The Palmer House hotel nears a foreclosure sale, but it’ll likely be sold at a fraction of the property’s pre-pandemic value.

Meanwhile, a suburban apartment complex sees a different fate, as it’s sold for a record price.

And Google spends big on five local start-ups.

Crain’s Chicago Business reporter Danny Ecker goes behind the latest business headlines.

Crain’s Headlines is a joint production between WTTW and Crain’s Chicago Business. It airs every Monday on the WTTW News program “Chicago Tonight.”