The Determined Trader

Monday, June 30, 2008

Spire developer adds a new twist

http://www.chicagobusiness.com/cgi-bin/news.pl?id=30002


By: Eddie Baeb June 28, 2008

The world's tallest residential tower is turning into rent-a-spire.

To boost condominium sales in the proposed Chicago Spire, Irish developer Garrett Kelleher is catering to investors by offering to rent out the high-priced units at a guaranteed 7.5% return for two years.

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