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RepoHomeTourChicgo.com brings you the latest news and information about Chicago area real estate foreclosures. Our team of foreclosure experts have extensive knowledge in foreclosure properties including bank owned, HUD homes, and pre-foreclosure properties.


Mon, 05 Jan 2009 17:01:00 -0500

CEO of Sheldon Good & Co. found dead

(Crain’s) — The chairman and CEO of real estate auction and brokerage firm Sheldon Good & Co. was found dead Monday in Kane County in an apparent suicide. The body of Steven L. Good was found Monday morning in a red Jaguar in a parking lot at the Max McGraw wildlife preserve in unincorporated ...

Mon, 05 Jan 2009 12:27:00 -0500

Lawsuit seeks to halt planned Hyde Park project

(Crain’s) — The owner of the Village Foods grocery store in Hyde Park has sued to stop a developer’s plans to demolish the Village Center shopping/office complex and build a 24-story residential tower and shopping center there. The plans, which were detailed in October as part of a zoning ...

Mon, 05 Jan 2009 12:14:00 -0500

Our most-viewed stories in 2008

(Crain’s) — Stories about the two biggest condo projects in Chicago were among the most popular news last year on ChicagoRealEstateDaily.com. The top five stories in 2008 all involved the Chicago Spire or the Trump International Hotel & Tower. Donald Trump’s 92-story building, at 401 N. ...

Mon, 05 Jan 2009 12:11:00 -0500

Local hotel sales down 71% in 2008

(Crain’s) — The local hotel investment market has gone into a deep freeze amid a dearth of financing for acquisitions and a deteriorating profit outlook for hotels. Just nine Chicago-area hotels changed hands in 2008 for a combined value of $343.6 million, down 71% from $1.18 billion in ...

Mon, 05 Jan 2009 09:07:00 -0500

General Growth switches bankruptcy law firms

(Reuters) — U.S. mall owner General Growth Properties Inc. has switched bankruptcy counsel to Weil Gotshal & Manges, parting with Chicago-based Sidley Austin LLP, a representative of General Growth told Reuters late Sunday. General Growth is also hiring another law firm — Chicago-based ...

Fri, 02 Jan 2009 12:35:00 -0500

Zell, hotel firm in confidentiality agreement

(Reuters) — Starwood Hotels & Resorts Worldwide Inc. signed a confidentiality agreement with property magnate Sam Zell's Equity Group Investments LLC, according to a regulatory filing, sending its shares sharply higher. Such a move could be in preparation for Zell's firm taking a greater stake ...

Wed, 31 Dec 2008 08:36:00 -0500

2 tenants scrap plans to move into new towers

Note: This story previously had incorrect information about the status of Stockbridge’s Chicago office, and where Stockbridge’s headquarters is based. The information has been corrected. (Crain’s) — A business lender and a real estate investment firm have dropped plans to move into ...

Wed, 31 Dec 2008 08:26:00 -0500

The Year in Pictures on ChicagoRealEstateDaily.com

(Crain’s) — Photo galleries from real estate events were popular this year at ChicagoRealEstateDaily.com. Here are some highlights from 2008: The Year in Pictures at ChicagoRealEstateDaily.com To suggest an event for a photo gallery, e-mail ...

Wed, 31 Dec 2008 08:20:00 -0500

Foreclosure suit hits Wilmette senior housing development

(Crain’s) — A Milwaukee bank has filed a foreclosure lawsuit to collect nearly $19 million on two unpaid loans for a senior housing development at Loyola University Chicago's former Wilmette campus. M&I Marshall & Ilsley Bank alleges that joint venture partners Chicago-based Oculus ...

Wed, 31 Dec 2008 08:10:00 -0500

Big tenant at UBS Tower mulling move

(Crain’s) — Accounting giant PricewaterhouseCoopers LLP has hired Jones Lang LaSalle Inc. to assess options for its Chicago office in advance of the firm’s lease ending in 2013 at a West Loop tower. Pricewaterhouse leases more than 240,000 square feet at 1 N. Wacker Drive, where the firm ...

Wed, 31 Dec 2008 08:09:00 -0500

Economy changes plans for 2 South Loop projects

(Crain’s) — One South Loop apartment tower is on hold while plans for another have changed as the projects’ developers adjust to an increasingly hostile market. AvalonBay Communities Inc. is going to wait “until we see how severe this recession is going to be” before it moves forward ...

Tue, 30 Dec 2008 12:05:00 -0500

First Industrial stake | Prairie Stone sale | Equity Residential loan

Firm reports 6.3% stake in First Industrial A Boston-based hedge fund run by two former managers of Harvard University’s endowment reported Monday that it held a 6.3% stake in First Industrial Realty Trust Inc. as of Dec. 19. Adage Capital Partners L.P. and related entities owned 2.8 million ...
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