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The hedge fund owned by Sears Holdings Corp. CEO Eddie Lampert is urging the retailer’s board to sell more of its real estate and restructure its debt, as it seeks to avoid bankruptcy.
Sears' CEO has come up with a last-minute plan to save it from bankruptcy
Sears could face bankruptcy if it doesn't meet its next debt payment, due in the coming weeks. Now, the retailer's chief executive has come up with a last-minute plan to save it, after already shuttering thousands of stores and selling off some of its key brands.
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Marcus & Millichap, a commercial real estate investment services firm, Monday announced the sale of a 30-unit apartment property located at 353 W. Hawthorne Circle in Mt. Prospect.
Mount Prospect apartment complex sold
The entrance on Washington Street for College of Lake County.
CLC, Baxter partner on new lab
Hoffman Estates trustees like a plan to convert the former Hoffman Lanes bowling alley on Higgins Road into a multitenant strip mall, but aren’t thrilled with a proposal to create a nostalgic look reflecting the building’s past.
New life for shuttered Hoffman Estates bowling, but without iconic look
Turning the encircled “Embrace” area in front of Schaumburg’s Renaissance Hotel from purely decorative to an outdoor visitors plaza with seating is among the ideas for the development of an entertainment district in the area.
Schaumburg wrestles with parking problem as entertainment district pushes ahead
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