile

Mark your calendars: These are Chicago’s top real estate events next week

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Mark your calendars: These are Chicago’s top real estate events next week

Chicago industrial market slams brakes on new deliveries in Q4

Chicago’s industrial market saw just 364,000 square feet of new supply come online in the last three months of 2019, a sharp drop. (Credit: Google Maps)
Chicago industrial market slams brakes on new deliveries in Q4

Knotel lays off up to a third of its New York-focused staff: sources

Knotel CEO Amol Sarva (Credit: iStock)
Knotel lays off up to a third of its New York-focused staff: sources

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From left: 1220 W. Wrightwood Ave., 3030 N. Lake Shore Dr. and 1874 N. Burling St.

These were Chicago’s priciest resi sales sales of the week

The priciest homes to sell in Chicago in the last week closed for a combined $10.5 million, slightly below...

These were Chicago’s priciest resi sales sales of the week
Treasury Department watchdog is investigating the Opportunity Zone program (Credit: iStock)

Opportunity Zone investigation won’t derail developer investment, experts say

 The Treasury Department’s investigation into the Opportunity Zones program will weed out the bad apples but won’t derail the...

Opportunity Zone investigation won’t derail developer investment, experts say
Condo lender Bank OZK reports lower profits in Q4

Condo lender Bank OZK reports lower profits in Q4

Bank OZK, which has been behind some of the largest condo loans in New York and Miami, reported a...

Condo lender Bank OZK reports lower profits in Q4
From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Publisher Amir Korangy started The Real Deal out of his Brooklyn apartment nearly two decades ago, shortly before he...

TRD’s founders share war stories from over the years
Steel South Works Site (Credit: Google Maps, iStock)

Attention developers: 415-acre South Works site could get split up

The 415-acre stretch of property along Lake Michigan is ripe for development, but it’s too big for one developer....

Attention developers: 415-acre South Works site could get split up
Seamless thumbs up background.

Mark your calendars: These are Chicago’s top real estate events next week

Here are some real estate events worth checking out next week: Host: Chicago Real Estate Council Date: Jan. 21...

Mark your calendars: These are Chicago’s top real estate events next week
Knotel CEO Amol Sarva (Credit: iStock)

Knotel lays off up to a third of its New York-focused staff: sources

UPDATED, 11:39 a.m.: Knotel laid off as much as a third of its New York market-focused staff, as the...

Knotel lays off up to a third of its New York-focused staff: sources
Chicago’s industrial market saw just 364,000 square feet of new supply come online in the last three months of 2019, a sharp drop. (Credit: Google Maps)

Chicago industrial market slams brakes on new deliveries in Q4

The Chicago industrial market hit the brakes on new deliveries in the fourth quarter of 2019, after millions of...

Chicago industrial market slams brakes on new deliveries in Q4
Hilton CEO Christopher Nassetta and Arianna Huffington (Credit: Getty Images)

Hilton unveils new brand, with a hand from Arianna Huffington

Hilton is striving for balance, or at least a better night’s sleep. The hospitality giant is starting the new...

Hilton unveils new brand, with a hand from Arianna Huffington


More VIPs join TRD’s exclusive prop-tech retreat

More VIPs join TRD’s exclusive prop-tech retreat

As the new decade gears up, most VIPs are rolling in for TRD’s Future City 2020. We’re excited to...

More VIPs join TRD’s exclusive prop-tech retreat
Windy City Rehab host Alison Victoria Gramenos and the home at 2308 W. Giddings (Credit: Getty Images, iStock)

“Windy City Rehab” saga keeps blowing: Host offers to buy back problem house

The attention and notoriety that HGTV’s “Windy City Rehab” has received over the last year can either be seen...

“Windy City Rehab” saga keeps blowing: Host offers to buy back problem house
As fewer tenants want huge blocks of space, retail landlords along the Magnificent Mile have adapted by breaking up spaces for multiple tenants. (Credit: iStock, Google Maps; illustration by Kevin Rebong for The Real Deal)

Portion Control: Inside the retail rightsizing of the Magnificent Mile

Before Crate & Barrel vacated its flagship store on the Magnificent Mile, the landlord and leasing team considered a...

Portion Control: Inside the retail rightsizing of the Magnificent Mile
Ex-Fannie Mae employee in LA sentenced in bribery, kickback scheme

Ex-Fannie Mae employee in LA sentenced in bribery, kickback scheme

For years, Fannie Mae employee Shirene Hernandez would assign real estate brokers choice listings on foreclosed homes, and in...

Ex-Fannie Mae employee in LA sentenced in bribery, kickback scheme
Foreclosures nationwide fell to 15-year low in 2019

Foreclosures nationwide fell to 15-year low in 2019

Vulture funds and homebuyers seeking distressed properties at bargain-basement prices may have to keep waiting. Last year saw the...

Foreclosures nationwide fell to 15-year low in 2019
1400 North Lake Shore Drive & ESG Kullen’s Eric Granowsky (Credit: Google Maps)

ESG Kullen lands big loan on priciest Chicago condo deconversion

After more than a year of negotiations and setbacks, ESG Kullen closed on the most expensive condo deconversion in...

ESG Kullen lands big loan on priciest Chicago condo deconversion
Donald Trump with Rep. Emanuel Cleaver II, Rep. Ron Kind and Sen. Cory Booker (Credit: Getty Images, iStock)

Trump’s Opportunity Zone program is under investigation

The Treasury Department is investigating a federal tax break that was designed to help low-income communities, but has proved...

Trump’s Opportunity Zone program is under investigation
Marc Jacobs store at 11 E. Walton St., Marc Jacobs (Credit: Getty Images and Google Maps)

Another one bites the dust: Marc Jacobs closes Gold Coast location

After nearly a decade at Acadia Realty Trust’s 11 E. Walton St., Marc Jacobs has shut down its Gold...

Another one bites the dust: Marc Jacobs closes Gold Coast location
Wisconsin investor snags portfolio of South Shore apartments for $18M

Wisconsin investor snags portfolio of South Shore apartments for $18M

A Wisconsin-based venture picked up a portfolio of South Shore recently-renovated apartment buildings for $18.4 million. The 208-unit trio...

Wisconsin investor snags portfolio of South Shore apartments for $18M
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