News about properties and real estate
New housing, shopping eyed for South Loop Developers have long-term goals for up to 2,000 new housing units, a shopping center and a 16-screen movie theater in the South Loop, according to insiders who have seen plans drafted for community groups. The property runs northwest of Roosevelt and Clark, site of a Target store. The …
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Appraiser’s role offers unique view of market How has the steady stream of news reports about home values and inventories impacted the real estate market? I believe they have had a significant impact on non-real estate professionals. These folks have been caught up in the hype about “skyrocketing” values. As the news comes out, people …
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Real Estate Deals Pay Off for Insiders In one case, a charity sold property earmarked for low-income housing to a group with which it had ties. The land was then flipped for a $1.1-million gain. The insider deal is one example of how leaders of the UFW and the groups they call the Farm Worker …
Developer reveals plan to buy Briny Breezes Ocean Land Investments of Boca Raton is the mysterious developer that has offered to pay $500 million for the entire town of Briny Breezes, a quaint mobile home park in southern Palm Beach County, company officials said Monday. The unprecedented offer would make the park’s 488 mobile home …
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$40 Million Buys Ex-Cabby His Own Corner of 5th Avenue A former cabdriver who struck it rich in Russian oil and went on to invest in Manhattan real estate has signed a contract to buy a Fifth Avenue mansion for $40 million. The price for the 1901 Beaux-Arts confection on the corner of 82nd Street …
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Love don’t live here — Newsday.com Courtney Love lost the Olympia, Wash., historic bungalowshe bought in the late 1990s to a Los Angeles mortgage company after a foreclosure auction generated no bids. WMC Mortgage filed a lawsuit last year in Thurston County Superior Court, seeking foreclosure after Love stopped paying the bills. The debt on …