On the heels of buying a large Romeoville apartment complex, an Oak Brook-based multifamily developer has bought another similar property in another nearby suburb. JVM Realty bought the 149-unit Courthouse Square apartment complex at 250 South Naperville Road in Wheaton for an undisclosed amount
There have been many challenges during the past three years, but depending on who’s asked, each hindrance can differ—as can each solution. Several overarching issues facing the rental housing industry are well-documented, such as staffing shortages, interest rate increases, and inflation.
The Naperville City Council last week passed an ordinance that would create a program that could coax developers into incorporating affordable units in residential developments
Tenancy in common (TIC) is a real estate transaction in which there is more than one owner of a specific property.
>As rising interest rates and economic volatility have stifled buying power for investors over the last six months, commercial real estate sellers often have found themselves somewhat of a standoff with potential purchasers.
Diversifying your investments is always a good idea. And in an economic moment like the present, it’s a borderline necessity when the market looks to be approaching a volatile period.