Chicago – IL

Due to the risk of foreclosure, Chicago office tower is returned to the lender

Chicago - IL
The decision by Hearn and Fortress Investment Group to voluntarily hand over one of their Chicago properties to their lender reflects the growing trend of voluntary surrenders currently seen across…

Chicago Leaders Seek to Improve Housing Equity

Chicago - IL
Chicago is composed of 9 areas, and eight of them are predominantly Black communities; coincidentally, the housing prices in these neighborhoods have the highest prices in the entire city. However,…

Modification of Chicago’s Rental Ordinance Surprises Lenders Foreclosing Mortgages

Chicago - IL
A modification to the rule states that a lender undergoing a foreclosure process must now present Chicago tenants with a new 12-month lease or pay them a hefty relocation fee…

Increase in Buyers Drive Up Housing Prices in Chicago

Chicago - IL
According to recent analyses by CoreLogic, a real estate data company, it has been determined that the city of Chicago is currently experiencing housing affordability issues, representing a crisis within…