Parkway Properties, Inc. announced the closing of the fee simple sale of the Capitol Center office property, located in Columbia, South Carolina. Capitol Center is a 460,000 square foot property that was 97.5% occupied as of September 1, 2008. The gross sales price was $47.5 million and represents a capitalization rate of approximately 9.5% on twelve months projected cash net operating income from the date of closing. Parkway received net cash proceeds...
Solidifi Inc., a leading technology-based provider of collateral valuation and risk management services to the mortgage lending industry, announced that expansion to nationwide appraiser coverage is ahead of schedule. Response from experienced appraisers coast-to-coast since Solidifi launched its registration process less than two weeks ago surpassed initial goals and is driving the development of the fastest growing network of quality appraisers...
James S. Metcalf, President and COO of USG Corporation, a leading building products company, will speak on Thursday, September 18, 2008 at the CL King & Associates Best Ideas Conference 2008 at the Omni Berkshire Place Hotel in New York. The presentation is scheduled to begin at approximately 8:30 a.m. Eastern Time. A live Webcast of the presentation may be accessed from the investor information page of the USG Corporation Website at http://investor.usg.com....
This sprawling district is set along the landscaped boulevards of Logan Square and remains one of the finest sections of the City’s park boulevard system. The district’s buildings are well crafted in a variety of architectural styles. This large single-family masonry residence was built in the early 20th-century with Prairie and Craftsman features. The owners rebuilt a portion of the side masonry wall that had lacked adequate foundations and constructed...
Located in Lincoln Park on the city’s north lakefront, this building is an excellent and unusual surviving example of Chicago park architecture. Built in 1888 and designed by important architect Joseph L. Silsbee, the comfort station draws from the tradition of Victorian-era picturesque architecture. The Lincoln Park Zoo undertook the renovation of the building, and the project was funded in part with a Save America’s Treasures grant administered...

The seven grand mansions on the 1200- and 1500-blocks of North Lake Shore Drive are rare survivors of what was a prestigious residential street in late-19th century and early-20th-century Chicago. The residence at 1530 Lake Shore Drive was built in 1916 for Bernard Albert Eckhart, a prominent businessman, philanthropist, and politician. The architect, Benjamin H. Marshall, was renowned for the designs of the Blackstone Hotel, the South Shore Country...
The East Village District contains nearly three hundred properties built between the early 1880s and the 1920s. This ensemble of buildings consists primarily of two- and three-flats as well as single-family houses and multi-family residential buildings. The area was home to German, Polish, and other European immigrants who settled in the area throughout the late 1800s and early 1900s. The owner of this property removed a non-historic 2-story front...
Famous for being the first planned industrial town in America, Pullman was built to provide modern, safe, and well-built housing for employees of the Pullman Palace Car Company. Park Bank Initiatives, a bank-affiliated non-profit community development organization, purchased the house and carriage house in foreclosure and renovated them for affordable housing. The project included masonry repairs, installation of new wood windows and new wood porches...
The mansions of magnates, the hotel of presidents, the turn-of-the-century homes of Chicagoans, and other community treasures have recently been restored with special attention to historic architectural features. These and other Landmark buildings and their owners, 22 in all, honored today with the Chicago Landmark Award for Preservation Excellence. ADVERTISEMENT “It’s an honor to recognize these outstanding citizens who are truly dedicated...
Whistler Crossing, an innovative 132 unit residential development located in Riverdale, Illinois, will be celebrating its grand opening on Thursday, August 21st at 10 AM at 13711 S. Lowe Avenue. Holsten Real Estate Development Corporation, Turnstone Development and the Village of Riverdale are hosting the celebratory event. This exciting new rental development is the cornerstone of a five-year revitalization effort to replace the dilapidated and crime...