Banking on a vacant-property turnaround
MarySue Barrett, president of the Metropolitan Planning Council, spoke with Crain's about the benefits of a creating a 'land bank' to acquire property and sell it for redevelopment.
VIDEO: Baird & Warner CEO Stephen Baird talks to Crain's
The rebound of the residential market this year surprised him. He visits with our Alby Gallun.
Developer takes tough job to enter Chicago: the Rosenwald
David Roos' firm aims to convert the historic but decaying Bronzeville building into an apartment-and-commercial complex. He talked to Crain's about the hurdles.
Transwestern taps new head of Chicago office leasing
Michael Lirtzman wants to more than double the firm's 2 million-square-foot downtown portfolio of leasing assignments in the next 18 months.
Jones Lang veteran taking over fastest-growing division
Lauralee Martin, who has been chief operating officer and chief financial officer at the firm, on Jan. 1 becomes CEO of the Americas. “I think (the challenge) really is the economy both…
See the lake from Lincoln Park
Developer John Murphy is counting on views of Lake Michigan and the park to bring in buyers at Lincoln Park 2550, his recently completed 218-unit condo project. He took Alby Gallun on a tour.
Wyndham O'Hare buyer targets suburban hotels
Eric Chang's Chicago-based U. S. Pacific Management recently bought the former Wyndham O'Hare and also plans to reopen a North Aurora property purchased in 2008. “I believe this is a good time…
Mall rat
Shopping center investment veteran Scott Wolstein now heads Starwood Retail Properties, a new Chicago-based business that manages properties purchased by private-equity giant Starwood Capital Group. …
Investor aims to buy 3,000 foreclosed Chicago homes
(Crain's) — Donald Cogsville's New York firm bought into a batch of 94 such properties here last month but faces competition as he aims for more.
VIDEO: Creating a high-end hotel at the former IBM Building
(Crain's) — Katie Benson is leading an army of workers transforming the lower floors of the 52-story tower into the Langham Chicago. Watch her visit with Crain's Alby Gallun.
Mesirow's Cripps leads billion-dollar shopping spree
(Crain's) — After raising $379 million for their first real estate investment fund, Alasdair Cripps and his team at Mesirow are chasing apartment acquisitions across the country as they seek to …
Hinsdale developer shifts attention to apartments
Thomas Murphy's JSQ Commercial, which has mainly built and leased office and industrial property, is working with an Indianapolis firm to develop seven to nine multifamily properties across the…
Chicago leader takes on bigger role for Cushman
(Crain's) — Shawn Mobley has been promoted to president of the 14-state Central Region but says “I don't want to take my eye off the ball here,” an area the brokerage has tapped as…
From racquetball to rentals
(Crain's) — Matthew Phillips has changed plans at the former Lakeshore Athletic Club, scrapping high-end senior housing in favor of apartments. He talked to Crain's about the building and the…
From buying buildings to selling services
(Crain's) — Alex Samoylovich's firm has spent almost $200 million, mainly on distressed apartments, but he's looking for other revenue sources as he prepares for such buying opportunities to…
A business of palates and palettes
(Crain's) — Former Dunkin' Brands exec Nancy Bigley is heading an ambitious effort to open 30 franchised locations for Bottle & Bottega, a “bring-your-own-bottle” studio where…
'Architecture is much more fun for me now'
(Crain's) — Thomas Kerwin, who founded bKL Architecture in early 2010, is on pace to have three buildings under construction in three years.
Jameson lands veteran office brokers
(Crain's) — Edward Gerstein, left, and Lou Kahn, who came from the recently shut down Zifkin Realty, hope to build name recognition in the commercial market for the firm, which is primarily…
Inland Group names first non-founder to board
(Crain's) — Catherine Lynch is a veteran of the Oak Brook company's Inland Real Estate Investment Corp. business.
Former Bears tight end joins Coldwell Banker
(Crain's) — Desmond Clark, whose NFL career ended after the 2010 season, has joined the Libertyville office of the residential brokerage.
