Chicago voters rejected the referendum on the so-called “mansion tax” designed to increase the real estate transfer tax on residential and commercial properties sold for $1 million and higher. The Associated Press, citing a 98% return on ballots, reported the...
The Building Owners and Managers Association (BOMA) International has released its latest floor measurement standard for office buildings. The BOMA 2024 Office Standard includes many new features, enhancements, and clarifications since the last update was published in...
ElmTree Funds, a St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, announced the launch of two perpetual-life real estate investment trusts (REITs) to acquire and manage a diversified portfolio of U.S. net lease...
Former President Donald Trump has been unable to secure the $454 million appeal bond in the civil business fraud judgment against him, according to his attorneys said in a New York court filing this morning. CNBC reported the attorneys for Trump and his co-defendants...
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: NAR’s White Flag. The National Association of Realtors...
Landmarks Illinois, a historic preservation-focused nonprofit organization, has awarded grants totaling $7,000 through the Timuel D. Black Jr. Grant Fund for Chicago’s South Side to preserve three historic sites. The Bronzeville Trail Task Force in the city’s...
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
