Laura Ricketts leads group buying Chicago Red Stars

Client: Chicago Red Stars Source: Crain's Chicago Business Chicago Cubs co-owner Laura Ricketts is leading a group of women from the Chicago business and civic scene to buy the Chicago Red Stars for $35.5 million, a deal that stands to end a dark chapter for the National Women's Soccer League franchise under founder and

2023-09-27T20:01:27+00:00August 15, 2023|

Laura Ricketts-led group reaches principle deal to buy NWSL Red Stars for $35.5M

Client: Chicago Red Stars Source: Sports Business Journal A group of investors led by Cubs co-owner and WNBA Chicago Sky minority owner Laura Ricketts has agreed in principle to purchase the NWSL Chicago Red Stars in a deal that will pay the club's current owners, led by majority stakeholder Arnim Whisler, up to $35.5M.

2023-09-27T20:01:42+00:00August 15, 2023|

Laura Ricketts-led group reaches agreement to buy Chicago Red Stars: What it means for the club

Client: Chicago Red Stars Source: The Athletic The Chicago Red Stars and a group of business leaders led by Laura Ricketts, co-owner of MLB’s Chicago Cubs, have reached an agreement in principle to purchase the NWSL team, Ricketts’ spokesperson announced Tuesday. The terms are the deal were not disclosed. Here’s what you need to know: The transaction must receive

2023-09-27T20:02:26+00:00August 15, 2023|

Laura Ricketts leads local group of women to buy Chicago Red Stars: ‘Unprecedented fan growth in women’s soccer globally’

Client: Chicago Red Stars Source: Chicago Tribune Laura Ricketts, a co-owner of the Chicago Cubs, is leading a diverse group of local women business and civic leaders to purchase the Chicago Red Stars of the National Women’s Soccer League. Terms of the contract were not disclosed Tuesday, and the ownership group must receive approval

2023-09-27T20:02:46+00:00August 15, 2023|

Opinion: How ‘buying back the block’ can transform neighborhoods for the better

Client: Chicago Community Trust Source: Crain's Chicago Business  It began with an audacious idea between five Black developers on Chicago’s South Side. Purchase 12 vacant lots in West Woodlawn to “Buy Back the Block” of 6300 South Langley Avenue. Just two years later, the idea became reality this March, with five new apartment buildings

2023-08-11T15:28:27+00:00June 14, 2023|

Bill could spring more Cook County properties from tax sale maze

Client: Chicago Community Trust Source: Chicago Sun-Times Cook County’s property tax system is confusing enough when people pay on time, but when they don’t, there’s a whole new level of bewilderment. Properties with back taxes go into a knot of tax sales in which investors pay what’s due and then try — or maybe

2023-08-10T21:11:32+00:00June 5, 2023|

Illinois House Committee Pushes Forward Reforms To Delinquent Tax Sale System

Client: Chicago Community Trust Source: Rock River Current ROCKFORD — An Illinois House committee has moved forward legislation designed to close loopholes in the delinquent tax sale system that leave properties trapped between abandonment and new ownership. Senate Bill 1675 Amendment 1 would limit reasons a “sale in error” can be granted. For example, when there is

2023-06-09T20:55:20+00:00May 4, 2023|

Illinois’ property tax sale system on path to potential reform

Client: Chicago Community Trust Source: Chicago Tribune A new Senate bill amendment backed by the Cook County treasurer’s office and the Chicago Community Trust seeks to reform Illinois’ property tax sale system. Backers such as state Rep. Kam Buckner, a Chicago Democrat, say the bill would cut the cost for homeowners trying to pay

2023-06-09T20:57:06+00:00May 4, 2023|

A bill advances that would make it easier to get abandoned lots back on tax rolls

Client: Chicago Community Trust Source: Crain's Chicago Business A bill that would make it easier to move tens of thousands of effectively abandoned residential lots back onto the tax rolls and into productive use has picked up some late-session momentum in Springfield, clearing a House committee this morning. Under the proposal pushed by Cook

2023-06-09T20:57:26+00:00May 4, 2023|
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