At $35 million, this condo deal was ‘quite an adventure’ (IL deconversion)

The Clark Place condominium tower in Lincoln Park is an apartment building once again after a $35 million deal to buy out its owners.  Strategic Properties of North America has completed its acquisition of the 133-unit building at 2625 N. Clark St., a former rental property that was converted to condos in 2005. It is possibly the biggest condo deconversion so far in Chicago—and a difficult one to pull off because Strategic had to deal with so many sellers.    Read the article…………..


Related Articles

Smoke seen for miles in Bloomfield Hills (MI) condo fire

Condos in Bloomfield Hills burned Sunday, and The Oakland Press is working to learn more about this fire.  Readers reported

Walden Lake Community Association (FL) votes to fight golf course development

he board of the association that represents Walden Lake’s homeowners has voted to join the legal fight against proposed development

Neighbors share concerns about Forks Township group home (PA)

Residents and neighbors of Forks Township’s Chestnut Commons, a condominium development, rallied to oppose a group home for the disabled