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Real estate news in Chicago

Working Today to Retire Tomorrow

By Bob Corcoran Imagine for just a minute that the year is 2020 – the year you’ll be retiring from real estate. That might sound like a long time, but it’s only 12 years.

The clock strikes 5 p.m. and

Chicago Area Entrepreneurship Hall of Fame Inductees Announced

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

Lucien Lagrange Names Four New Principals

Chicago-based Lucien Lagrange Architects (LLA) has promoted Tim Hill, James Kemper, Alfredo Marr and Heather Weed to principal. They join founder Lucien Lagrange and Wayne Miller, named co-managing principal in 2007, on the firm’s leadership team. Hill, previously associate

Prudential Preferred Receives Gibraltar Circle Award

Prudential Preferred Properties received the Gibraltar Circle Award from Prudential Real Estate Affiliates at the Prudential Sales Conference 2008, held March 16-18 in New Orleans. The Gibraltar Circle Award is presented to the Top 50 companies in the Prudential

April Marks 40th Anniversary of Fair Housing Act

Governor Rod Blagojevich has declared April 2008 as Fair Housing Month in Illinois, urging all citizens to embrace diversity and acknowledge the 60,000 members of the Illinois Association of Realtors for their role in educating the public about their

Hyde Park Bank Launches Mortgage Division

Hyde Park Bank recently announced the launch of its mortgage lending division. The mortgage lending team will be led by Chad Boulanger, who will serve as vice president director. Jo Ann Grayson and Chris Knapp, the former management team

Keller Williams Enters Luxury Homes Market

Keller Williams Realty announced that it will be launching a new division of the company dedicated to serving the high-end home market. The new venture, introduced at the company’s recent annual Mega Camp event, is the product of more

Vol. 5, Iss. 6, You Tell Us: In today’s market, what is the most important thing buyers are looking for in new construction projects?

Katrina “Kat” Schmitt Broker Associate Streeterville Properties Near Northside/Goldcoast Due to recent media reports regarding the real estate market, I have encountered buyers expecting incentives who try to negotiate on new construction projects. Developers are not always willing to

Vol. 5, Iss. 6, Agent About Town: CA Knows How to Party

By Agent X Did you hear the extremely loud noise coming from the loop last Tuesday night? It was the sound of over 250 Realtors kicking off the Spring new construction selling season at Chicago Agent’s event at the

Trump Tower Approaches 100th Closing

As of March 17, Trump International Hotel & Tower, Chicago has closed more than 100 hotel condominiums within approximately one month. This means the building has already closed on 50 percent of its sold hotel condominiums. According to Leah

Century 21 Pro-Team Raises $52,198 for Easter Seals

Throughout 2007, Century 21 Pro-Team’s sales associates were involved in a year-long charitable effort designed to benefit local Easter Seals recipients. As a result of their work, Century 21 Pro-Team has announced that they have exceeded their 2007 donation

Vol. 5, Iss. 6, Agent Snapshot: Mike Windish

Century 21 S.G.R. Inc. Near South Side What was your first job in the realty industry? I joined Century 21 S.G.R. Inc. in 1996 and have been with them ever since. Who inspires you? The management team in my

Vol. 5, Iss. 6, Associations: New Construction: Good for Business, Great for Chicago

By Ginger Downs, RCE, CAE, IOM Chief Executive Officer Chicago Association of Realtors We are ever mindful of the difficulties our current economic situation presents with regards to financing new construction, and the challenges facing our industry today. Additionally,

Vol. 5, Iss. 6, Associations: Working With Commercial Tenants

By Carrie Kreydick and John-Paul Wolfe Working with commercial tenants can be a challenging experience, even if you have sold or leased commercial properties in the past. Transaction timelines can easily span more than a year from the initial

Vol. 5, Iss. 6, Cover Story: Spring New Construction

Welcome to Chicago Agent’s Spring New Construction Issue. This season’s listings include tons of single-family homes, condominiums, duplexes, rowhomes, townhomes and almost anything else your clients can imagine. We’ve brought you listings from Bourbonnais to Elgin, and have touched

Vol. 5, Iss. 6, Developer Resume: Joel Kogen, Daniel Zivin, Suzy Kogen-Friedman and Steven Friedman

Kogen-Zivin-Friedman Development Inc. (KZF) Background: Suzy Kogen-Friedman and Joel Kogen- Founding co-principal of KZF, Kogen-Friedman attended Drake University and is the fourth generation to operate the building, construction and property management company originally started by her great grandfather. Over

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