Chicago
Jan 30, 2024
Ares smacks South Loop apartments landlord with $80M foreclosure suit
The 199-unit 1411 S. Michigan Ave. built by Russland Capital is now subject to city's biggest multifamily foreclosure since interest rates surged
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Chicago
Sep 4, 2025
Distressed Chicago multifamily properties take wild rides to recovery
With Midwest apartments heating up, some buildings that ran into recent financial trouble got the lucky break they needed while others still face a tough road ahead
Chicago
Feb 12, 2024
Chicago’s multifamily distress ticks up, yet avoids Sun Belt-level meltdown
Recent string of foreclosures, lack of bidders at auctions aren’t indicative of plunging market, multifamily insiders claim