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Local investors Jeffrey Malk and Jimmy Oppenheimer paid $43M for the building, which family office Berger Realty Group has ...
Gold Coast new apartments hit 'lowest supply ever seen' with no price relief in sight. ... [Beach] south and to the north is almost nothing", emphasising the need for "more affordable product".
The report found apartment sales in the Gold Coast in December rose to 290 – 73 of which were in the city’s south – up from 180 in the previous quarter. There were 1041 sales over the full ...
Rents at the Gold Coast’s 61 Banks Street apartments will start at $7,200 per month. The eight-story development fills the neighborhood’s last undeveloped lakefront parcel.
The Gold Coast property had generated $2.3 million in net cash flow before debt payments in the 12 months ended Sept. 30, 2021, well below the amount needed to cover its debt service, according to ...
A Gold Coast parking lot at 61 E. Banks Street—the city’s only undeveloped lakefront parcel between Diversey Avenue and the site of the defunct Chicago Spire project—won’t be around for ...
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