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(Photo illustration by The Real Deal)
National Issue

This office redeveloper is going all in

It was hard to miss the dozens of hardhats on lunch break as they poured out of a 20-story office building on Manhattan’s Far West Side. Some ducked into nearby shops, while others lined...

This office redeveloper is going all in
Pension fund investors are seeking to take cash out of real estate funds as property values fall, like at Water Tower Place in Chicago (Photo via iStock; Wikipedia Commons)
National

Core real estate funds delay investors from cashing out

Pension fund investors are seeking to take cash out of real estate funds as property values fall, putting managers...

Core real estate funds delay investors from cashing out
TWEET: Plans for luxury condos in Winnetka were scrapped when a buyer nabbed a failed development site: Hoffmann Commercial Real Estate's Gregg Hoffmann and the project site at the corner of Elm Street and Lincoln Avenue (Hoffman; Google Maps)

Failed Winnetka development site finds buyer

A troubled project site north of Chicago has found a buyer who is scrapping luxury condo plans in favor...

Failed Winnetka development site finds buyer
Luxury developers love to redevelop former newspaper HQs
National

Luxury developers love to redevelop former newspaper HQs

Dozens of America’s print newspapers have bit the dust or downsized in recent years, leaving behind offices complexes in...

Luxury developers love to redevelop former newspaper HQs
1802 2nd Avenue (Credit: Google Maps, iStock)
National

The luxury senior-living sector is booming

The 53-story Clare tower on Chicago’s Magnificent Mile has sold for $105 million, a sign that luxury senior living facilities hold huge upside in today’s market. Fundamental Advisors LP sold the luxury seniors-only tower...

The luxury senior-living sector is booming
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