His home in Lake Forest, Ill., is the fifth turn-of-the-20th century property he has restored. Asking $12.999 million, the architecturally significant house has panoramic views of Lake Michigan.

“I have no problem with these developers doing luxury homes,” said Lake Forest resident Stephanie Bost. “Eight or nine would be fine. But 72 townhomes is just insanity.” The 72 townhomes ...

Usually a sleepy time for high-end residential real estate deals, this summer has seen a streak of fresh listings for mansions and penthouses ... The average for Lake Forest homes like it is ...