Real Estate

Plan, preservation panels balk at merger

Members of Evanston's Plan Commission and its Preservation Commission spoke out Wednesday night against the city manager's plan to merge the two groups.

They were joined, at a meeting of the Plan Commission, by Alderman Coleen Burrus, 9th Ward, who said the merger "doesn't make a lot of sense."

1900 Sherman residents can stay put

Residents of water-damaged apartments at 1900 Sherman Ave. can stay in their units if they sign a risk waiver, a spokeswoman for the Housing Authority of Cook County said Tuesday.

Surge in foreclosures tapers off

The surge in foreclosures in Evanston over the past three years appears to be tapering off, at least temporarily.

Hotel Orrington to get Hilton brand

Evanston's Hotel Orrington will convert to the Hilton brand as part of a recapitalization of the property.

Mesa West Capital has provided an affiliate of Greenfield Partners, LLC of Norwalk, Conn., with $14.5 million in first mortgage financing to recapitalize Greenfield's existing loan on the hotel, at 1710 Orrington Ave.

Demolition continues at Mather complex

Demolition work now is well underway at the site of the planned second new Mather Lifeways building in downtown Evanston.

Questions raised about housing grant

As Evanston officials rush to implement the recently announced $18 million federal housing grant, some residents are raising questions about the program's impact on one of the targeted neighborhoods.

New grocery opens in Evanston

Evanston Alderman Ann Rainey, 8th Ward, joined employees of the new Aldi Food Market at 2211 Oakton St. to cut the ribbon marking the store's grand opening this morning.

House where bodies found finds buyer

A real estate agent says new owners are expected to close next month on an Evanston home that was in the news in November 2008 after police found three bodies inside.

Foreclosure prevention counseling offered

The Interfaith Housing Center of the Northern Suburbs will offer expanded one-on-one foreclosure prevention counseling and education to Evanston residents.

Mayor calls for campaign to shame banks

Mayor Elizabeth Tisdahl Monday suggested Evanstonians should try to shame banks into taking more aggressive action to solve the foreclosure crisis.

Speaking at the City Council meeting, the mayor picked up on an idea suggested by U.S. Sen. Dick Durbin during an appearance in Evanston Friday to promote the $18 million federal housing grant won by the city.