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CHICAGO — Earlier this year, Los Angeles hiked a transfer tax imposed on pricey real estate purchases, a move designed to generate revenue to fund homeless services. The measure, which hits both commercial and residential properties, bears a striking resemblance to the “Bring Chicago Home” proposal up for a citywide vote next March, and has so far failed to fill Los Angeles coffers. Luxury .
It’s been a slow year for big real estate deals in Chicago. Small wonder. Worries about the future of downtown, combined with the 18-month spike in interest rates, would give most owners of office buildings and even high-rise apartments pause about testing the market now for their properties. So it’s interesting — to say the least — that in just the past few days the owners of three .
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