Wednesday Report: Student housing | Edgewater foreclosure | Rezko home auction

Student housing tower planned for South Loop (Crain's) — Condominium developer Keith Giles has turned to student housing for his next big project in the South Loop, a neighborhood that already has more condos than it needs. Mr. Giles confirms that he and his partner, Jerry Karlik, plan to build a 21-story tower that would house 860 ... Read More Mutual Bank alleges loan default on Edgewater site (Crain's) — Mutual Bank has filed a foreclosure suit to collect more than $7 million on an Edgewater site that a North Side developer acquired at the top of the market, only to see his plans for a $40-million residential/retail project frustrated first by neighborhood opposition and then the ... Read More • Rezko's home in Wilmette to be auctioned • Few local assets in big ProLogis refinancing • Husband-wife team face another foreclosure suit Download Crain's Directory of Chicago Real Estate Dealmakers Submit an event for our weekly calendar. Send us news of your job change.