Articles About Condominiums

Author:
Matt Ward
Posted:
08.31.2009

Downtown Chicago Rental Apartments Thriving

Downtown Chicago apartment buildings – especially Class A properties – are seeing a resurgence in occupancy and rental rates as residents apprehensive about the condominium market choose to rent rather than buy.  The average effective rent of downtown apartment buildings climbed to $2.17 PSF in the second quarter, a 2.4 percent increase over the first […]

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Author:
Matt Ward
Posted:
06.17.2009

Deal or No Deal?

Chicago’s iconic post office that straddles the Eisenhower Expressway has been vacant since a new facility replaced it in 1995, and the U.S. Postal Service has decided it’s time to sell the deteriorating structure at 433 West Van Buren Street. On August 27, the Postal Service will auction the 77-year-old, 3,000,000 SF, 14-story building.  The […]

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Author:
Steve Park
Posted:
04.02.2009

Cornerstone Gets the Green Light

Cornerstone’s launch fulfills William A. Alter’s 30-year vision that began when the legendary real estate titan acquired the first of what now comprises 650 acres in central Lake County. As a mixed-use development pioneer, Bill Alter understood that differing residential products could- and would — flourish, complete with nearby stores.  Cornerstone is taking Bill’s vision […]

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