The Chicago 77

The word is out?Rubloff has been acquired by one of the fastest growing real estate companies in Chicago, Prudential Preferred Properties. Prudential Preferred has been growing quickly and this purchase makes it is one of the five largest real estate companies in Chicago.  The company will operate under the name Prudential Rubloff Properties and will […]

10 August 2009 ? The impact of the conditions of the local real estate market is one of the a largest factors to the growing budget deficit of the City of Chicago. With a projected shortfall for the overall budget in 2009 to exceed $300 million dollars, the mayor?s office is predicting a greater number […]

6 July 2009 ? Don?t look for this week?s print edition of Crain?s Chicago Business. The publication has gone from a weekly to a biweekly print publication. The publisher is saying this is just for the summer months. This is another major sign of the transition of the newspaper industry transitioning from print to an […]

29 June 2009 – This week?s Crain?s Chicago Business (PDF) is reporting that the relative cost of owning vs. renting is swinging back in favor of home ownership across the U.S. and in Chicago. The Chicago real estate market is already seeing signs of this with an increase in pending home sales. There are great […]

23 June 2009 – Eddie Bauer joins Circuit City, Linens ‘N Things, Mervyns and other retail chains that have filed for bankruptcy court protection as consumer spending has fallen and the recession continues. Last Wednesday, Eddie Bauer, best known for it’s outdoor clothing line filed for Chapter 11 bankruptcy. Eddie Bauer considered a reorganization, sale, […]

Maybe you may have heard all the buzz about Republicans wanting a 4% fixed mortgage rate for mortgages. Let’s take a look at it a little more closely. It’s a HUGE undertaking that will be wildly expensive, and hard to implement, despite what the idea’s proponants are saying. And, you still need Wall Street’s buy-in.

There’s a lot to love about a new building: the smell of fresh paint, the gleam of new stainless steel appliances, the anticipation of waiting for the cardboard protecting the walls of the elevator to be taken down so you can finally see what’s behind it, the excitement of people wearing hardhats carrying blueprints around […]