Radio gadfly Joe Aldeguer – you know him from WLS as “The king of real estate! The wizard of creative thinking! The master of making the deal!” – has closed his suburban mortgage-lending business, the Mortgage Exchange, and faced foreclosure on two of his own properties.
Harris Bank filed foreclosure cases against Mr. Aldeguer to collect [...]

When it comes to commercial real estate, Chicago and its suburbs are doing better than the nation as a whole. But two recent reports depict the market for office space here as less than vigorous.
“All market fundamentals in Chicago appeared to be losing steam during the second quarter as leasing activity slowed, vacancies rose and [...]

With the year half over, it’s time to take the pulse of office and industrial real estate.
Yes, there’s a pulse, but it’s growing a bit erratic.
Downtown Chicago’s market for office space looks healthy. According to the global real estate service firm UGL Equis Corp., 12.4 percent of downtown office space was vacant in the second [...]