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News Headlines

Failed Melrose Park development pushes Mazola, Mauro into bankruptcy

They filed for personal Chapter 11 bankruptcy protection after FirstMerit Bank sought to collect on loan guarantees. 

Roosevelt Collection lands another retail tenant

Bevello LLC, a women's fashion retailer with a heavy footprint in the south, plans to open its second Chicago-area store in the South Loop apartment-and-retail complex. 

Mining firm picks Michigan Avenue building for new Chicago HQ

Coeur d'Alene Mines Corp., which is moving to Chicago from Idaho, has signed a lease for two floors, or nearly 30,000 square feet, in the 101-year-old Monroe Building at 104 S. Michigan Ave., which…

Jones Lang LaSalle names new top finance exec

Christie Kelly is joining the company from Duke Realty Corp. 

Our most-viewed stories in the past week

The Purple Hotel, apartment plans and Bucktown make the list. 

Purple Hotel to face the wrecking ball

The owners have told the village of Lincolnwood that they now plan to tear down the long-shuttered inn with a colorful exterior and history, dropping a redevelopment plan that would have saved the…

More stories

Introducing the Crain's Real Estate Team

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Dealmakers

Richard Zisook is pushing ahead with his Webster Square development after a battle with Lincoln Park residents and the loss of a major tenant. He calls the project the 'most challenging' of his career.  Read more


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Photos

John Heiberger, from left, of the PrivateBank, Grady Hamilton of Trammell Crow Co. and Andrew Tripp of Ungaretti & Harris attended NAIOP Chicago's event May 9 titled "An Evening with John Bucksbaum."  See all photos


Trend of the Week

Loan delinquencies on local properties ticked higher in the first quarter, but the uptick may be a symptom of the broader real estate recovery rather than a contradiction of it.  Read more


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