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Parkview Financial provides loan for new apartment building in Dunning May 4, 2021 Parkview Financial announced today it has provided a $9.76 million construction loan to a joint venture of Noah Properties and MPM Holdings for the ground-up construction of 48 apartment units and 10,400-square-feet of ground floor retail located at 6336 to 6360 West Belmont in the Northwest submarket of Chicago, IL.  With this loan, construction has now commenced and completion is anticipated for late 2021. The two-building, four-story, elevator-served project will be situated on ...

Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords. The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance. “With so much delinquent rent, many housing providers lack the funds to continue to maintain their p...

Order Reprints Print Article The home was built in 1936 by architect William Pereira, who went on to design buildings like the Transamerica pyramid in San Francisco. MATT MANSUETO PHOTOGRAPHY Text size A “blue-ribbon” property in an upscale Chicago suburb is heading to market for $18 million. Originally the estate of former Pabst Brewing Co. president and chairman Harris Perlstein, the Georgian-style home in Glencoe, Illinois, has been gut renovated over the last three years, according to owner and designer Anita Lisek. “We had to ...

Matt Mansueto Photography The married pair of real estate developers who bought the grand Pabst mansion in Glencoe in 2017 have just completed an extensive rehab of the house and are putting it on the market at $18 million. The house, built for the head of Milwaukee’s Pabst brewing company, is set well back from Sheridan Road behind stone gates on 2.4 acres. The entire 20,000-square-foot interior is new, while the historical limestone shell, designed by a Chicago architect who would go on to build some of the most notable modern buildings in all three of California’s largest cities, has b...