Good News in CRE: October
October 13, 2021
Our firm continues to see an increase in medical real estate activity, especially as hospital organizations trend toward a hub and spoke model.
Author: Susie Farmer
Medical Real Estate Prioritizes Hub and Spoke Strategy
October 4, 2021
Over the past three decades, the Chicago suburbs have seen a trend emerging in the medical real estate industry; the push towards a “hub and spoke” model. In this concept, hospitals are the central hub, and outpatient and surgery centers, as well as preventative care offices, are the spokes to the system
Good News in CRE: September
September 11, 2021
•This month the SBA opened the application portal for an increase in the COVID EIDL. Previously capped at $500,000, now businesses can apply for up to $2M in funding. The loans have a 30 year amortization with a 24 month deferment option and can be used to pay, or even prepay, commercial debt.
Good News in CRE: August
August 27, 2021
Illinois is now accepting applications for the $250 million Back to Business grant. Businesses that have suffered economic hardship due to COVID-19 can now apply for a grant ranging from $5,000 to $150,000.
Good News in CRE: May Recap
June 7, 2021
The former Maywood Park Racetrack has been repurposed as the Chariot Logistics Center with the name paying tribute to the racetrack where races were held until 2015. Approximately 42,000 tons of concrete were reclaimed from the site.
ODCRE in the News: Investors to turn Pheasant Run into industrial park
April 28, 2021
A shuttered golf course next to DuPage Airport is teed up to become a big industrial project after being sold to a developer looking to cash in on surging demand for warehouse space.
O’DONNELL COMMERCIAL REAL ESTATE, INC. AND COLLIERS INTERNATIONAL SELL 85 ACRE PHEASANT RUN GOLF COURSE
April 20, 2021
O’DONNELL COMMERCIAL REAL ESTATE, INC. AND COLLIERS INTERNATIONAL SELL 85 ACRE PHEASANT RUN GOLF COURSE
Relocation Checklist with Moving Timeline for Businesses
April 11, 2011
Many businesses do not have a designated internal real estate personnel to manage the expansion or relocation process. Therefore the burden of a move is placed on a current staff
Using an Attorney to Finalize a Commercial Real Estate Transaction
April 5, 2011
When contemplating a commercial real estate transaction, it is necessary to establish a relationship with a number of service professionals. These people should be experts in their field and able to help guide the process. In addition to a commercial real estate broker, an attorney is a necessary part of a successful transaction.
Location, Location, Location
March 8, 2011
Following shortly after budget and spacial needs (square feet), location is very important to many prospects when looking for a new office, retail site, or industrial building. However, it is not just the physical location of the site that is important, factors like demographics, accessibility, visibility, and proximity to referrals/competitors are very important.