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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 […]
Real Estate, Residential, US Real Estate

Homesharing On The Rise As Tenants And Homeowners Look To Make Ends Meet

By Mike Wheatley | July 22, 2011
A new trend is emerging as more and more homeowners struggle to pay off their mortgages – “homesharing”. For those looking for a way to offset their mortgage expenses, renting out a spare bedroom in their home, particularly in more affluent neighborhoods where cheap accommodation is hard to find, is quickly becoming fashionable. According to […]
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. […]
Home Builders/Developer's, US Real Estate

High Profile Chicago Developments up for Auction

By Tavis J. Hampton | March 2, 2011
One of Chicago's largest and most high-profile land developments at Roosevelt Road and the Chicago River will be up for auction soon. The highly-prized 5+ acre development has 837 feet of riverfront property and 216 feet of frontage on Roosevelt Road. It neighbors many of Chicago’s great attractions, such as Soldier Field, the Museum Campus, and the University of Illinois/Chicago (UIC).
Featured News, Home Builders/Developer's

FHLBank San Francisco Gives $36.6M in Housing Grants

By Tavis J. Hampton | February 23, 2011
The Federal Home Loan Bank of San Francisco announced the second round of winners in its 2010 funding competition, awarding $36.6 million in Affordable Housing Program (AHP) grants.  The grants will help fund 60 projects with affordable housing needs in Nevada, Illinois , Colorado, New Jersey, Washington, California, and Arizona.  The projects will help create […]
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