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The Dirt Lawyer's Blog

Musings on commercial real estate transactions and law in Chicago and beyond
The Dirt Lawyer's Blog  
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Shortsighted, indeed?

Nov 20, 2009
In yet another chapter in the black hole otherwise known as Block 37, that's what some people are saying about Bank of America, who got its wish today in the appointment of CB Richard Ellis as receiver over the retail portion of the property from...

Now that's good work!

Nov 19, 2009
Kudos to Adam Metz and Company at GGP. Here's another 70 loan extensions at ya. I said some time ago that these guys know what they are doing. By the way, something I want to repeat but that I didn't say yesterday is this: Even though I have no...

Simon, GGP and predictions

Nov 18, 2009
A year ago, I said I would put a prediction in an envelope about Simon and GGP and see if I was right. Let's open it. "Simon will end up owning part of GGP. But a team up with Westfield makes the most sense, especially if they do try to take in the...

Tidbits - November 16, 2009 edition

Nov 16, 2009
Haven't done any tidbits in a while, so here goes! Block 37 - everyone is talking. Gee, you think the judge and Mayor Daley might have told Freed and B of A to lock themselves away in a conference room and not come out without a solution and an...

It's a PIP! How many new flags will we see at what are now Holiday Inns?

Nov 13, 2009
Okay, I'll admit it. I cannot remember the last time I stayed at a Holiday Inn. It isn't because I don't like the flag -- I do -- I think it is just a coincidence. (Full disclosure: I represent clients who have numerous franchise agreements with...


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