GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed an $18m funding round. The $18m growth investment was spearheaded by BlackRock, the renowned global investment management. This funding initiative also saw participation from Kayne Anderson Growth Capital, a prominent growth capital investor from GeoWealth’s Series B round in 2021, and
Insider Brief Chicago’s quantum aspirations may receive a boost as the federal government agreed to invest up to $140 million in a new quantum-testing facility. DARPA will spearhead this initiative, with the funds being matched by another $140 million from Illinois’ state budget. DARPA has established a legacy of making critical early investments in groundbreaking
The J. J. Walser Jr. residence in Chicago. Photo by Zol87 via Wikimedia Commons. An historic home in Chicago’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. This is according to
An Illinois man living in an unincorporated suburban community outside Chicago got a ruinously high tax bill that threatened to drive him out of his humble 1950s home. Darryl Lloyd bought the three-bedroom, one bathroom house in 2006, and according to him, the home’s current market value is just over $180,000. But when Cook County
Chicago-based Guaranteed Rate, one of the country’s largest mortgage lenders, has rebranded to Rate. The company made the announcement Monday on social media. “Today, we’re rebranding as Rate,” the company posted on LinkedIn. “Just like our streamlined name, we’re committed to making the mortgage process smoother, faster and smarter, using AI to empower both customers
US News By Patrick Reilly Published June 8, 2024, 6:37 p.m. ET Chicago’s progressive mayor Brandon Johnson spent a jaw-dropping $30,000 in campaign finance funds on personal grooming since launching his bid for office, according to a report. Johnson used the money his supporters contributed to his Friends of Brandon Johnson campaign fund to pay