Lending

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

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