CA7: Takings Claim “has something to it,” But City Requiring Owner Pay Relocation Fee To Tenants Is A “Clunky” Form Of Rent Control, So You Lose

Worth reading, if only for its somewhat odd logic is the U.S. Court of Appeals for the Seventh Circuit&rsquo;s opinion in BBLI Edison, LLC v. City of Chicago , No. 25-1713 (July 22, 2026), where the court upheld, against a takings challenge, a city requirement (the &ldquo;Keep Chicago Renting Ordinance&rdquo;) that anyone who acquires a rental property via foreclosure must either enter into new…