CHICAGO-Mittal Steel USA's 10-year lease at 1 S. Dearborn St. totals about $12 million, with another $6.5 million in tenant improvements needed for the 53,400 sf on the 18th and 19th floors of Hines Interest's latest Downtown project.

NEW ORLEANS-Strategic Hotel Capital Inc. hopes to spend less than the $350 million it has in insurance coverage to bring the 1,184-room hotel back into service. Reopening efforts may hinge on city, state and federal plans, which may include new building codes and rebuilding of levees.

NEW ORLEANS-Strategic Hotel Capital Inc. hopes to spend less than the $350 million it has in insurance coverage to bring the 1,184-room hotel back into service. Reopening efforts may hinge on city, state and federal plans, which may include new building codes and rebuilding of levees.

NORTHBROOK, IL-Revenue from appraising and consulting as well as sales and leasing jumps 31.2% in the three months ending Sept. 30 to $73.1 million compared to the same period in 2004.

CHICAGO-Now owned by JP Morgan Chase, Bank One drops a $120-million suit against Jones Lang LaSalle, largely over sale-leaseback deals. The real estate firm also drops a suit claiming $1.2 million in unpaid fees.

CHICAGO-Now owned by JP Morgan Chase, Bank One drops a $120-million suit against Jones Lang LaSalle, largely over sale-leaseback deals. The real estate firm also drops a suit claiming $1.2 million in unpaid fees.

CHICAGO-The US Department of Housing and Urban Development is ready to turn over the keys to 97 buildings it will get in lieu of foreclosure to the city, which in turn has tapped a subsidiary of multifamily lender Community Investment Corp. to manage a disposition program. HUD also is ready to give $52 million in grants.

CHICAGO-The US Department of Housing and Urban Development is ready to turn over the keys to 97 buildings it will get in lieu of foreclosure to the city, which in turn has tapped a subsidiary of multifamily lender Community Investment Corp. to manage a disposition program. HUD also is ready to give $52 million in grants.