CRE N Illinois

Jack Durburg: No shortcuts to success

Midwest Real Estate News regularly profiles successful commercial brokers. This time we take a look at the nearly 25-year career of Jack Durburg, president of the central division of CB Richard Ellis. From his office in Chicago, Durburg explained just how much, and why, he enjoys the commercial real estate business.

CRE N Illinois

Mark Augustyn: Customer service still key

Bannockburn, Ill.-based Principle Construction has a not-so-secret formula to earning business when construction work is scarce: Treat your customers well. It just so happens that this is a formula that works for Principle even when times are good. Mark Augustyn, chief operating officer with Principle, recently spoke with Midwest Real Estate News about what his company has done to survive the challenging construction market.

CRE N Illinois

Alliant's Abelson: Expect strong multi-family rental market to continue to thrive

Aaron Abelson, senior vice president for the Midwest region of Alliant Capital, sees the same thing we all do when he looks at the nation's housing market: Housing values are falling. Foreclosures are far too high. And a growing number of underwater homeowners are walking away from their mortgages. To Abelson this means that the country's multi-family renting market will remain strong for some time.

CRE N Illinois

David Bercu: The value of the human touch

David Bercu, principal with the Rosemont, Ill., office of Colliers International, has worked in the commercial real estate business for more than two decades. During this time, he’s learned just what commercial brokers must do to earn the loyalty, and friendship, of their clients.

CRE N Illinois

David Petersen: Gaining the clients' trust

Property management has become an important profit generator for real estate brokerages in today’s troubled economy. Midwest Real Estate News recently spoke to David Petersen, chief executive officer of the asset management group at Chicago’s NAI Hiffman, about the importance of this business.

CRE N Illinois

Illinois home sales decline slightly in February

When compared to the prior month, the combined February sales of attached and detached homes in Illinois fell 2.3 percent to 3,746 units. February activity was 9.7 percent less than in the same month last year, when 4,147 homes changed hands, according to RE/MAX Northern Illinois.