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$120 MILLION FOR WESTIN RIVER NORTH LEND LEASE SELLS HOTEL TO TISHMAN:...
Chicago Tribune, Thomas A Corfman, 12/16/00
After just two years of ownership, New York investment firm Lend Lease Real Estate Investments Inc. has sold the Westin River North, making a hefty profit on the upscale hotel along the north bank of the Chicago River. ...
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EQUITABLE BUILDING OWNER CHANGING:...
Chicago Tribune, Thomas A Corfman, 12/6/00
Little-known Parkway Properties Inc. is working out the final details of a massive, 11-building transaction with Equitable Life Assurance Society of the United States that would give the Jackson, Miss. -based company control of the Equitable Building, 401 N. Michigan Ave. ...
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PALMOLIVE BUILDING TO GO CONDO HOUSING FOR LUXURY HOMES...
Chicago Tribune, Thomas A Corfman, 11/16/00
The growing demand for luxury condos in Chicago's ritziest neighborhoods is triggering a residential redevelopment of the Palmolive building on the Magnificent Mile. ...
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Apartment building boom Renters still can expect to pay top dollar
Chicago Sun Times, Larry Finley, 11/10/00
Chicago will get more new apartments in the next three years than it has in nearly a decade. After a nine-year drought, new apartments are finally being added to the key central city market. ...
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TOWERING TURNAROUND IN THE AIR 5 YEARS AFTER...
Chicago Tribune, Thomas A. Corfman, 10/29/00
Presidential Towers, the massive downtown apartment complex that came to symbolize everything wrong with Chicago's commercial real estate market in the recession a decade ago,...
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VACANT CLARK STREET PROPERTY UP FOR SALE HOTEL OR CONDOS...
Chicago Tribune, Thomas A Corfman, 10/25/00
The North Loop parcel where a real estate developer nearly snagged Quaker Oats Co. as the anchor for a proposed 40-story office building is up for sale, ...
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Streeterville tower nearly a done deal Neighbors:...
Chicago Sun Times, David Roeder, 9/22/00
A developer is close to an agreement for construction of a 70-story residential tower in congested Streeterville, where residents have complained that a burst of building activity threatens to make the neighborhood unlivable. ...
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DIAMOND TECHNOLOGY SEEKS SPACE:...
Chicago Tribune, Thomas A Corfman, 9/20/00
Diamond Technology Partners Inc., which is looking to move its headquarters from the John Hancock Center, has changed its real estate adviser while increasing its space requirement. ...
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Big plans in works for lakefront living
Chicago Sun Times, DAVID ROEDER AND FRAN SPIELMAN, 9/20/00
Cranking up the volume on downtown's housing boom Tuesday, developers proposed turning lakefront land between Wacker and Randolph into a new neighborhood of 4,550 homes-many expected to command more than $1 million. ...
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BEING AT HOME IN THE LAP OF LUXURY HIGH PRICES,...
Chicago Tribune, Jane Adler, 9/13/00
Few places can rival the Gold Coast and Lincoln Park when it comes to superior location and just plain old-fashioned niceness. Home buyers who want new construction, though, will pay premium...
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Post Office project shapes up
Crain's Chicago Business, Steve Daniels, 9/4/00
A hotel is in, and apartments with spectacular cityscape views are out, as plans to redevelop the gigantic Old Main Post Office come into sharper focus. ...
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Partners map big plans for R. North
Crain's Chicago Business, Steve Daniels, 8/14/00
William Marovitz and C. A. "Bud" Cataldo aim to bring more than 1,500 new residences to the River North neighborhood over the next two years as they turn the parcels they've accumulated in a series of recent purchases into condominiums, ...
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CROWNS LOOKING FOR MORE OFFICE TOWER GLORY?...
Chicago Tribune, Thomas A. Corfman, 7/5/00
Another contestant is looking at the already crowded field of downtown office projects. The Crown family is mulling over construction of a tower on the southwest corner of Franklin and Randolph Streets,...
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Full speed ahead Chicago's population is on the rise. ...
Chicago Sun Times, Larry Finley, 6/23/00
The booming Chicago housing market willl stay strong in the years ahead, as long as the economy cooperates. Chicago has put the brakes on population losses and...
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Global Valuation joins Appraisal Research Ltd.
Midwest Real Estate News, 5/1/00
Global Valuation Solutions and Appraisal Research Counselors Ltd. have formed an alliance to provide their respective services internationally. ...
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Appraisal Research Counselors Ltd.
Midwest Real Estate News, Staff Writer, 3/27/00
Eugene Stunard, president of Appraisal Research Counselors Ltd. and Michael Wingader, with Global Valuation Solutions announce an alliance formed by the two entities in order to extend international service opportunities. ...
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Appraisal Research Counselors Ltd. and Michael Wingader,...
Midwest Real Estate News, Staff Writer, 3/27/00
Eugene Stunard, president of Appraisal Research Counselors Ltd. and Michael Wingader, with Global Valuation Solutions announce an alliance formed by the two entities in order to extend international service opportunities. ...
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ACCOR GETS TO WORK BUILDING GOLD COAST HOTEL:...
Chicago Tribune, Thomas A. Corfman, 3/22/00
Nearly two years after acquiring a prime Gold Coast site, Paris- based hotel company Accor S.A. finally is starting construction on a 415-room Sofitel hotel. ...
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Michael Reese eyes real estate options
Crain's Chicago Business, Meera Somasundaram, 3/20/00
Michael Reese Hospital and Medical Center is putting together a real estate team to evaluate options for its sprawling, and potentially lucrative, South Side lakefront property. ...
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...Multifamily still strong
Midwest Real Estate News, 3/1/00
Midwest multifamily property owners and managers aren't bracing for a gold rush of renters because of the higher interest rates on single-family housing,...
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APARTMENT BUILDINGS YIELDING GOLD FOR SELLERS:...
Chicago Tribune, Thomas A. Corfman, 3/1/00
The prices of major apartment buildings continue to climb as longtime owners look to cash out, and new investors seek to take advantage of rising rents. ...
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Real estate services change with times too
Midwest Real Estate News, 2/1/00
At a time of speedy change in the commercial real estate business, those businesses that serve the industry have to be fleet of foot as well, just to keep up with their clients. ...
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