A new report from the Chicago Loop Alliance, a neighborhood business advocacy group, shows the city’s downtown closed December at or near pandemic-era highs in key occupancy metrics, though they still lag behind 2019 levels.
Labor availability continues to challenge apartment operators’ ability to build new development or perform value-add projects. Whereas the saying goes: Real estate is all about location, location, location; today, it’s more about labor, labor, labor.
In the 4th quarter of 2021, the U.S. apartment market saw occupancy tighten for the first time ever during the seasonally slow leasing period.
Commercial real estate is viewed as one of the best places to invest money during periods of high inflation, especially properties that can increase rents with the market, like apartments, hotels, and self-storage properties
A new luxury rental community is officially open in Plainfield. Located on Wallin Drive, near Route 30 and IL-126, the complex houses 284 units and a clubhouse with a resort-style pool.
To help investors adapt to and capitalize on the unprecedented climate, the 2022 Multifamily Investment Forecast offers deep insight on the performance, investment, and financing landscape for the coming year.