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State and Local Government › Real Estate Transactions › Tenants

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

Hahn Loeser & Parks LLP on

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Ballard Spahr LLP

Five Things Every Office Building Owner (and Its Lender) Should Consider

Ballard Spahr LLP on

The drumbeat of the challenges facing almost every corner of the office building market should be loud and clear to owners and lenders. For some, the current situation is dire, while for others it will likely worsen in the...more

Sands Anderson PC

Reasons Why a Real Estate Transaction with a Local Government May Take So Long

Sands Anderson PC on

When an Industrial Development Authority, sometimes called an Economic Development Authority (IDA/EDA), purchases or sells real property, the transactions look much like any transaction with any other entity landowner....more

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