Author Archives | Catherine Brennan

About Catherine Brennan

Catherine Brennan is a seasoned real estate agent with over six years experience in closing hundreds of transactions and developing a network of satisfied clients. Because she values customer service above all else, she teamed-up with Nancy Gaspadarek to create the G and B Real Estate Team. Catherine has lived in the city of Chicago since 1990. She is a member of the Lakeview Chamber of Commerce, a volunteer for the Friends of Blaine and Umoja which both focus on enhancing child education. She enjoys investing in real estate and golfing when she can. You can visit Catherine's web site or reach her directly at 312.613.8022 or catherine@gandbteam.com

West Loop’s Presidential Towers Reconfigures Retail Space

Written by: - August 12, 2009

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12 August 2009 ? Presidential Towers is reconfiguring its retail spaces and two new tenants are already on board: Fitness Formula health club and the South Loop?s popular Yolk restaurant. Both are Chicago-based companies: Fitness Formula Ltd. has leased two levels on the Clinton Street side of the building that equal approximately 52,043 square feet. […]

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Pearson On The Park to Be Foreclosed On

Written by: - July 29, 2009

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29 July 2009 ? PrivateBank & Trust Co. has filed to foreclose on Pearson on the Park (222 E. Pearson St.) a 219-unit condo conversion that as of late has been struggling to sell its remaining twenty percent of units. According to records found in MLS (Multiple Listing Service), three developer units have sold since […]

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Current Tough Market Not Only Sub-Prime Loans’ Fault

Written by: - July 15, 2009

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15 July 2009 ? According to a recent article in the Wall Street Journal, Stan Liebowitz, University of Texas Economics Professor, shared his findings on mortgage foreclosure trends since 2007. Overall, Liebowitz learned that sub-prime mortgage lenders are not the primary cause of current market conditions, and in essence, debunked the prevailing belief that these […]

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Case-Shiller vs. MLS ? Some Very Interesting Data on Chicago Real Estate Market

Written by: - July 2, 2009

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Case-Shiller vs. MLS ? Some Very Interesting Data on Chicago Real Estate Market

Have you read the latest news that home sales are down? Pretty much everyday, right? According to Standard & Poor’s Case-Shiller Home Price Indices (PDF), released on Monday, Chicago experienced an 18.7% decline in home prices from April 2008 to April 2009, but did not experience a percentage change from the prior month, March 2009 […]

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REITs Doing Well According to Dow Jones Research

Written by: - July 1, 2009

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1 July 2009 ? The Dow Jones Equity All REIT (Real-Estate-Investment Trusts) Total Return Index issued its quarterly report on 114 publicly traded REIT stocks and the findings were positive: on average these stocks rose 28.9% by the end of the 2nd quarter (April-June 2009), the biggest quarterly gain since the index debut in 1989. […]

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New Year, New Mentality: The Low Ball

Written by: - January 16, 2009

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New Year, New Mentality: The Low Ball

This year is a whole new ball of wax. Buyers are thinking short sales, foreclosures, and taking advantage of buyers who have to sell. They are thinking depreciation and buying at prices prior to the “boom.”

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