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Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson is reportedly planning a major policy switch with a proposal to raise property taxes as a strategy to address the city’s budget problems. The Chicago Tribune, citing input from three unnamed alderman, said officials in Johnson’s...
Hits and Misses for the Real Estate Week of Oct. 21-25

Hits and Misses for the Real Estate Week of Oct. 21-25

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The crossroads of politics and real estate, a new wave of restaurant closings and rats ruling in Chicago. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 21-25. Miss: Getting Data on Migrant Housing. Earlier this week,...
The Rattiest City in America Is…

The Rattiest City in America Is…

by Phil Hall | Oct 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Windy City is still stuck with the alternative nickname as The Ratty City, as Chicago ranked first in Top 50 Rattiest Cities List for the tenth straight year. Orkin ranks cities based on data collected by tracking new residential rodent treatments from Sept. 1,...
Matterhorn Venture Partners Names Gary Nussbaum as a Principal

Matterhorn Venture Partners Names Gary Nussbaum as a Principal

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
Michael Jordan Sells Chicago Mansion After 12 Years on the Market

Michael Jordan Sells Chicago Mansion After 12 Years on the Market

by Phil Hall | Sep 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Basketball great Michael Jordan’s saint-worthy patience with the housing market has finally been rewarded – the NBA Hall of Famer finally sold his Chicago-area mansion after having it on the market for 12 years. The Chicago Tribune reported Jordan sold the 8.4-acre...
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