Yearly Archives: 2012

Chicago, IL - October 18, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced a senior attorney in her office was honored by U.S. Attorney General Eric Holder for her leadership in securing a landmark $25 billion national settlement to help struggling homeowners.

Torrance, CA - October 18, 2012 - (RealEstateRama) -- Daniel B. Teitelbaum has joined the national real estate law firm Pircher, Nichols & Meeks as an associate in the Chicago office. In his new position, he will be engaged in real estate financing, acquisitions and dispositions, as well as leasing

SPRINGFIELD, IL - October 15, 2012 - (RealEstateRama) -- Illinois Department of Central Management Services (CMS) Director Malcolm Weems today announced that the state will donate boots, coats, sleeping bags and other gear to help thousands of homeless individuals stay warm during the upcoming winter season. CMS will donate federal surplus supplies valued at $1.1 million to the homeless through charities, homeless shelters, churches and other humanitarian organizations who enrolled in the surplus program

State Provided More Than $8.4 Million to Help Build La Casa Student Housing and Resource Center CHICAGO, IL - October 12, 2012 - (RealEstateRama) --...

Torrance, CA - October 9, 2012 - (RealEstateRama) -- The national real estate law firm Pircher, Nichols & Meeks has hired Susan V. Kai as an associate in its Chicago office. In her new position, she will be engaged in real estate financing, acquisitions and dispositions, as well as leasing.

CHICAGO, IL - October 8, 2012 - (RealEstateRama) -- The Chicago area’s largest regional grant maker, The Chicago Community Trust, today announced $231,000 in grants to advance affordable rental housing.

SPRINGFIELD - October 4, 2012 - (RealEstateRama) -- While every household should have a disaster supply kit stocked with food, water, flashlights and batteries, homes with pets need to take additional steps when planning for disasters. Whether an emergency forces people to seek shelter within the home or evacuate, advanced planning can ensure the safety of your animals.

Torrance, CA - September 24, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country with regional expertise, has closed a 145,000-square-foot industrial sale at 903 Carlow Drive in Bolingbrook, Ill. The terms of the deal were not disclosed.

Chicago - September 21, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced she has filed five lawsuits in a sweep of fraudulent home repair businesses that cheated homeowners in Chicago and Central Illinois out of more than $365,000

SPRINGFIELD, IL - September 19, 2012 - (RealEstateRama) -- Home sales in the state rose 23.7 percent over previous year levels, part of a 14-month run of sales increases according to data released today by the Illinois Association of REALTORS®.

Chicago, IL - August 30, 2012 - (RealEstateRama) -- In responding to the first report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have begun to receive as a result of the $25 billion settlement reached earlier this year with the nation’s five largest bank mortgage servicers over allegations of widespread “robo-signing” and other fraudulent practices involved in servicing loans of struggling homeowners.

Chicago, IL - August 28, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced that her office has distributed $4.7 million in funding from the national foreclosure settlement reached earlier this year to LAF (Legal Assistance Foundation). Madigan said the grant will help provide much-needed legal services to struggling homeowners in Chicago and suburban Cook County.

Chicago, IL - August 27, 2012 - (RealEstateRama) -- A Chicago Agent magazine survey found that there are a few signs the market may be coming back. Some of the highlights include Agents are making a higher average annual salary of $95,000, just 15 percent less than pre-recession average income of about $111,000

O’Fallon - August 24, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today announced that her office has distributed $4.5 million in funding from the national foreclosure settlement reached earlier this year to the Land of Lincoln Legal Assistance Foundation. Madigan said the grant will help to provide much-needed legal services to struggling homeowners in Central and Southern Illinois

Torrance, CA - August 23, 2012 - (RealEstateRama) -- Elizabeth A. Berlinsky has joined the national real estate law firm Pircher, Nichols & Meeks as an associate in its Chicago office. In her new position, she will focus on representing both landlords and tenants in commercial real estate leasing transactions.