J. Linn Allen

Venture capitalist Sam Zell is taking over a major share of Skokie's Old Orchard Shopping Center in a deal with JMB Realty Corp., the financially troubled real estate firm that...

Many people go into panic or paralysis at the prospect of defaulting on a mortgage, but it's not necessarily the end of the world. It may or may not be...

Planning has started for a new 1,200-room hotel to replace the 618-room McCormick Center Hotel, which is scheduled to be torn down for the McCormick Place expansion. But Bruce Wechsler,...

The basic elements of selling your own home are pricing, marketing, showing, negotiating, qualifying and closing. A slipup in any of these key areas may leave you with a house...

Acknowledging that the commercial real estate market will not soon recover, First Chicago Corp. said Monday that it will set aside $2.1 billion in problem loans at the First National...

Yielding to heavy public and private pressure that culminated in a nationally televised program showing its lending practices in a poor light, Affiliated Bank is planning to open three loan-origination...

''We regret that we must deny your recent application for credit.'' That quietly gut-wrenching opening is from a ''Notice of Adverse Action Taken and Principal Reasons,'' a standard business form...

With legal action and underwriting studies difficult and costly, many fair-housing activists say the best way to pinpoint the lenders that might be practicing bias is through ''testing.'' Traditionally, testing...

Some mortgage companies and loan officers, gambling on changes in interest rates that borrowers think are locked in, intentionally foul up loan applications when their gambles go awry-causing consumers to...

Jules Marling Jr., chairman of the real estate firm of Sudler Marling Inc., said Friday that he is relinquishing his interest in the company to devote more time to running...