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Skokie Hotel Development

Sector: Road • Location: Skokie, Illinois, United States

Source: The Real Deal

Project
Under Construction

E&M Strategic Development is facing a foreclosure lawsuit over its $23.7 million construction loan for a hotel project in Skokie. The project, which broke ground in 2022, aims to build a mixed-use building featuring a Homewood Suites by Hilton Hotel and Conference Center, but has encountered multiple setbacks including budget shortfalls and ongoing litigation.

Status
Under Construction
Sector
Road, Hotel, Commercial
Location
Skokie, Illinois, United States of America
Updated
22 Jul 2026
Source
The Real Deal

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Project Information

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The project “Skokie Hotel Development” is an infrastructure initiative in the Road sector, located in Skokie, Illinois, United States. Taiyo aggregates data on it from The Real Deal.

Participants

Not available for this record.

Status

Original status

Under Construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

E&M Strategic Development is facing a foreclosure lawsuit over its $23.7 million construction loan for a hotel project in Skokie. The project, which broke ground in 2022, aims to build a mixed-use building featuring a Homewood Suites by Hilton Hotel and Conference Center, but has encountered multiple setbacks including budget shortfalls and ongoing litigation.

Original sector

Development

Budget

Location

Country

United States of America (USA)

State

Illinois

City

Skokie

Source

Source

The Real Deal

URL

More Details

Record type

Project

Sector

Road, Hotel, Commercial

Article published date

2025-03-10

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