VennPoint profits on $46M suburban Chicago condo deconversion exit
Another fat profit on an investors’ exit from Chicago-area condo deconversions revealed this week adds to evidence that the...
condo deconversion
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Suburban Chicago complex trades for $57M in condos-to-rentals buyout
Investors continue to find ways to pick up entire suburban Chicago condo complexes and turn them into more profitable...
Condo deconversions hit roadblocks in Chicago suburbs
A multifamily landlord in Chicago faces growing opposition to plans to buy suburban condo buildings and turn them into...
$190M condo deconversion would be Chicago record-breaker
A developer’s plan to pay $190 million for a River North condo tower, which would be converted into apartments,...
Condo deconversions are back, at least in Lakeview
A year after the pandemic scuttled North Park Ventures’ attempt to buy out a Lakeview condo complex and convert...
These River North condo owners couldn’t be deconverted
It would have been the biggest condo deconversion in Chicago history. But in the end, enough owners of the...
May I cut in? New buyer claims 2 E. Oak condo deconversion deal
Prolific condo deconverter Strategic Properties has picked up a 38-story tower in Streeterville that was in contract to be...
CLK Properties closes on massive condo deconversion in Des Plaines
CLK Properties has closed on the latest condo deconversion deal in the Chicago area, this one at a massive...
Two condo deconversions close in Oak Park
Condominium deconversions may still have legs in the Chicago area. Local multifamily brokerage Kiser Group recently brokered two small deconversions in suburban Oak Park for a combined $12.4 million. Hadar Goldman’s Chicago-based firm Goldman...
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...
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