News

Legendary Florsheim Mansion on Chicago's Gold Coast Re-Listed for $2.2 Million

The historic Florsheim Mansion located on Gold Coast, Chicago has reportedly been re-listed with an asking price of $2.19 million. It is also available for rent for $7500 a month.

Update: Cole Credit Rejects American Realty’s Revised Offer

The bidding battle for Cole Credit Property Trust III has finally come to an end, albeit negatively for American Realty Capital Properties (ARCP). Cole Credit has declined American Realty’s buyout offer, stating that their offer undervalued the company and also adds up to ‘unsustainable’ amounts of debt. After declining the offer, Cole Credit purchased its sponsor, Cole Holdings, Saturday, April 6.

Philadelphia Man Charged with Real Estate Scams: Report

Philadelphia police and the District Attorney's Office has accused a West Philadelphia man with several real estate scams, including stealing houses and renting properties that did not belong to him, according to Philly.com.