It’s the latest this year to illustrate the rise in apartment buildings values even at long distances from downtown Chicago. Collar counties have proven attractive to multifamily developers as of late, who say the jurisdictions provide more certainty regarding property tax costs than Cook County.

Multifamily, retail, office, industrial. How do you see each one of these being affected in this high inflationary environment with low credit and hard financing?

The Intro to Commercial Real Estate event will focus on training new professionals the basic skills and knowledge needed for a successful career in commercial real estate, including a detailed look at the different product types and services, technology you need to succeed, industry trade groups you can tap into, and more.

Apartment List reported that its rent index fell by 1% nationally in November, the third straight month of declines. While rents typically dip this time of year, this is the second straight month of record declines, indicating a pricing correction due to changing economic conditions and cooling demand, according to the report.

City living comes with cons—and for many, it’s sacrificing square feet. Fortunately for the self-storage sector, less space in the home means more is needed outside of ii, causing an increase in storage units near multifamily hotspots.

Aurora is forming a tax increment financing district to help pay for $50 million in benefits for the development of a new complex for the Hollywood Casino.