Top Stories From Around The Web

• New Floor Plans Debut At Mill Creek In Geneva

  ShoDeen Residential has rolled out new single-family home designs at three developments in Mill Creek, a master-planned golf course community in Geneva.
  Chicago Tribune - May 22
  
  

• Chicago Businesses Share Pain, Though Some Gain, During NATO

  Imagine what Chicago would be like with snow days in May. Downtown might look the way it did during the NATO Summit.
  Chicago Sun-Times - May 22
  
  

• Troubled Retail Component Of Downtown Chicago Project Gets $145M Loan

  Canyon‐Johnson Urban Funds and McCaffery Interests, the owners of the Roosevelt Collection in Chicago’s South Loop, have closed on a senior loan, being reported as $145 million, with Prime Finance…
  Commercial Property Executive - May 22
  
  

• Economy Watch: Economists Less Dismal About Economy, Chicago Fed’s Index Rises

  In its May 2012 Outlook, which was released on Monday, the National Association of Business Economists was a bit more optimistic than the previous survey, published in January.
  Commercial Property Executive - May 22
  
  

• South Loop’s Roosevelt Collection Borrows $145 Million

  The owner of the Roosevelt Collection mixed-use project in the South Loop has borrowed $145 million as it courts tenants for the property’s mostly empty retail space.
  ChicagoRealEstateDaily.com - May 22
  
  

• Suburban Apartment Rents Rise To All-time High

  Suburban apartment landlords got off to a solid start in the first quarter, adding new tenants and hiking rents to an all-time high.
  ChicagoRealEstateDaily.com - May 22
  
  

• Foreclosure Suit Hits Vintage Loop Building

  The owner of a vintage Loop office building has been hit with a $12.7-million foreclosure suit on a loan made shortly before the real estate crash.
  ChicagoRealEstateDaily.com - May 22
  
  

• East Loop Apartment Tower Near Groundbreaking

  Developers Tony Rossi and Tom Moran are getting ready to break ground on a 332-unit apartment tower in the East Loop, the ninth new rental project in a downtown construction wave that will test the ma…
  ChicagoRealEstateDaily.com - May 22
  
  

• Ivanhoe, Hines Announce $300M Chicago Office Tower To ‘Satisfy Pent-Up Demand’

  In the first major office-construction project in Chicago for the past five years, Ivanhoe Cambridge has announced plans to complete a 45-story, $300 million tower on the city’s riverfront at 444 W.
  Commercial Property Executive - May 22
  
  

• ‘Vertical Campus’ For Downtown Chicago University Enters New Student-Housing Territory

  Even as commencement season peaks across the country, Roosevelt University in Chicago has its institutional eyes focused on an ambitious — some say risky — building project that’s starting to co…
  Commercial Property Executive - May 15