John Murphy confronts $22M office foreclosure following tenant's unexpected departure
Wintrust Bank's $22.1 million foreclosure lawsuit against an entity linked to developer John Murphy's suburban Chicago office deal is at risk of becoming a failure due to a sudden tenant departure this spring.
![John Murphy stands outside foreclosed office building in [location], facing financial loss.](https://static.realestate.news/2024/9/9/995/CHI-John-Murphy-foreclosure-FEATUREIMG_v2.jpg)
DECA & Wildcat Capital Secure $135M for Perris Gateway Construction
Perris Gateway: DECA Companies and Wildcat's Joint Venture Secures $135M Construction Loan
Worthington Bank Announces $55M HQ Construction in West Fort Worth
Worthington Bank's Corporate Headquarters: A Milestone in Walsh Development
Worthington Bank, a Fort Worth-based financial institution, has made a significant move in the real estate industry by constructing its corporate headquarters at the Walsh develop
Hendon Properties: A Successful Venture at Brookhaven Station
SITE Centers acquires Brookhaven Station shopping center for $30.2 million in Atlanta's most expensive retail deal this year, as reported by Atlanta Business Chronicle.
Luxury Westhampton Beach Condos for Sale: Stunning Seaside Living from $990k
"Discover your dream home at The Townes at Ketchaponack! Our newly-approved offering plan for 37 condos in a Westhampton Beach townhouse community is now available for purchase. With spacious two-story units ranging from 2,000 to 2,300 square feet, you'll
Luxury Condo in Gold Coast Sells for $7.3M Amidst Hot Streak
JDL Development's No. 9 Walton has sold another ultra-luxury condo on its 19th floor, adding to a streak of high-end sales in Chicago's area.
Real Estate Week: August 26-30
Real estate transactions in Newport: August 26-30
Ralph Lauren's Spring 2025 Horse Farm for Sale at $15.25M
Designer's Spring Fashion Show at Khalily Stables: A Paradise for Horses and Fashion Enthusiasts
Khalily Stables, a haven for equine lovers, will host a designer's spring fashion show featuring 27 horse stalls, 15 grass paddocks, and two riding arenas.
Richland to construct 1,700 Inland Empire homes near ancient tree
The Art of Deal Making: A Win-Win for All
St. Regis Brickell Site Sold for $100M
Integra Investments has sold its St. Regis Residences development site in Miami to a joint venture formed with Related Group, a Downtown Miami-based company led by Paulo Tavares de Melo.
Stunning Norfolk Condo for Sale: $899k. Explore Inside Now!
Former NFL quarterback invests $65,000 in home renovations.
Mid-Century Marvel: A Landmark in Luxury Contracts
Brooklyn Heights' Luxury Market Soars: 48 Willow Place Tops $12 Million Mark
Westlake's ED1 Taps Six Peak for Double Unit Count Boost
Westlake District of Los Angeles: Six Peak Capital's Ambitious Plan to Expand Residential Units
Historic Phoenix Office High-Rise Faces Looming Foreclosure Threat
Downtown Phoenix's Heard Building may become the next victim of the value reset affecting central business districts nationwide.
Real Estate Collaboration: Gina Kirschenheiter & Travis Mullen
Travis Mullen and girlfriend Gina Kirschenheiter celebrate their latest real estate achievement together. Find out more about their exciting journey here!
Retail Boom: Will Value-Add Shopping Mall Attract a Buyer?
Ingram Park Mall in San Antonio's Northwest Side is up for sale due to financial instability in recent years. Morgan Stanley affiliate has hired a brokerage to find a buyer for two portions of the five-anchor, 1.1 million square foot mall.
Mortgage Rate Expectations: A Shift in Consumer Sentiment
A recent Fannie Mae survey reveals a pessimistic outlook on homebuying, but offers a glimmer of hope for declining rates and prices, with regional disparities in selling perspectives.
Fisher Island townhouse sells for $20M to healthcare app owner
Tony Hai and his wife Karyn Hai secured a buyer for their luxurious 6,051-square-foot home, complete with four bedrooms and four-and-a-half bathrooms.
Home Prices Drop in These Cities: Exclusive Report
Homeownership in three US metros sees a slight drop in prices, according to Realtor.com data.
Lichtenstein's Hamptons Estate for Sale: A $20M Masterpiece Awaits
Roy Lichtenstein's Southampton home at 50 Gin Lane is up for sale for $20 million after being vacant for over 50 years. This is a rare opportunity for art enthusiasts to own a piece of pop art history.
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