Insights

When buying commercial property in Chicago, or elsewhere in Illinois, many investors ask whether a Phase I Environmental Site Assessment (Phase I) is required. Often times, yes, a Phase I is required.

The Illinois Right to Privacy in the Workplace Act (the “Act”) has been amended to address the steps an Illinois employer using E-Verify must take in the event it receives written notification from the federal government (such as the Social Security Administration or the IRS), an outside vendor, or an insurance company that an employee has a […]

Effective Date: December 24, 2025

First-time multifamily buyers in Chicago often focus on price, neighborhood and cap rate but miss legal and compliance issues that silently add cost, delay closing or create post-closing liability. Below are the most common legal mistakes I see first-time multifamily buyers make (and how to avoid them):

As 2026 dawns, it is natural to consider the outlook for construction in the coming year. John Kenneth Galbraith famously opined on the validity of economic forecasting in general: “The only function of economic forecasting is to make astrology look respectable.”

On October 16, 2025, the Departments of Treasury, Labor, and Health and Human Services (the “Departments”) issued FAQs clarifying ways employers can offer fertility benefits in compliance with existing excepted benefits rules under federal law.