Investment

2 articles

A modern Chicago office tower, 20 South Clark Street, stands illuminated at dusk, symbolizing financial stability in a challenging urban real estate market.

George Armoyan's Clarke Buys Chicago Office Towers, Becomes Debt-Free

In a Chicago office market grappling with record vacancies and looming debt maturities, one major tower, 20 South Clark Street, now operates entirely debt-free.

Rafael Mendoza·June 7, 2026

A decaying 34-unit Chicago multifamily building, symbolizing the financial losses and community impact of real estate defaults.

Real Estate & Development

Chicago multifamily collapse costs lenders and communities millions

At 7908-7926 South Ingleside Avenue, a 34-unit building seized by Roc Capital was fire-damaged, stripped of plumbing, and occupied by squatters by early 2026.

Rafael Mendoza·May 31, 2026