Category: News

Big Mistakes to avoid Investing in CRE

Here is a list of 25 possible mis-steps when you are considering investments in commercial real estate. How about number one, buying properties with low cap rates, seems like a no brainer, however, when you are buying a property that has an existing 10+ year lease and established tenant(s), low cap rates still trump CD …

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Start the Day Feeling Better, Anybody Interested?

Do you ever have those days when you just can’t get the motor started and no matter how much coffee you take in just never feel right? I know I do and according to this article Researchers from the University of Georgia found that moderate, 112 heartbeats per minute, exercise first thing in the morning …

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PIPs in Chicago Another Positive Indicator

PIPs Motivating Hotel Owners to Sell – Daily News Article Hotel ownerships finally putting their property improvement plans into action, another good sign.. http://buff.ly/1yRPNpc

Chicago is that the sound of money?

Ok so 8.3 million cars at .40/toll equals $3,200,000 opps, forgot rates went up since I use Ipass, how about at .90/toll, where does this money go? Guess which day Illinois roads will be most packed this Thanksgiving Illinois Tollway officials expect a total of 8.3 million vehicles to travel its 286 miles of roadways …

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US Commercial Real Estate is a bargain…

Neighbors north out spending China by a lot…valuations have room to grow!     Canadians snap up U.S. commercial real estate at record pace – BNN News http://buff.ly/1tlOcmU

Ok so you don’t want to pay $16.50/SF for Rents!

How about Chicago Mag Mile tenants paying $400+ per square foot for prime retail. Sound high, try $3,500/sf on 5th Ave. New York. We all realize its relative to where your business is yet sometimes we forget what deals are in the suburbs, where many of these stores sell the same goods found at the …

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Add a little competition and it becomes fun!

Chicago tech startup Matchup.io gets $800,000 to tackle employee fitness – John Pletz Technology Blog – Crain’s Chicago Business http://buff.ly/1xl1ar7

Industrial Markest Showing Positive Signs

More indications the Industrial markets are coming back, increased deal flow and some areas Cap Rates are declining, meaning prices are going up… http://www.globest.com/news/12_983/chicago/industrial/CCIM-Industrial-Activity-Picks-Up-in-3Q-352317.html?ET=globest:e44774:809650a:&st=email&s=&cmp=gst:Chicago_AM_20141110:editorial

Cincinnati-Pete Rose, Skyline Chili and one of my Dad’s Old Restaurants

Cincinnati, where we moved from to Chicago in 1985. This article talks about redevelopment but to me, it show the building where I worked with my Dad who was a Co-Owner of a restaurant/private club called the Couvier Press Club. They were on the 15th floor, overlooking Riverfront Stadium and the Ohio River, its the …

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Best Steaks In Town…

So anyone who has ever been to a restaurant with me always asks why I don’t order the steak since I love steak. My answer is always because I make a better steak than they will…however, the following article lists those places I WOULD order from and a couple more I would add to the …

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