Chicago’s famous McCormick Mansion, once home to Lawry’s Prime Rib and a quirky Scandinavian buffet, is getting a fresh makeover. A 66‑year‑old entrepreneur who made his money in health tech is pouring about $50 million into a 36, 000‑sq‑ft entertainment center called The Hand & The Eye. He wants th
When the market takes a hit, some investors look for places that keep paying. Real‑estate investment trusts, or REITs, have been hit by the same forces that pushed stocks lower. But a few of them may stand out because they serve needs people still want, no matter the economy. One of those is
New York City’s business world keeps a close eye on every move Mayor Zohran Mamdani makes, especially when it comes to taxes and real estate. Many worry his policies might push companies to leave for cheaper, friendlier states like Florida or Texas. This worry isn’t new—big firms like Citadel and We
The Goodlife Hotel in South Beach, once a buzzworthy project backed by music star Pharrell Williams and nightlife entrepreneur David Grutman, is now confronting a looming foreclosure of about $150 million. The lawsuit originates from CIM Group’s California real‑estate fund, which claims the hotel’s
After sitting empty once before, a two-story brick building on Central Avenue in Albuquerque is back on the market. The structure, built in the 1960s as a hotel, now houses Lindy’s Diner on the ground floor and several other tenants upstairs. The owners decided to sell after thirty years of running
A fresh way to live in Billings is coming soon for people who are 62 or older. The Village Cooperative plans to build new homes that let residents avoid the usual headaches of owning a house, such as repairs and maintenance. Instead of worrying about fixing things, residents can focus on hobbies,
Kiawah Island isn’t just another pretty spot along the South Carolina coast—it’s a carefully designed escape where nature and extravagance meet. Just a short drive from Charleston, this private island packs 10 miles of untouched Atlantic shoreline, over 30 miles of smooth bike paths, and some of the
UBS analyst Solomon Zhang keeps a neutral stance on Lifestyle Communities Ltd, setting a target price of A$5. 80 and calling the stock “hold. ” Zhang focuses on Australian real‑estate names like Charter Hall, GPT Group and Region Group. His track record shows a 4. 7% average return and about 55 % su
The market has been rattled by wars, rising energy costs and tech buzz. Despite the chaos, a few defensive names have stayed solid and even grown. One standout is Ventas, which has added about $5 billion in acquisitions this year. Its earnings beat expectations and the company is now tradin
China hit a 5 % growth target in 2025, but the headline numbers hide deeper worries. A housing slump and trade friction with the United States add to a problem that may be harder to solve: young people’s faith in their future. Many millennials and Gen Zers are trading down on everything—from fash
