Monthly Archives: August 2012

Venture ‘working on’ deal to take over Northbrook development site

(Crain’s) — More than a year after foreclosing on a 14-acre development site in Northbrook, a Texas bank is in talks to sell the property to a local venture that wants to build apartments and retail there. The venture between Chicago-based Morningside Group and Schaumburg-based Crossroads Development Partners LLC would take over the property at…
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Luxury Rentals Coming to Downtown Wheaton

Chicago-based Morningside has announced the groundbreaking of its newest luxury apartment community, Wheaton 121, signaling that the strength of the rental market in the Chicago area, particularly that of the high-end sector,extends to the suburbs.  Located at 121 N. Cross St. in Wheaton, the six-storymidrise will bring 306 luxury rental homes with upscale amenities to the heart of the city’s downtown.  “We are thrilled to share the news of our latest…
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