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Events

Thu, Oct 17, 9:00am – 5:00pm

CAI: M-206 Financial Management

Thu, Oct 17, 9:00am – 5:00pm add to calendar 17-10-2019 09:00 18-10-2019 17:00 America/Chicago CAI: M-206 Financial Management Learn how to best manage your association’s money. This course gives you the tools to understand and apply the principles of financial management to your community association. You’ll learn the entire budget process, from identifying line items to reconciling accounts to gaining board approval. You’ll also learn how to analyze and report on association finances. For information, visit www.caionline.org. CAI Illinois Chapter Office, 1821 Walden Office Square, Suite 100, Schaumburg, IL MM/DD/YYYY

CAI: M-206 Financial Management

Learn how to best manage your association’s money. This course gives you the tools to understand and apply the principles of financial management to your community association. You’ll learn the entire budget process, from identifying line items to reconciling accounts to gaining board approval. You’ll also learn how to analyze and report on association finances. For information, visit www.caionline.org.

CAI Illinois Chapter Office, 1821 Walden Office Square, Suite 100, Schaumburg, IL map

Tue, Oct 22, 10:00am – 4:30pm

The Cooperator Expo Chicagoland

Tue, Oct 22, 10:00am – 4:30pm add to calendar 22-10-2019 10:00 22-10-2019 16:30 America/Chicago The Cooperator Expo Chicagoland A must attend for all board members, property managers, condo, HOA, & co-op decision makers and apartment building owners. Learn about the latest services from more than 300 exhibitors. Attend educational seminars, network with your peers and get free advice from industry experts. For information, visit www.fall.ilexpo.com. McCormick Place, Chicago, IL 60616, USA MM/DD/YYYY

The Cooperator Expo Chicagoland

A must attend for all board members, property managers, condo, HOA, & co-op decision makers and apartment building owners. Learn about the latest services from more than 300 exhibitors. Attend educational seminars, network with your peers and get free advice from industry experts. For information, visit www.fall.ilexpo.com.

McCormick Place, Chicago, IL 60616, USA map

Fri, Oct 25, 8:30am – 12:30pm

IREM Chicago: CPM Certification Exam

Fri, Oct 25, 8:30am – 12:30pm add to calendar 25-10-2019 08:30 25-10-2019 12:30 America/Chicago IREM Chicago: CPM Certification Exam The CPM Certification Exam tests all that you have learned through your education and experience in real estate management and ensures the integrity of the CPM designation. If you have completed the CPM education requirement, you are ready to take the CPM Certification Exam. Register online at irem.org. IREM Chicago Chapter Office, 2901 Butterfield Rd Oak Brook, IL MM/DD/YYYY

IREM Chicago: CPM Certification Exam

The CPM Certification Exam tests all that you have learned through your education and experience in real estate management and ensures the integrity of the CPM designation. If you have completed the CPM education requirement, you are ready to take the CPM Certification Exam. Register online at irem.org.

IREM Chicago Chapter Office, 2901 Butterfield Rd Oak Brook, IL map

Tue, Nov 5, 8:30am – 11:30am

Chicago Real Estate Showcase + Forum

Tue, Nov 5, 8:30am – 11:30am add to calendar 05-11-2019 08:30 05-11-2019 11:30 America/Chicago Chicago Real Estate Showcase + Forum TRD is hosting its Chicago Real Estate Showcase + Forum on November 5. This event will offer chances to network, scholarship opportunities, along with discussions on understanding Chicago’s luxury market and how the current political shift is impacting the industry. For information, visit https://therealdeal.com/event_single/chicago-real-estate-showcase-forum/. 610 S Michigan Ave, Chicago, IL 60605, USA MM/DD/YYYY

Chicago Real Estate Showcase + Forum

TRD is hosting its Chicago Real Estate Showcase + Forum on November 5. This event will offer chances to network, scholarship opportunities, along with discussions on understanding Chicago’s luxury market and how the current political shift is impacting the industry. For information, visit https://therealdeal.com/event_single/chicago-real-estate-showcase-forum/.

610 S Michigan Ave, Chicago, IL 60605, USA map

Tue, Nov 5, 6:00pm – 9:00pm

CAI-IL: Advanced Financials I: Monthly and Yearly Financials

Tue, Nov 5, 6:00pm – 9:00pm add to calendar 05-11-2019 18:00 05-11-2019 21:00 America/Chicago CAI-IL: Advanced Financials I: Monthly and Yearly Financials The purpose of this advanced course is to increase Board Member knowledge as it relates to a community association’s finances, overall financial stability and best practices in dealing with the multitude of money related aspects in a community. Topics include: The Budget Process; Monthly Accounting (bank reconciliations, check register, balance sheet, cash accounts, general ledger, etc.); Audits. For information, visit www.cai-illinois.org. CAI Chapter Office, 1821 Walden Office Square, Suite 100, Schaumburg, IL MM/DD/YYYY

CAI-IL: Advanced Financials I: Monthly and Yearly Financials

The purpose of this advanced course is to increase Board Member knowledge as it relates to a community association’s finances, overall financial stability and best practices in dealing with the multitude of money related aspects in a community. Topics include: The Budget Process; Monthly Accounting (bank reconciliations, check register, balance sheet, cash accounts, general ledger, etc.); Audits. For information, visit www.cai-illinois.org.

CAI Chapter Office, 1821 Walden Office Square, Suite 100, Schaumburg, IL map

Tue, Nov 12, 8:00am – 5:00pm

BOMA Chicago: Client Relationship Management Workshop

Tue, Nov 12, 8:00am – 5:00pm add to calendar 12-11-2019 08:00 12-11-2019 17:00 America/Chicago BOMA Chicago: Client Relationship Management Workshop Explore and practice the important concepts of client relationship management in this highly interactive one-day workshop. Students will learn strategies and skills that are crucial to business development and building long-term, mutually beneficial, trust-based relationships with clients and colleagues. Participants will learn how to analyze the way they approach relationships and how to better develop those relationships for the success of everyone involved. The course content will be presented through relevant case studies, fun role playing, informative videos and active discussions. Participants will leave the session invigorated and armed with practical ways to improve their professional and personal relationships. $250 tickets include breakfast and lunch. For information, visit https://www.bomachicago.org. 115 S LaSalle St, 8th Floor Conference Center, Room 806, Chicago, IL 60603, USA MM/DD/YYYY

BOMA Chicago: Client Relationship Management Workshop

Explore and practice the important concepts of client relationship management in this highly interactive one-day workshop. Students will learn strategies and skills that are crucial to business development and building long-term, mutually beneficial, trust-based relationships with clients and colleagues. Participants will learn how to analyze the way they approach relationships and how to better develop those relationships for the success of everyone involved. The course content will be presented through relevant case studies, fun role playing, informative videos and active discussions. Participants will leave the session invigorated and armed with practical ways to improve their professional and personal relationships. $250 tickets include breakfast and lunch. For information, visit https://www.bomachicago.org.

115 S LaSalle St, 8th Floor Conference Center, Room 806, Chicago, IL 60603, USA map

Thu, Nov 14, 9:00am – 12:00pm

CAI-IL: M-380 Litigation Training for Managers

Thu, Nov 14, 9:00am – 12:00pm add to calendar 14-11-2019 09:00 15-11-2019 12:00 America/Chicago CAI-IL: M-380 Litigation Training for Managers This course covers the many topics leading up to, during, and following litigation and what the community manager can do to be prepared for any situation. Topics include: Preparing and responding to the possibility, likelihood, and reality of litigation; Understanding the discovery process; Selecting, preparing, and rebutting expert witnesses; Using alternative dispute resolution; Preparing for trial and testifying in court; Evaluating post-trial realities and options. For information, visit www.caionline.org. Embassy Suites by Hilton Chicago Downtown, 600 N State St, Chicago, IL 60654, USA MM/DD/YYYY

CAI-IL: M-380 Litigation Training for Managers

This course covers the many topics leading up to, during, and following litigation and what the community manager can do to be prepared for any situation. Topics include: Preparing and responding to the possibility, likelihood, and reality of litigation; Understanding the discovery process; Selecting, preparing, and rebutting expert witnesses; Using alternative dispute resolution; Preparing for trial and testifying in court; Evaluating post-trial realities and options. For information, visit www.caionline.org.

Embassy Suites by Hilton Chicago Downtown, 600 N State St, Chicago, IL 60654, USA map

Fri, Nov 15, 5:00pm – 10:00pm

CAI-IL: Excellence Awards and Winter Gala 28th Annual

Fri, Nov 15, 5:00pm – 10:00pm add to calendar 15-11-2019 17:00 15-11-2019 22:00 America/Chicago CAI-IL: Excellence Awards and Winter Gala 28th Annual The Winter Gala Committee and the Board of Directors are pleased to invite you to the 28th Annual Excellence Awards and Winter Gala ~ an evening of excitement and inspiration bringing together our membership in celebration of our achievements. For information, visit www.cai-illinois.org. Belvedere Events & Banquets, 1170 W Devon Ave, Elk Grove Village, IL 60007, USA MM/DD/YYYY

CAI-IL: Excellence Awards and Winter Gala 28th Annual

The Winter Gala Committee and the Board of Directors are pleased to invite you to the 28th Annual Excellence Awards and Winter Gala ~ an evening of excitement and inspiration bringing together our membership in celebration of our achievements. For information, visit www.cai-illinois.org.

Belvedere Events & Banquets, 1170 W Devon Ave, Elk Grove Village, IL 60007, USA map

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News

10/17/2019 Gold Coast tower condo sells for $8.2 million, highest resale so far at 9 W. Walton St.—Chicago Tribune

A four-bedroom, 7,085-square-foot condominium unit on the 33rd floor of the luxury Gold Coast tower at 9 W. Walton St. sold Oct. 11 for $8.2 million.
Read full story

10/17/2019 Sleek and secluded in Wicker Park—Crain's Chicago Business

Luca Lanzetta wasn’t in the design business when he put together this sleek contemporary Wicker Park condo in 2003. But he had such a good time doing it and so many guests asked him to do their homes that he changed professions and now owns four kitchen/bath and furniture showrooms in the Merchandise Mart and River North.
Read full story

10/17/2019 A Helmut Jahn-designed tower — the largest condo building launched in Chicago since the recession — breaks ground on South Michigan Avenue next week—The Chicago Tribune

Developers plan to break ground next week on a delayed, Helmut Jahn-designed condominium tower that would be the tallest building in the iconic row of skyscrapers on Michigan Avenue across from Grant Park.
Read full story

10/16/2019 Minneapolis’ Tallest Luxury Condo Tower Breaks Ground—Multi-Housing News

Construction has begun on Eleven, a 41-story, 118-residence luxury condominium that will become the tallest residential tower in Minneapolis at 550 feet.
Read full story

10/15/2019 Want to buy a condo? Financing just got a little easier—Yahoo! Finance

It is about to get a little easier to buy a condominium in the U.S.
Read full story

10/14/2019 5th victim died Sunday after a shooting rampage at Northwest Side condo complex—Chicago Sun Times

A 66-year-old man with a history of confrontations at his Northwest Side condo building entered his next-door neighbors’ unit Saturday evening and shot to death four people inside as they ate dinner, then shot another neighbor one floor above who died Sunday, police said.
Read full story

10/14/2019 Inside the quiet civil war that's roiling Chicago—Crain's Chicago Business

Richard Weisfisch had enough votes to take over the Raffaello Chicago hotel, but his adversaries weren't going down without a fight.
Read full story

10/11/2019 Glut Of Higher Priced Condos/ Townhomes Developing In Chicago—Chicago Now

In my monthly update on Monday I pointed out how we continue to see a significant divergence between the inventory of attached homes vs. the inventory of detached homes.
Read full story

10/11/2019 $44 million sale of Gold Coast condo building could be the last before new Chicago law makes deconversions much harder—Chicago Tribune

A real estate developer known for converting condominium buildings into rental apartments is close to buying a 25-story Gold Coast tower for $44 million, a deal that could be approved just two days before a Chicago ordinance takes effect that will make such sales more difficult.
Read full story

10/10/2019 Fear and loathing at a South Shore co-op—Chicago Reader

As temperatures dipped to 20 below zero on the night of January 29, Martha Hardy and Nakia Young were horrified that the radiators in their South Shore apartments stood cold.
Read full story

10/7/2019 Investors were eyeing the 70-story Lake Point Tower for a condo deconversion. The owners just fought back.

Residents of Lake Point Tower are fighting back against the deconversion trend in Chicago, enacting new condominium association rules designed to thwart any effort to turn the 70-story skyscraper near Navy Pier into apartments.
Read full story

10/7/2019 R. Kelly’s girlfriends will stay in Trump Tower, want to visit him in jail more—Chicago Sun-Times

Sneed hears singer R. Kelly’s two live-in girlfriends — who were looking for new Chicago digs outside Trump Tower after Kelly was sent to jail on sexual abuse charges — are now staying put.
Read full story

10/2/2019 This condo may look like it’s in a Spanish castle, but it’s in Hyde Park - Crain's Chicago Business

With a tiled fireplace set into a tower, carved wood beams overhead and other seemingly medieval details, the living room of a Hyde Park condo newly on the market looks as if it might have been pillaged all in one piece from a centuries-old Spanish castle.
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9/20/2019 Alderman wants more spots for electric vehicles to power up - Chicago Sun-Time

A downtown alderman wants to put in a plug for more usage of electric vehicles. He wants to require new parking garages and most new multi-unit residential buildings to be wired to support charging stations.
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9/19/2019 New York developer plans 90-unit condo tower in Gold Coast - Crain's Chicago Business

A New York real estate firm is diving into the sluggish Chicago condominium market, drawing up plans for a 90-unit luxury high-rise behind the Newberry Library in the Gold Coast.
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9/19/2019 City Council vote gives more power to condo owners who want to keep homes - abc7chicago.com

CHICAGO (WLS) -- A trend of turning Chicago condos into rental units may slow down after a Wednesday vote by the City Council gives more power to condo owners who want to keep their homes.
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9/18/2019 A condo with wrap-around terrace in luxury Lincoln Park high-rise asks $3.1 million - Curbed

In one of Lincoln Park’s most well-known luxury buildings, a condo just north of $3 million has come on the market.
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9/18/2019 Site of stalled River North condo project turns to shorter apartment-style hotel development - Curbed

After struggling to get its 12-story luxury condominium project at 61 W. Erie Street off the ground, property owner LG Development is now pitching a five-story hotel building for the long-vacant River North site.
Read full story

9/18/2019 A stealthy investor has bought 140-plus Chicago condos since November. But its $40M investment could be complicated by a move to rein in deconversions. - Chicago Tribune

A little-known real estate investor has gobbled up more than 140 condominiums in buildings throughout downtown Chicago and the city’s North Side since November, but the nearly $40 million investment could soon face an obstacle.
Read full story

9/13/2019 Should Chicago raise the bar for bulk condo sales? - WGN Radio

A proposal to increase the majority needed to sell all of a Chicago condo building’s units in bulk just took a big step forward, according to Crain’s Dennis Rodkin—who talks deconversions and more in his weekly roundup of real estate news.
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