New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.
Chicago Housing Authority - CHA

For CHA kids, it’s “Back to School” at Brookfield Zoo for sixth year in...

Students from the Chicago Housing Authority will enjoy one final summer extravaganza before getting back to work, courtesy of Brookfield Zoo and Pangea Real Estate. Some 400 CHA kids between the ages of five and 12 will participate
Chicago Housing Authority - CHA

Seniors have their own “Lolla” as CHA celebrates South Side Music Fest

About 500 CHA seniors are expected to dance, dine and have a good time while celebrating the world’s cultures. The spotlight might be on “Lollapalooza.” But the real fun is at the CHA senior buildings.

Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign

CHA’s outstanding work in Section 3 program prompts HUD to waive final year of...

The U.S. Department of Housing and Urban Development (HUD) has waived the final year of a five-year agreement with the Chicago Housing Authority because of the agency’s outstanding performance and commitment to enhancing the Section 3 program that provides job and contracting opportunities to public housing residents.

Customary & Reasonable Fee Survey for Real Estate Appraisers Underway

Illinois licensed real estate appraisers are encouraged to complete the Customary and Reasonable Fee Survey. The voluntary survey is being conducted by the University of Illinois at Urbana - Champaign on behalf of the Division of Real Estate (the “DRE“) at the Illinois Department of Financial and Professional Regulation ("IDFPR").

Reps from AT&T, BMO Harris, Microsoft to talk career opportunities with 100 CHA college...

Representatives and college recruiters from big-name corporate organizations - including AT&T, BMO Harris and Microsoft - will network with 100 Chicago Housing Authority college scholars and discuss career opportunities

North Shore And Barrington Area Housing Market Steady

Fewer homes selling for fewer days at slightly higher prices has been the mantra for many areas in the housing market this year.  This trend continues in this area with slight variations. Housing data for November shows the number of new listings fell from the same period in 2016, while houses under contact rose at a similar rate, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Illinois home prices increase in November; Sales hold steady

Illinois home sales remained largely flat while the statewide median price shifted slightly higher in November as the market moved into the traditionally slower holiday season, according to Illinois REALTORS®
ATI Addison Palatine IL

The Boulder Group Arranges Sale of Net Lease ATI Physical Therapy Portfolio

The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased ATI Physical Therapy property locations in Illinois for $3,400,000. The Addison location is an outparcel to a shopping center at the signalized intersection of Northwest Highway

QUIGLEY LEADS PRESS CONFERENCE WITH ILLINOIS ELECTION OFFICIALS ON REMAINING HACKING THREATS & WAYS...

U.S. Representative Mike Quigley (IL-05), who serves as a Member on the House Intelligence Committee, led a press conference with Illinois election officials on the need to harden our defenses against election hacking. Rep. Quigley was joined by the Illinois State Board of Elections, Cook County Clerk’s Office, the DuPage County Election Commission, and the Chicago Board of Election Commissioners. Click here to watch the press conference in its entirety.

U.S. Attorney’s Office Charges Suburban Mortgage Brokers with Fraud for Allegedly Controlling Property Appraisals...

The U.S. Attorney’s Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions between themselves and nominees.

Lipinski Celebrates Completion of McCook Reservoir Project That Will Reduce Local Flooding and Help...

Congressman Dan Lipinski (IL-3) joined with Senator Dick Durbin, Congressman Mike Quigley (IL-5), officials from the Metropolitan Water Reclamation District (MWRD) of Greater Chicago, the U.S. Army Corps of Engineers, and other area organizations today to officially announce the completion of McCook Reservoir Stage 1, a 3.5 billion gallon section of the McCook Reservoir, part of the MWRD’s Tunnel and Reservoir Plan (TARP).
CHA

MAYOR EMANUEL BREAKS GROUND ON DEVELOPMENT THAT WILL BRING AFFORDABLE HOUSING AND A NEW...

Mayor Rahm Emanuel today broke ground on a mixed-use development that will bring a new Target and affordable and market rate apartments to Rogers Park. The result of a partnership between the Chicago Housing Authority (CHA) and Three Corners Development/Iceberg Development
Panera Bread Skokie IL

The Boulder Group Arranges Sale of Net Leased Panera Bread Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Panera Bread located at 5500 West Touhy Avenue in Skokie, Illinois for $3,972,727. The property, constructed in 2016, was developed by The Missner Group.

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

Recent

New law cuts red tape for real estate professionals, businesses; ...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.