Market Trends

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

>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.

Finding your next multifamily investment can be challenging, especially in today’s market environment. Cap rates are at record lows, and interest rates are rising

Real estate investors commonly use IRS Code Section 103 to exchange properties, thus transferring and deferring tax payments. Pending changes to the IRS tax code could impede attempts to defer capital gains taxes through Section 103.