News
Chicago Commercial Real Estate

ROBERTA FLACK WAS HERE

Podolsky Northstar CORFAC International's  Randy Podolsky  and Adam Tarantur (here with colleague Jon Homsher) are selling two mortgage notes secured by the former Purple Hotel in downtown Lincolnwood. Randy says the village is looking for a buyer that can make the current building, which some consider an eyesore, into a functional space to match its planned downtown. The structure of the once-famous hotel that once drew in performers like Perry Como and Roberta Flack still sits on the  5.3-acre site, but it was foreclosed on last year.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building