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Gold Coast hotel hits the market

Jun 12, 2026, 7:01 PM•crainalerts

Crain's Chicago Business

Afternoon Report

Friday, June 12, 2026

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Distressed Gold Coast hotel goes up for sale

Good afternoon! The owner of a foreclosed Gold Coast Hilton has put the property on the market, creating another test of downtown hotel values. A sale could also add momentum to the growing trend of converting hotels into apartments.

Parking-meter fight widens as 15 aldermen question Stonepeak’s ICE ties

Chicago financial adviser pleads not guilty to stealing from clients

CME plans to offer 24/7 oil and gold contracts

Presented by Federal Home Loan Bank Of Chicago

How smaller lenders compete with mortgage giants

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