Posts Tagged ‘Appraisal Research Counselors’

‘Wellness’ becomes condo selling point

Wednesday, June 27th, 2007

Would you like a shiatsu massage with your new condo? How about a bone-density test?
Arizona’s Canyon Ranch, regarded as the most glittering brand in the $10 billion spa industry, has branched into real estate, and on Wednesday will roll out a marketing campaign for the 67-story condo-hotel at Huron and Rush Streets that will bear [...]

New condo sales down again in 3Q

Sunday, November 19th, 2006

Sales of new condos and townhouses downtown fell 35% to 1,324 in the third quarter compared to the year-earlier period. Sales dropped 11.5% from the second quarter, the second straight quarterly decline, according to a new report by Appraisal Research Counselors. Sales of condos newly converted from apartments or other types of space — a [...]

Condo sales fall for 2nd straight quarter

Thursday, October 26th, 2006

While the apartment market remains strong in Chicago and the suburbs, downtown condominium sales fell for a second straight quarter, raising concerns that a number of proposed high-rises may ultimately be scrapped.
Condo sales in new buildings fell to about 700 in the third quarter, down from about 1,200 in the second quarter and 1,600 in [...]

Trump loses spot as most expensive condo project

Thursday, August 24th, 2006

The Ritz has trumped Trump.
The Ritz-Carlton Residences, a high-end condominium project planned on Michigan Avenue, has unseated Donald Trump’s skyscraper on the Chicago River as the most expensive new condo development in the city.
The Ritz-Carlton project sold for an average price of $1,076 a square foot in the second quarter, compared with $1,040 a square [...]


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