Category: News

His Profit was $8 per house…

Read today of the passing of a true rags to riches story, Larry Weinberg, first started in real estate building houses. That sounds enterprising for a young 20 something, recently married, but his profit was $8 a house. Even back then that’s not much. Its people like Larry that have made this country great for …

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New Development in Lake Zurich

The development of the New Downtown Lake Zurich, gets a much needed boost. As Mayor Tom says, Build it and they will come! So pretty soon Bear Country Java Shop, the Irish Pub and Tom & Jerry’s Steaks, Ribs, Chops and who knows, maybe Martinis… http://www.dhbusinessledger.com/news/20170824/lake-zurich-closes-sale-of-downtown-site-for-apartment-development

Greatest Technology Park In the US Coming to Elk Grove?

  Yes you read it right, this developer is targeting Elk Grove Village as the hub for his project thus a Manufacturing Renaissance…Michael Brennan Wants To Build ‘The Greatest Industrial Park In The U.S.’ – Industrial

Vintage Apartments Value Add Opportunity

Polger: “Our current investment thesis is that as a direct result of this dichotomy, there is much more room for measurable rent growth with the older properties, especially after they are improved and modern amenities are added.”   Renting continues to be the way for many to go these days with fewer opting to make …

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Chicago Industrial Vacancy All Time Lows

http://www.rejournals.com/2016/09/27/low-vacancy-high-demand-the-factors-keeping-industrial-cap-rates-strong-in-chicago/   Investors from $500k to $1.5M are actively searching for property! We see this trend across the Counties we serve, as available supply continues to tighten for users, combined with the need 1031 buyers have for replacement properties, this makes a solid, leased industrial property or any property for that matter attractive for investors. …

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What attracts & keeps employees

What attracts and keeps the best employees? Is it money, more money or titles or are there other factors that prompt new hires to pick one company over another and keeps employees at their current positions? This short but interesting article is for owners, supervisors and potential leaders and while much of the text applies …

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Leasing vs Owning for Small Lake County Businesses

Why owning an office condo is preferred Businesses looking to build equity and potential retirement assets, instead of making rent payments, should check out this option. If you are about to renew your lease, probably ought to look into what Northern Cook and Lake County can offer as there are properties in all price ranges …

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Remake vs. Demo Merchandise Mart Facelift

Iconic Merchandise Mart, the remake shows you can make it like new and attract high profile tenants, and high profile rents; suburbs next! http://www.globest.com/sites/brianjrogal/2016/06/17/898/?kw=Remaking%20the%20Merchandise%20Mart&cn=20160617&pt=Chicago&src=EMC-Email&et=editorial&bu=REM

Multi-Family Investments

multi-family investments

Most analysts are skeptical when it comes to the growth of commercial real estate in 2016. But contrary to belief, the multi-family properties are on pace for the second year of record investments. In the first quarter of 2016, multi-family deal volumes reached a total of $37 billion. This number is almost exactly in line …

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CRE Technology

CRE technology

The CRE industry has quietly transformed from a “mom and pop” industry to an industry where owners manage complex and global portfolios. Due to this change, commercial real estate represents about 10% of institutional investment portfolios. Even with this evolution, the tools of trade haven’t evolved much. But that is beginning to change. A wave …

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