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...
JVM Realty, a Chicago-headquartered multifamily real estate investment and property management firm, has hired Adam Short as the company’s chief investment officer. In his new position, Short will be responsible for managing all aspects related to JVM’s capital needs...
A four-story mixed-use building on Chicago’s Magnificent Mile that was last sold in December 2016 for $140 million has changed hands for $47 million, a two-thirds discount. According to CoStar, North American Real Estate (NARE) acquired the 85,000-square-foot retail...
A pause on a problematic affordable housing plan, an urban development project to be built without public funds, and a historic theater’s surprise honor. From the wild and wooly world of real estate, here are our Hits and Misses for July 22-28. Hit: Not So Fast,...
The owners of Chicago’s United Center indoor arena announced plans for a $7 billion, 55-acre mixed-use campus around the property that will include housing, a 6,000-seat music hall, a park and pedestrian-friendly spaces. The Chicago Sun-Times reported the plan, dubbed...