Ready Capital, a New York-based venture, has filed a $33 million foreclosure lawsuit against Condor Partners, a Chicago developer that transformed two vacant warehouses in Pilsen into office space. The complaint was made last month regarding the loan tied to Mural Park – an easily accessible commercial redevelopment project of two 100-year-old former lumber distribution warehouses located on the city’s Southwest Side. Despite initial leasing success prior to the pandemic, decreased demand for office space has led to this foreclosure filing.
Exposition Park’s General Manager on LA28 Olympic Prep and CRE Opportunities
As Los Angeles moves toward hosting the 2028 Olympic Games, Exposition Park is emerging as a central testing ground for
Steve Griffin
May 26, 2026
