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Residential
$22,000 a Month for an Apartment?
By
Joe Heath
| March 7, 2012
Real Estate
,
Residential
,
US Real Estate
Chicago Begins Renovating and Renting out Foreclosed Condos
By
Mike Wheatley
| January 10, 2012
Cities across the US are grappling with the same question: What to do with all of those homes left vacant by the large number of foreclosures? While government agencies at a national level struggle to put together a coherent program for transforming foreclosed homes into rental properties, it seems that some cities are already taking matters into their own hands.
US Real Estate
Home Properties Acquires Two Apartment Communities
By
Tavis J. Hampton
| December 16, 2011
Home Properties Inc. has revealed details about its purchase of two apartment communities: The Gates of Deer Grove in Palatine, IL. for $20.2 million and The Courts at Dulles in Herndon, VA. for $92.75 million. With these transactions, Home Properties purchases for 2011 have reached $500.8 million. On November 30, Home Properties purchased The Courts […]
US Real Estate
Cook County Passes Ordinance to Regulate Vacant Homes
By
Tavis J. Hampton
| December 15, 2011
Today the Cook County Board passed an ordinance that will introduce regulations for vacant homes. The ordinance is similar to one that the city of Chicago recently instituted and will cover the non-incorporated areas in Cook County. The move comes in spite of the fact that the Chicago ordinance is now involved in a federal […]
Featured News
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Market Watch
Market Watch Chicago - a Landlord’s Paradise
By
Anita Cooper
| October 14, 2011
There’s a lot of things to love about Chicago. Although it’s known for amazingly delicious food such as Chicago-style pizza and dogs, the “Windy City” is also home to more than 400 major corporations - 28 of them on the Fortune 500, ranging from Allstate to Walgreens. The “City of Big Shoulders” is also a […]
Real Estate
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Real Estate Investing
Wealth Report Says: Rich Still Value Real Estate
By
Mike Wheatley
| April 8, 2011
Real estate remains extremely important to the richest people in the world, as evidenced by the growth in demand for luxury homes in top cities like New York and London, claims a new Wealth Report by Citi Private Bank and Knight Frank.
US Real Estate
Illinois Seniors Receive Automatic Property Tax Exemption
By
Tavis J. Hampton
| April 2, 2011
Close to 300,000 seniors in Cook County , Illinois will no longer have to file every year to continue to receive property tax exemptions, thanks to a new measure the Illinois State Senate authorized. Under the current law, those who wish to receive the property tax exemption must file annual paperwork with the County Assessor. […]
US Real Estate
Hilco Forms New Group to Assist Deeply Distressed Assets
By
Tavis J. Hampton
| February 6, 2011
Hilco Real Estate, LLC has formed a new group called Hilco Real Estate Managed Asset Resolutions (HREMAR), which it will task with providing specialized, turnkey loan services to loan and real estate investing agencies with deeply distressed loans and REO assets.
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