Commercial Real Estate

Assessor Fritz Kaegi Shifts Property Tax Burden to CRE

Cook County Assessor Fritz Kaegi says its time for commercial owners to pay up

Kaegi has been implementing assessment methods to shift burden away from homeowners

Chicago Hotel Landlord Su-Mei Yen Facing Lawsuits

Hotelier Yen accused of dodging investors, debt restructuring firm, tax attorney

Su-Mei Yen’s real estate and lodging operations have so far avoided losing three hotels to foreclosure, but lawsuits are piling up

T5 Data Centers Buys Suburban Chicago Land for $17 Million

T5 Data Centers drops $17M advancing Grayslake assemblage

Developer with data center plan bought out longtime owners of vacant 89 acres in northern Chicago suburbs