Investing

Investing

Mayor Emanuel Announces Elks National Service Commission Grant to Support Chicago in Addressing Veterans...

Mayor Rahm Emanuel today announced the City’s Ending Veterans Homelessness Initiative (EVHI) is receiving a $100,000 grant from the Elks National Veterans Service Commission that will be used to launch a Veterans Emergency Fund. The $100,000 in private funding, provided by the Elks, will help support at least 50 veterans in securing stable housing, and is another step in the City’s commitment to ending veteran homelessness in Chicago

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens in Chicago’s Bucktown...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2001 Milwaukee Avenue in Chicago, IL for $11,275,000

The Boulder Group Arranges Sale of Bank of America Ground Lease

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Bank of America Ground Lease located at 1400 Waukegan Road in Glenview, IL for $6,900,000.

Kirk Supports Investments in Illinois Innovation to Help Argonne, Fermilab Compete with China

Senate FY17 Energy & Water Bill Includes Kirk-Driven Provisions to Boosts Supercomputer Development, Strengthens Illinois Waterway Infrastructure; Bill Funds National Labs, Waterway Infrastructure, Cybersecurity Improvements

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko Hometown

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko Hometown property located at 110 Watters Drive in Dwight, Illinois for $2,115,000.

Kirk Supports Investments to Help Illinois National Labs Compete with China in Supercomputing, Technological...

U.S. Senator Mark Kirk (R-Ill.) today voted to boost funding for cutting-edge research at National Laboratories, including Argonne and Fermilab in Illinois, and to support efforts to protect the Great Lakes from invasive species and improve waterway infrastructure on Illinois’ rivers and lakes. The Senate Appropriations Committee approved the Energy and Water Development Appropriations bill for fiscal year (FY) 2017, which now heads to the Senate floor.

Mayor Emanuel, CNA and The John Buck Company Break Ground on New Global Headquarters...

Mayor Rahm Emanuel and representatives from The John Buck Company, CNA and Hinshaw & Culbertson today broke ground on 151 North Franklin Street. The 35-story building will create 2,700 construction-related jobs and serve as CNA’s new global headquarters. The company has been based in Chicago for 116 years and the new building will pave the way for it to stay for generations to come.

Illinois REALTORS® to promote state at international real estate conference

The Illinois Association of REALTORS® will send a delegation of members to an international real estate conference in March as part of an ongoing effort to promote cross-border investment in the state.

Net Lease Physicians Immediate Care Property Sold in Chicago

“Medical related properties featuring long term leases with multiple rental escalations continue to be highly sought after amongst the investor community as they provide an inflationary hedge” said Randy Blankstein, President of The Boulder Group.

Kirk, Illinois Farm Bureau Collaborate on Ag Priorities

U.S. Senator Mark Kirk (R-Ill.) today discussed his efforts to expand Illinois agricultural exports and honored Donna Jeschke of Grundy County with his Farmer of the Year Award at the Illinois Farm Bureau’s annual meeting, which marked the IFB’s 100th anniversary.

Durbin Announces $1.16 Million Investment In Central Illinois Regional Airport

U.S. Senator Dick Durbin (D-IL) announced $1,163,954 in federal funding for infrastructure improvements and upgrades at Central Illinois Regional Airport in Bloomington-Normal, Illinois. The grant was awarded through the U.S. Department of Transportation’s Federal Aviation Administration

Senate Passes Long-Term Transportation Investment Bill with Kirk Priorities for Illinois

U.S. Senator Mark Kirk (R-Ill.) today helped pass long-term highway and rail bill that invests $6.3 billion in Illinois highways and transit systems over the next three years and includes Kirk-authored legislation to reform and reauthorize the Export-Import Bank and open access to low-interest financing for freight and passenger rail projects.

The Boulder Group Arranges Sale of Net Leased Starbucks Property Located in Chicago

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 7101 South Stony Island Avenue in Chicago, IL for $1,460,000.

RE/MAX Luxury Report on Metro Chicago Real Estate: $1 Million-Plus Residential Market Moved at...

Luxury homes sold at a faster pace during the first quarter of 2015, January through March, than they did a year earlier in the seven-county metropolitan Chicago real estate market. Transaction activity was 16 percent higher for the period, with luxury home sales totaling 378 units. Luxury properties sold during the quarter were also finding buyers more quickly, requiring an average of just 144 days, compared to 158 days during the same period last year, according to the RE/MAX Luxury Report on Metro Chicago Real Estate

Durbin Announces $1.1 Million Investment In Quincy Airport

U.S. Senator Dick Durbin (D-IL) announced today that the City of Quincy, Illinois has received a $1,100,000 grant through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration for infrastructure improvements and upgrades at Quincy Regional-Baldwin Field Airport. This grant will be used to construct a new taxiway, assisting the airport in meeting new design and safety standards, and improving access to the airfield for employers and economic drivers in the region

Popular

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

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