Good News in CRE: September
•This month the SBA opened the application portal for an increase in the COVID EIDL. Previously capped at $500,000, now businesses can apply for up to $2M in funding. The loans have a 30 year amortization with a 24 month deferment option and can be used to pay, or even prepay, commercial debt.
Good News in CRE: August
Illinois is now accepting applications for the $250 million Back to Business grant. Businesses that have suffered economic hardship due to COVID-19 can now apply for a grant ranging from $5,000 to $150,000.
Good News in CRE: May Recap
The former Maywood Park Racetrack has been repurposed as the Chariot Logistics Center with the name paying tribute to the racetrack where races were held until 2015. Approximately 42,000 tons of concrete were reclaimed from the site.
ODCRE in the News: Investors to turn Pheasant Run into industrial park
A shuttered golf course next to DuPage Airport is teed up to become a big industrial project after being sold to a developer looking to cash in on surging demand for warehouse space.
O’DONNELL COMMERCIAL REAL ESTATE, INC. AND COLLIERS INTERNATIONAL SELL 85 ACRE PHEASANT RUN GOLF COURSE
O’DONNELL COMMERCIAL REAL ESTATE, INC. AND COLLIERS INTERNATIONAL SELL 85 ACRE PHEASANT RUN GOLF COURSE
Growing business: Checklist with moving timeline for Chicago Suburb Businesses
Relocation and expansion of business needs to have a careful analysis and consideration. It can be from downtown to the suburbs or from one city to another. The transfer could
O’DONNELL COMMERCIAL COMPLETES OVER 57,000 SF OF MEDICAL LEASING ACTIVITY
O’Donnell Commercial Real Estate, Inc. FOR IMMEDIATE RELEASE Contact: Susie Farmer Phone: 630-444-0444 Email: susie@odcre.com O’DONNELL COMMERCIAL COMPLETES OVER 57,000 SF OF MEDICAL LEASING ACTIVITY SAINT CHARLES, IL (December 2020)
The Changes in Healthcare Real Estate in 2021
In December of the year 2019, a new strain of the Corona Virus emerged. Severe Acute Respiratory Syndrome Corona Virus 2, commonly referred to as COVID-19, took the whole world
Make a Small Medical Office in Chicagoland Look Bigger, and More Serene
As they often say, health is the utmost wealth each individual must treasure. People should prioritize health, for it is the foundation of their productivity and enthusiasm to work and
Relocation Checklist with Moving Timeline for Businesses
Many businesses do not have a designated internal real estate personnel to manage the expansion or relocation process. Therefore the burden of a move is placed on a current staff