Chicago (20)

Condominiums: Deconversion (IL)

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Attached is my new Practice Note published by Practical Law Real Estate discussing Condominium Deconversion under the Illinois Condominium Property Act (the “Act”). I […]

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Contesting Section 15 Sales – The Table is Set to Hold Board Members Liable

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. As an active participant in the Chicago area condominium deconversion world, I hear a lot of nonsense from Board Members and their attorneys. To […]

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DASS v YALE Overruled – Manager and Member Immunity No Longer the Law

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. For all attorneys and others planning for or litigating liability issues in relation to Illinois limited liability companies BEWARE that important substantive amendments to […]

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Past-Due Rent Owed to Prior Landlord Not Recoverable by New Owner

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. In 1002 E. 87th Street LLC v. Midway Broadcasting Corp., 2018 IL App (1st) 171691, the plaintiff (“87th Street”) filed suit to evict the […]

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Illinois Condo Deconversion – Challenging Unauthorized Board Action – A White Paper Supplement

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. By: R. Kymn Harp “The board of managers shall exercise for the association all powers, duties and authority vested in the association by law […]

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OPPORTUNITY ZONE INVESTMENT – 2019 – In a Nutshell

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Opportunity Zones are among the hottest of Hot Topics in real estate investment today.  With the December 22, 2017 enactment of the Tax Cuts […]

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AIR RIGHTS DEVELOPMENT – Chicago, Illinois

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. WHY DEVELOP AIR RIGHTS? Prime commercial land is limited. Prices per square foot can be astronomical. Demand for efficiency to maximize return on investment […]

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A PASSION FOR (REAL ESTATE) BUSINESS

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Lawyers are like most other business professionals. We want your business and we want your referrals – we just don’t always know the best […]

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Before Closing: Consider a Sec. 1031 Tax Deferred Exchange

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. If commercial real estate is being sold and the seller is planning to buy again, the seller should seriously consider a tax-deferred exchange. So […]

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Illinois Condominium Deconversion – a White Paper

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. ILLINOIS CONDOMINIUM DECONVERSION Getting It Right An Overview By: R. Kymn Harp WHAT IS A CONDOMINIUM DECONVERSION? The term “Condominium Deconversion” is not a legal […]

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Your Real Estate Contract – Two Points to Consider

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Two Things You Need to Know R. Kymn HarpRobbins, Salomon & Patt, Ltd. As my readers know, I often represent real estate investors. When […]

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EXERCISING REAL ESTATE OPTIONS

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. WHEN EXERCISING REAL ESTATE OPTIONS – Strict Compliance is Your Only Option Options affecting real estate are commonly found in two circumstances: options to […]

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JOIN US at #CRETrends2019

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Tuesday, September 10, 2019One North Wacker Conference Center – Chicago (UBS Tower)and Live Webcast About this Program The post JOIN US at #CRETrends2019 appeared […]

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SECTION 15 SALE – BREACH OF FIDUCIARY DUTY BY CONDO BOARD?

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. SECTION 15 SALE – BREACH OF FIDUCIARY DUTY BY CONDO BOARD? Here’s the Problem with that Theory . . . A sale of property […]

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Outside Investors and the Real Estate PPM – A Critical Step

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. It is not uncommon for commercial real estate investors to pool their funds for real estate investments. To obtain project financing, equity requirements remain […]

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I HAVE A NEW PLAN FOR 2017 – I HOPE YOU’LL JOIN ME

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. Greetings! I have a new plan for 2017. I hope you’ll join me. One of the great challenges of updating a blog focused on […]

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NEW BOOK – Illinois Commercial Real Estate

This post originally appeared on tBL Marketplace Partner R. Kymn Harp's blog - HARP - on this and is republished with permission. Find out how to syndicate your content with theBrokerList. I’m happy to announce that the website for my new book, Illinois Commercial Real Estate is now live.  Visit www.Illinois-CRE.com for a book excerpt. […]

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The Shred Authority Purchases Industrial Building in Alsip, IL for $1.1M

CHICAGO–May 21, 2014– After three years of vacancy, a 42,500 SF industrial building located at 4101 W 124th Place in Alsip has been sold to The Shred Authority, a professional paper shredding service, specializing in secure document and data destruction and storage. Beverly Hayes of Sperry Van Ness, LLC represented the purchaser, while Robert Barr […]

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In Praise of Developers

Did I happen to mention I love Real Estate Developers? Not like I love my wife or my kids, or even my dog, but Real Estate Developers are definitely among my favorite people. Think about it. Real Estate Developers are like Gods. [Well, miniature gods, at least.] They create much of the physical world we […]

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Duke Long Announces CRE Emerge Event

Guest Blog Post feature is a new idea we are trying to give all of our members an opportunity to share an article on theBrokerList blog. Since our project is open to the public via online search, writing a blog article about an area of expertise is a great way to brand you and your firm. Thanks […]

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