News / Features

Mansion from The Godfather for Sale

Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

MPC Strengthens Team with Addition of Nancy Firfer

The Metropolitan Planning Council (MPC), a Chicago-based nonprofit dedicated to shaping a more sustainable and prosperous greater metropolitan region, is pleased to announce that Nancy Firfer, former senior advisor with Chicago Metropolis 2020, and former president of the Village

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

Pat Bialek Named President and CEO of Vanguard Community Management

Vanguard Community Management is pleased to announce the appointment of Patricia A. Bialek, CFM, AMS, CMCA as president and CEO. Bailek is responsible for the oversight of Vanguard’s entire Chicago suburban portfolio, which consists of more than 260 community

Koenig & Strey Real Living Evanston Office Moves to Central Street

The Evanston office of Koenig & Strey Real Living announces that they have relocated to 2110 Central Street. The agents and staff of the Evanston Office, previously located on Greenbay Road, will fit right into the Central Street

Chicago Office of Sperry Van Ness Completes First Auction

Sperry Van Ness, LLC (SVN), located in downtown Chicago at 112 S. Sangamon, is pleased to announce the completion of their first commercial property auction in the Chicagoland area. The full service commercial real estate firm auctioned a 5,770

Founder of James McNaughton Builders Passes

James McNaughton, president and CEO of James McNaughton Builders, has died. McNaughton established his company — which specializes in new, single-family, luxury custom homes in Hinsdale, Oak Brook and Burr Ridge — on the premise that the homes he

RE/MAX Cornerstone Celebrates Grand Opening of New Office

RE/MAX Cornerstone of West Chicago recently celebrated its move to a new office at 480 E. Roosevelt Road with a day of grand opening festivities. The new facility includes 2,200 square feet of office space plus a 1,000-square-foot conference

Ferris Bueller House Sits on Market

By Jessica Bollman Who can forget one of the most memorable movie moments in history – a red 1961 Ferrari rolling through a glass garage window and falling to its demise in a

Urban Partnership Bank Appoints New Commercial Real Estate Leader

William Farrow, president and CEO of Urban Partnership Bank announced today that Levoi K. Brown, 33, formerly a director in asset management with General Electric Real Estate has joined the bank as the new director of commercial real

Keller Williams Gold Coast Launches Commercial Division

One of the city’s most dynamic real estate offices, Keller Williams Gold Coast has announced the formation of their new commercial division, KW Commercial Metropolitan. Under the direction of Managing Broker Craig Hogan and led by Managing Director Matthew

Jameson Real Estate to Represent Sotheby’s International Realty Brand

Sotheby’s International Realty Affiliates LLC today announced that Jameson Real Estate in Chicago has signed an agreement to join its luxury real estate network and will be re-branding its operation as Jameson Sotheby’s International Realty within the next days

Legum & Norman, Mid-West Adds Wolfram Towers to Client Portfolio

Legum and Norman (L&N), Mid-West, is pleased to announce the addition of Wolfram Towers to its client portfolio. L&N, Mid-West will now provide full management services, including financial services, property management, communications, record-keeping and administrative management to Wolfram

Panduit Wins Excellence in Engineering Award for New World Headquarters Building

Panduit Corp., a global leader in Unified Physical Infrastructure (UPI) based solutions, was awarded ASHRAE’s Illinois Chapter’s Excellence in Engineering award for their incorporation of sustainable design elements in its new World Headquarters building. The award honors the most

Former Montana Property of Unabomber Ted Kaczynski Listed

By Tom Butala Northwest National Real Estate has boasted the opportunity to  “own a piece of infamous U.S. history” in their listing of the former residence of Unabomber Ted

FHA Issues Guidance for Reverse Mortgage Borrowers

The Federal Housing Administration (FHA) yesterday released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance is

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