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

Westchase’s Hurricane Heroes and Helpers (FL)

In the aftermath of Irma, we asked for Westchaers’ hurricane heroes and helpers.  And you responded with dozens of names! 

California Court of Appeal Opens the Door for Construction Defect Claims Outside of SB800

On August 28, the California Court of Appeal ruled that SB800 (Civil Code sections 895 through 945.5, the “Right to

Dozens displaced in partial roof collapse at Hooksett (NH) condos

Dozens of residents will be displaced for weeks or longer after the roof on their 30-unit condominium building partially collapsed