Tag: developers

Developer's Closeouts In The South Loop's Columbian - Good Deals?

Kind of boring
As I mentioned last week I recently got an email promoting the high cooperating commissions being offered by The Columbian at 1160 S Michigan, in Chicago’s South Loop. As I’ve previously posted, such offers don’t make a lot of sense to me and reek of desperation so I was very interested to attend their open... Read more »

Crain's: Huge Reduction In Downtown Developer Condo Inventory

Yesterday Crain’s reported a huge decline in the inventory of unsold condos in downtown Chicago – half of what it was two years ago. What drove the decrease? Canceled projects and discounting. According to the article “Downtown builders sold 256 condos and townhomes in the first three months of the year, up from 148 in... Read more »