Michael Lerner, founder and president of MCZ Development Corp., a real estate development company based in Chicago, along with Thaddeus Wong and Michael Golden, co-founders of Chicago-based real estate brokerage firm @properties, were inducted into the Chicago Area Entrepreneurship Hall of Fame.

Every year, students and faculty of the Institute of Entrepreneurial Studies at the University of Illinois at Chicago, as well as sponsors and judges, select several winners from thousands of area entrepreneurs. The inductees include distinguished entrepreneurs who have demonstrated entrepreneurial spirit and business talent in the greater Chicagoland area. The formal ceremony for inductees was held at the Chicago Hilton and Towers on March 12.