In July 2020, Bluhm's online gaming outfit Rush Street Interactive went public through a reverse merger with a blank check company. Bluhm is a managing director for Walton Street Capital and is a trustee of the Art Institute of Chicago and Whitney Museum of American Art. You also have the option to opt-out of these cookies. "Artists are asking the tough questions about who we are, and who we want to be as a society, no matter how difficult, how controversial, or how painful that may be," said Bluhm. 150 N. 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Neil Bluhm's real estate syndicates lost billions a decade ago. Despite a collapse in sales of its flagship beer brands, shares in the Boston Beer Company have been boosted by strong demand for its Truly hard seltzer brand and alcoholic iced tea line Twisted Tea, earning the company’s cofounder and chairman a spot on The Forbes 400. The Sunset Road home of Bluhm-Wolf and William Wolf sold Aug. 26 for $4.1 million. Try again later. Jeffrey Epstein’s Palm Beach house under contract, Chairman of Michael Kors, Versace, Jimmy Choo parent sells Palm Beach PH for $10M, John Lennon and Yoko Ono’s former Palm Beach estate sells for $36M, Insurance tycoon sells Palm Beach mansion for $21M, Imagine the decor: Michael Aram buys Palm Beach house for $5M, Goya Foods heir buys Palm Beach mansion for $11M, Real estate financier drops $6M on Palm Beach home, Ford family estate in Palm Beach lists for $58M. These cookies do not store any personal information. Both [...]. Missing Crain's in print? But opting out of some of these cookies may have an effect on your browsing experience. The four-bedroom, five-and-a-half-bathroom unit was built in 2018 as part of a four-unit building, records show. Why not ask major grocers to consider personalized pricing? See which frats boast billionaire alumni. You will find it from right here. Until the past few weeks, this year’s sales total was running ahead of last year’s, but it has recently fallen behind. But their real edge may be a matter of style. (312) 649-5200, Contemporary, pedigreed and $4.5 million—on the exurban fringe, Homebuilders are having their best year since 2008, Sponsored Content: Mental Health During a Pandemic: Helping Chicagoans Through the Crisis. Talking politics, without talking politics, Crain's Daily Gist podcast: What Illinois needs to know about this year’s pandemic election. Have something to get off your chest? All rights reserved © 2020 The Real Deal is a registered Trademark of Korangy Publishing Inc. as of 10/28/20 Real estate tycoon Neil Bluhm is the owner of marquee Chicago properties like 900 North Michigan and the Ritz Carlton. Billionaires can’t seem to resist opening their wallets for the guy once dubbed “the poorest man in Congress.”. Two Illinois billionaires have donated a combined $1.1 million to Restore Our Future, the super PAC supporting Romney's presidential campaign. It is mandatory to procure user consent prior to running these cookies on your website. At Least 67 Billionaires Made Six-Figure Donations To Committees Supporting Joe Biden In Last 3 Months, Sam Adams Beer Magnate Jim Koch Debuts On The Forbes 400 Thanks To Hard Seltzer And Spiked Ice Tea, Joe Biden’s Presidential Campaign Raised $43.7 Million In April, Bachelor of Arts/Science, University of Illinois, Urbana-Champaign; Doctor of Jurisprudence, Northwestern University. Monday-Friday around 3 p.m. Up-to-the-minute info on what's happening in Chicago business right now. That's what made America great. Was the Whitney Museum's change in address from the well-known (if not well-loved) Marcel Breuer-designed building in the Upper East Side to the trendy (and contemporary artsy) Meatpacking District a smart move? Distinctive ethnic groups in some Japanese regional markets make Native American casino operators natural integrated resort partners. Chicago, IL 60601 The best source in Chicago for exclusive commercial real estate news. He owns a minority stake in the Chicago Bulls and Chicago White Sox. Crain's Daily Gist podcast: Are Chicago home values about to rise? Scoops on Chicago's residential real estate industry. He also owns a unit at the Four Seasons Surfside, Neil Bluhm with 215 Brazilian Avenue (Credit: CLINT SPAULDING/Patrick McMullan via Getty Images). After some smart buys, he has come back stronger than ever. We also use third-party cookies that help us analyze and understand how you use this website. Tuesday-Thursday. In that, the top of the market is behaving like both the $1 million-and-up segment of the market, which at midyear was down nearly 15 percent from 2018, and the total market, at all prices, which are down almost 6 percent year to date. According to Radnay’s listing, the home feels like a “private retreat built for vacationing, just missing the vineyards.”. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Meredith Bluhm-Wolf declined to comment, and the couple’s listing agent, Jena Radnay, did not immediately respond to a request for comment. Real estate tycoon Neil Bluhm is the owner of marquee Chicago properties like 900 North Michigan and the Ritz Carlton. Need-to-know stories from Crain's and around the web. 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After attending law school and working as an attorney in Chicago, he cofounded JMB Realty in 1970. Crain's Daily Gist podcast: Why restaurants are ready to sue over new COVID restrictions, Crain's Daily Gist podcast: 'Chicago still has a lot to contribute', What COVID-hit businesses need from our leaders now, Even before COVID, Cook property values still below subprime-crash level, Opportunity zones offer solid path to economic recovery, Investing in Chicago's future, creatively. Neil Bluhm, a longtime Chicago real estate investor who also owns the Rivers and SugarHouse casino enterprises, is worth $4.1 billion, according to Forbes. This category only includes cookies that ensures basic functionalities and security features of the website. Neil Bluhm is a real estate mogul. Monday, Wednesday and Friday at 5:30 a.m. Meredith Bluhm-Wolf, a daughter of real estate and casino billionaire Neil Bluhm, has sold the multimillion-dollar Winnetka mansion she owned with her husband. Will Boeing launch a new jet? Marc Benioff, Reid Hoffman, George Lucas, Laurene Powell Jobs, Jack Dorsey and nearly 100 other members of the three-comma-club. Need an antidote to all this uncertainty? The couple’s asking price for the five-bedroom, 8,900-square-foot home on almost an acre was $4.65 million. The pain of Chicago's 2021 budget will outlast the year, One thing Chicago can't afford in this budget cycle: Panic, 50 reasons to feel cautiously optimistic about Chicago, What to watch for on Election Day, Illinois, These big names are collecting big bucks for Biden, This explains why Pritzker's 'fair tax' idea is getting so much pushback, Boeing's best shot at changing the narrative, Illinois gets highest-ever ranking on technology and innovation list, Uptake expands deal with Warren Buffett's wind companies. Joe Biden’s campaign raised $43.6 million in April, which is down from the $46.7 million raised in March. Necessary cookies are absolutely essential for the website to function properly. You can ZOOM and also change the views by clicking on N, E, S or W. Photos of Neil Bluhm's house in CA. © 2020 Forbes Media LLC. Hedge funder Kenneth Griffin has given $1,050,000 and real estate baron Sam Zell has given $100,000. By clicking Subscribe you agree to our Privacy Policy. Click here to get the full experience on your screen. Bluhm, a Chicago real estate mogul and partner in Midwest Gaming & Entertainment, is managing director of Walton Street Capital, a private equity real estate investment firm based in Chicago. The buyers are not yet identified in public records, and the agent who represented them, Alex Amboian of Baird & Warner, did not immediately respond to a request for comment. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. This website uses cookies to improve your experience while you navigate through the website. Currently, we do not have the house address of Neil Bluhm. You can send us an email. This is the 41st Chicago-area home to sell for $4 million or more so far in 2019, compared to 54 at the same time last year, which ended as a record year for sales at the upper reaches of the market. Billionaire real estate and casino tycoon Neil Bluhm closed on a townhouse at Palazzo Villas in Palm Beach for $7.4 million. All Rights Reserved, Photo by Ilya S. Savenok/Getty Images for ASPCA. The house has an indoor pool, a primary family living space that opens via four pairs of doors to a three-level terrace and luxury contemporary finishes throughout. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. 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