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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Baird & Warner was named the number one top workplace in the Chicago area in 2017, [18] 2015, and 2014, earning its sixth consecutive Chicago Tribune Top Workplace Award. [19] The brokerage was named the second best large company to work for in the Chicago area in 2016 [ 20 ] and 2013 [ 21 ] and the third best workplace in 2012.
A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
Essex on the Park (right) and 1000M (left) in October 2023 from Roosevelt Road near Columbus Drive. In November 2014, Oxford Capital Group LLC acquired the 254-room Essex Inn at 800 South Michigan, along the Historic Michigan Boulevard District across from Grant Park, from the Gecht family who built the hotel in 1961. [1]
Rome: Short-term rental sites are required to withhold a 21% rental income tax. [21] Venice: Hosts must collect and remit tourist taxes. [22] [23] Vienna: Short-term rentals are banned in specific "residential zones" within the city, with the exemption of apartments used primarily for the host's own residential needs. [24]
Heitman LLC (Heitman) is an American real estate investment firm headquartered in Chicago. It has three main business areas, private equity real estate, real estate debt and investment in real estate securities such as Real estate investment trusts (REITs). Outside the United States, the firm has offices in Europe and Asia-Pacific.
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