CEO Andy Gloor called the land surrender “an unfortunate pause” in a letter to investors but said they “remain committed" to ...

The developer is transferring ownership of the northern portion of the sprawling site to Bank OZK. It’s unclear what the ...

Andy Gloor, CEO of the Chicago-based developer, makes move to settle troubled $126 million loan against land along the ...

A bank’s seizure from developer Sterling Bay of half the 55 acres to be developed as Lincoln Yards should be a wake-up call.

Bank OZK is seizing the northern portion of the planned Lincoln Yards campus, a move that stands to substantially weaken the ...

Shamus Toomey, Editor in Chief and co-founder of Block Club Chicago, joins Bob Sirott to share the latest Chicago ...

The developer will turn the northern portion of the 53-acre project to Bank OZK, Sterling Bay wrote in a letter to investors. Sterling Bay Chief Executive Andy Gloor told the project’s investors the ...

The lender has lost more confidence in Chicago developer Sterling Bay’s plan to redevelop North Side parcels amid delays.

Bank OZK recognized a charge-off of $16.9M on a loan made to a subsidiary of Sterling Bay during the fourth quarter.