Commercial
Credit Crunch Shifts Emphasis to Top-Notch Management Skills for Driving Commercial Property Values, Says IREM(R)
February 4, 2008 Posted by Illinois RealEstateRama
CHICAGO, Feb. 4 /PRNewswire-USNewswire/ — “As the sub-prime mortgage crisis depresses the commercial credit market, which until recently had fueled soaring real estate investment returns, emphasis now is shifting to improving operating results to drive property values,” said IREM(R) President Regina T. Mullins, CPM(R).
Hotel Indigo to Open Third Chicago-Area Property in Vernon Hills
January 31, 2008 Posted by Illinois RealEstateRama
High-Style and Affordable Luxury in Trendy Boutique Setting
VERNON HILLS, IL (Jan. 30, 2008) - Hotel Indigo is bringing its third property to the Chicago area. After a $4.5 million renovation and conversion from an AmeriSuites hotel, the Hotel Indigo Vernon Hills is scheduled to open in early spring.
Catylist and Corporate Connection Online Launch Commercial Real Estate Listing Service
January 17, 2008 Posted by Illinois RealEstateRama
Catylist Inc, a Chicago-based software company, and Corporate Connection Online Inc., a Chicago-based market research company, have partnered to create a new commercial real estate listing service.
Grubb & Ellis Predicts Sluggish Economy in 2008 Will Be Enough to Keep Demand for Commercial Real Estate Steady
January 2, 2008 Posted by Illinois RealEstateRama
SANTA ANA, Calif., (Jan. 2, 2008) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment management firm, today released its 2008 Global Real Estate Forecast, which indicates that U.S. economic growth, which is expected to be sluggish this year, should be enough to keep commercial real estate leasing markets stable, […]