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  2. Chicago Housing Authority - Wikipedia

    en.wikipedia.org/wiki/Chicago_Housing_Authority

    In the summer of 2023, the Chicago Housing Authority (CHA) board approved a significant salary increase for its CEO, Tracey Scott, raising her annual compensation to $300,000. [47] This raise, supported by the CHA board, notably exceeds the federal salary cap for public housing authority executives, which is set at $176,300 according to the ...

  3. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    In the example above, in a five-year lease on a 10,000 square foot area, the tenant will pay 20 x 10000 = $200,000 per month x 60 months = $12,000,000 over the period of the lease. However, in year 2 and 4 they receive 3 months free, a total of 6 months x $200,000 per month = $1,200,000 in abatements.

  4. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  5. Leasing commission - Wikipedia

    en.wikipedia.org/wiki/Leasing_commission

    A leasing commission, or LC for short, is a fee paid by a commercial real estate landlord to a real estate broker in exchange for introducing a tenant that successfully completes a lease with the landlord. It is normally paid in the form of a percentage of the tenant's yearly rent.

  6. List of companies in the Chicago metropolitan area - Wikipedia

    en.wikipedia.org/wiki/List_of_companies_in_the...

    The Chicago metropolitan area – also known as "Chicagoland" – is the metropolitan area associated with the city of Chicago, Illinois, and its suburbs. [2] With an estimated population of 9.4 million people, [3] it is the third largest metropolitan area in the United States [4] and the region most connected to the city through geographic ...

  7. Compass, Inc. - Wikipedia

    en.wikipedia.org/wiki/Compass,_Inc.

    In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14] In July 2014, Compass signed a lease on 25,000 square feet of office space at 90 5th Avenue, which became its global headquarters. [15]

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  9. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

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