Multifamily rents cooling off at last? Compared to previous years, according to a new report by Apartment List. While prices remain up 5.5% year-over-year, they fall behind the Illinois average of 6.6% and outpace the U.S. average of 4%.
Market Trends
Regional and community banks have grabbed a larger market share of commercial real estate loans as banking giants like JPMorgan Chase, Bank of America and Wells Fargo have retreated from the market.
Everyone has eyes on the multifamily market activity as we move into the new year. Here’s a list of the four biggest multifamily trends we’re watching in 2022 and 2023.
Deadlines are approaching for those wishing to complete a Cost Segregation Study for their Commercial Real Estate and benefit from these tax benefits.
Multifamily values have been rising in suburban Chicago, which netted BREIT more money for the properties than they had previously sold for.
Date: April 25-26, 2023 Time: 9 a.m. - 4 p.m. CST The Commercial Real Estate Symposium will provide junior and senior agents and brokers with valuable insights on international opportunities, capital and funding for small businesses in today’s market, how to attract investors, and much more.