Essex Hotel Owner, LLC, an Oxford Capital Group, LLC led venture with Quadrum Global, announced today the acquisition of Chicago’s historic Essex Inn-Michigan Avenue at 800 South Michigan Avenue.
Oxford Capital Group holds on to 360 N. Michigan property with strong optimism for the opportunity and incredible location.
Chicago developers Oxford Capital Group LLC and Sterling Bay Cos. are taking opposite approaches to rising retail rents and property values on a rapidly evolving stretch of North Michigan Avenue.
The Mummy of a building on LaSalle has finally been unraveled and stands tall as a beautiful cityscape in the heart of Chicago.
John Rutledge of Oxford Capital Group opens The Godfrey and speaks about the calculated risks associated with opening a hotel.
The modern, cubist-influenced hotel makes its mark on Chicago’s rich architectural history in February 2014
As demand increases for hotel rooms in the U.S. amid growth in tourism in some cities, developers are turning to pre-existing buildings to cut construction time and save money.
Oxford Capital Group founder, president, and CEO John W. Rutledge has been skydiving in New Zealand, elephant trekking in Thailand, and scuba diving off the Great Barrier Reef. But one of his favorite climbs will always be a complex hotel deal.
No fewer than a dozen new hotels representing about 2,700 rooms in Chicago have recently opened or are under construction, and additional projects seem to be announced on a weekly basis.
Chicago-based Oxford Capital Group LLC teamed with Angelo, Gordon & Co. to buy the 21-story building. Formerly known as the London Accident & Guarantee Building, it opened in 1923 at Michigan and Wacker and is part of one of the city’s most impressive architectural corners.
