March 10, 2010 - If you haven’t already heard of the Randolph Tower City Apartments you probably will be soon. That’s the name of a proposed Chicago real estate conversion project that would turn an office tower, located on 188 West Randolph and once known as the Steuben Club Building, into an apartment tower with […]
Archive for the 'News' Category
March 9, 2010 - For those of you planning on attending the Prairie Pointe condo auction this Sunday, we have some more details about the units going up for bid. Remember that the auction event is being conducted by Inland Real Estate Auction on Sunday, March 14th at the Chicago Hilton on 720 South Michigan […]
Higher Credit Score, Down Payment For FHA Mortgages
Published by January 20th, 2010 in News and Real Estate.January 20, 2010 - We told you about the new rule change that would allow buyers who want to purchase a previously foreclosed home from a flipper to get an FHA backed mortgage before the old 90 day wait period. Now we have news about more changes concerning qualifying rules for FHA loans.
It will […]
January 16, 2010 - A few posts ago we told you that Fannie Mae was allowing faster offers on REOs. Now the Housing and Urban Development department has changed some of the FHA rules regarding the resale of foreclosed Chicago condos and homes. This is an effort to make it easier and faster for a […]
310 Apartments Planned For Historic Tower On 188 W Randolph
Published by January 13th, 2010 in News and Real Estate.January 13, 2010 - If Chicago real estate developer Village Green Cos.
has their way, they’ll be able to convince the Illinois Housing Development Authority to issue tax-free bonds to complete the renovation of 188 West Randolph into an apartment tower. In exchange for the bonds, 20% of the planned 310 Chicago apartments would have […]