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Real Estate and Development

Ricketts buy office property next to Wrigley Field

Chicago-area home sales, prices improve in April

Palmer House Hilton put up for sale

Two Loop office towers to sell for more than $500 million

Industrial landlord refinances suburban portfolio

Law firm expands at Prudential Plaza

CHA sets new course with Plan Forward

The Chicago Housing Authority’s new strategic plan envisions a bright future for public housing in the city, but some residents wonder if the agency is just replacing old promises with new ones.

Officially adopted at CHA’s Board of Commissioners meeting on Tuesday, the initiative, dubbed the “Plan Forward: Communities that Work,” marks the next step in the agency’s vision for public housing in Chicago.

25K in Illinois benefit from mortgage settlement

Developers start 216-unit apartment building in West Loop

Cost to build affordable housing in Chicago on the rise

The cost of building affordable housing units in Chicago is on the rise, while at the same time there is less public money to finance those projects, according to the city’s Department of Housing and Economic Development.

The findings were disclosed at a meeting on Tuesday of the City Council Committee on Housing and Real Estate, where DHED released the city’s first quarter affordable housing progress report.