Chicago Leader Hirsh Mohindra: Expertise in Multiple Industries

If you want to understand how land really changes — how quiet fields become neighborhoods, how crossroads become commercial corridors, how small towns reimagine themselves — forget the dramatic skyscrapers and megaprojects. Look instead at the slow, powerful influence of infrastructure. Few forces transform land use more reliably than transportation, and in Illinois, one of the clearest examples of this evolution can be found in a place many Chicagoans have never heard of: Elburn . Elburn doesn’t look like the epicenter of a land-use revolution. It’s a small community at the western edge of the Chicago metropolitan area, bordered by cornfields, crossed by county roads, and steeped in rural character. Yet in 2006, when Metra extended the Union Pacific West Line from Geneva to Elburn, the town found itself thrust into a future it hadn’t entirely planned for — but would have no choice but to navigate with intention. Transit can transform land in subtle increments or dramatic strokes. In E...

Land use in Illinois has always reflected the state’s evolving identity — from prairies to farmland, from industrial corridors to sprawling metropolitan development. But no land-use transformation has been as ambitious, complex, or symbolically powerful as the conversion of a former weapons manufacturing site into one of the largest ecological restoration projects in the United States. The creation of the Midewin National Tallgrass Prairie on the former grounds of the Joliet Army Ammunition Plant is not merely a conservation initiative — it is a sweeping reimagining of how deeply damaged land can be healed, repurposed, and reintegrated into community life. “Most states inherit contaminated or decommissioned federal sites and simply try to make them safe,” says Hirsh Mohindra , Analyst . “Illinois took the boldest possible approach: it didn’t just clean up the Joliet Arsenal — it transformed it into something ecologically extraordinary.” This is the story of how thousands of acres scar...

  If you drive west from Chicago, leaving behind the dense streets and Midwestern skyline, the land begins to stretch open. Suburbs gradually thin, industrial parks give way to fields, and the landscape becomes something older—something that predates expressways, subdivisions, and zoning codes. For generations, that farmland has shaped Illinois’ culture and identity. And yet, year after year, acre after acre slips away under the pressures of suburban expansion, warehouse construction, and shifting economic priorities.   Illinois is losing farmland faster than most people realize. The sprawling movement of the Chicago metropolitan area—particularly across Kane, McHenry, Kendall, and Will Counties—continues to consume what was once some of the most productive agricultural land on the planet. While the Land of Lincoln is commonly associated with corn and soybeans, development pressures are transforming the landscape at a pace that alarms planners, conservationists, and farmers al...

The landscape of residential real estate financing in Illinois is undergoing a fundamental transformation. As traditional mortgage lending collides with new capital models — such as shared appreciation agreements, equity-participation deals, fractional investment structures, and hybrid consumer–investor financings — the state’s regulatory regime is adapting in real time. What once fell comfortably outside the scope of mortgage regulation has now triggered closer scrutiny, culminating in the significant 2025 amendments to the Illinois Residential Mortgage License Act (“RMLA”) , which formally brought shared appreciation agreements within the definition of a regulated residential mortgage loan. The shift reflects a broader national trend: funding models that blur the line between debt and equity are no longer niche products offered by experimental fintech players. They are becoming mainstream alternatives for homeowners seeking liquidity without taking on traditional amortizing debt. Bu...