Articles About Hotel

More than $108 billion of commercial properties in the United States are now in default, foreclosure or bankruptcy.   That preliminary statistic is nearly double the amount reported at the start of 2009, according to New York-based Real Capital Analytics, Inc. At the end of June, 5,315 buildings were reported to be in financial distress.  Hotels […]

Chicago’s iconic post office that straddles the Eisenhower Expressway has been vacant since a new facility replaced it in 1995, and the U.S. Postal Service has decided it’s time to sell the deteriorating structure at 433 West Van Buren Street. On August 27, the Postal Service will auction the 77-year-old, 3,000,000 SF, 14-story building.  The […]

One11 West Illinois Street is on the cover of  the Spring issue of Development magazine, published by the National Association of Industrial & Office Properties. The Development article highlights the building’s unique positioning as Class-A-to-own office space that lets businesses own their space in a building with the quality of a premium-priced skyscraper – but […]

Dear Friends, Welcome to Alter NOW, our company’s brand new blog. We hope you’ll find it informative as we set out to chronicle the important trends underway in our industry. We hope to keep this free from sales and marketing language and simply use it as a way to start a dialogue with the stakeholders […]