Category: commercial real estate

Some hope from a Chicago transplant

Cleveland isn’t nearly as bad a place to live as its reputation suggests. Michael Glass calls himself a Chicagoan. “I was born and raised in Chicago,” he told me during a recent interview. Today, though, Glass lives and works in Cleveland. Don’t joke. Cleveland is a much better place to live than you might think.... Read more »

Richard Stein: Chicago has the right stuff for a housing, economic rebound

Richard Stein Richard Stein is a realist. He also knows his real estate. He’s senior managing director of Chicago-based commercial real estate developer Mesirow Financial, so when he says that Chicago’s housing market and economy are poised to boom again once the nation’s economic recovery picks up more momentum, I believe him. The problem is,... Read more »

Paul Beitler: Frugal consumers don't help the economy, or real estate

J. Paul Beitler Because I’m the editor of a real estate trade magazine I often get to speak with influential leaders in the world of real estate. This morning I spoke with J. Paul Beitler, president of Chicago-based Beitler Real Estate Corporation, one of the more influential commercial real estate companies in the country. You... Read more »

Turning a warehouse into a hockey rink: Creativity is the key in today's real estate world

The building's exterior
For my day job as editor of Midwest Real Estate News I recently wrote a story about a construction company in St. Louis turning an office/warehouse building into an ice hockey rink. The company, ARCO Construction, rented out about 30,000 square feet of their facility to a youth hockey team. Of course, this being a... Read more »

Why residential real estate is killing the economy

Thomas Dennard Technically the Great Recession is over. It just doesn’t feel like it. There are two reasons for this: Unemployment is too high and the housing market is still in the dumps. That’s my feeling, anyway. The unemployment thing is pretty easy to understand. People don’t feel financially stable if they’re worried that they... Read more »