Investing in Commercial Real Estate

Investing in Commercial Real Estate

Commercial real estate deals aren’t just for business owners. In fact, many Americans are turning to commercial real estate AS the business in the wake of the Great Recession of 2008. Not only do commercial real estate deals ensure that the work is autonomous, they also guarantee a certain degree of return on the investment […]

Finding a Good Deal on Commercial Real Estate

Finding a Good Deal on Commercial Real Estate

It is no secret that the real estate market has been struggling for quite some time now and, unfortunately, that is also true for commercial real estate. The market has been doing much better across the country recently, but it is still important to shop around and know what to do when in the commercial […]

Negotiating a Commercial Lease

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Starting a business is about more than just a great idea and knowing the right people to make it happen. To get a new business off the ground, you must literally find a place to ground it—and negotiating a commercial lease can leave many inexperienced entrepreneurs burned. After the housing market crash of 2008, commercial […]

Chicago Real Estate Investors Borrow $145 Million for South Loop Property

Chicago Real Estate Investors Borrow $145 Million for South Loop Property

According to Chicagorealestatedaily.com, the owners of one Chicago business recently took out a hefty loan – $145 million to be exact. The borrowers are Chicago-based McCaffery Interests Inc., and Los Angeles’s Canyon-Johnson Urban Funds, the owners of The Roosevelt Collection, a large South Loop property that is home to apartments and retail space. The due […]

New Development Could Bring Numerous Businesses to Chicago Neighborhood

New Development Could Bring Numerous Businesses to Chicago Neighborhood

Plans are in the works for a 260,000 square-foot privately-funded development to potentially be built just east of the United Center, home of the Chicago Blackhawks and Chicago Bulls. Led by the Bull’s owner, Jerry Reinsdorf, the development is envisioned to include a team store, restaurants, bars, and possibly team offices, parking, and a green […]

Chicago-area Mall Sold for $196 Million

Chicago-area Mall Sold for $196 Million

According to Globest.com, suburban Chicago shopping mall The Yorktown Center was recently sold for $196 million. Located in Lombard, Illinois, the mall was once the largest mall in the country, and despite undergoing many changes since its opening in 1968, remains a popular Chicago-area shopping destination. The property was sold by the family of Ed […]

Chicago Cubs Owners Settle Business Dispute

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A Chicago family-owned business recently went up against the owner of the Chicago Cubs in a legal battle regarding the sale of Cubs memorabilia. The dispute revolved around the right to sell Cubs souveniers at an intersection across the street from Wrigley Field’s front gate, and according to WLS am, the parties recently reached a […]

Commercial Real Estate Transactions in Illinois

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Buying or selling commercial real estate is far more complex than the process of buying and selling residential property. While most home sales follow the same general procedure, and use many standard forms and contracts, the same cannot be said for commercial real estate transactions – offers to purchase, purchase contracts, commercial leases, and other […]