Randolph TaylorRandolph is a Multifamily Investment Sales Broker with eXp Commercial servicing Multifamily Buyers and Sellers in the Greater Chicago Area. www.creconsult.net/home-chicago-multifamily-brokerage/broker/broker-randolph-taylor/
Tag Archives: Apartments
Market Trends
Selling Multifamily Property: Guide with eXp Commercial
Learn the process of selling your multifamily property with eXp Commercial. Maximize value and createRead more
Continue reading
Market Trends
Selling an Apartment Building FAQ’s
Are you thinking of selling your multi-family property? Here are some of the most frequentlyRead more
Continue reading
Market Trends
If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
The most important benefit of exclusively listing your property with a broker is representation.
Continue reading
Market Trends
Should I Sell or Should I Hold? When is the best time for asset repositioning?
It doesn’t really matter what the current real estate market is like if you areRead more
Continue reading
Market Trends
Why Should I Sell My Multifamily Property?
There are a number of reasons why people decide to sell their multifamily property, butRead more
Continue reading
Marcus & Millichap is proud to present for sale a fully-occupied high yielding 22-unit multifamily portfolio in the western Illinois city of Macomb, home of Western Illinois
University. Offering generous rates of return, this portfolio is composed of six separate properties in close proximity to one another consisting of nine two-bedrooms, eight
one-bedrooms, and five studios.
The sale highlights the strength of the suburban Chicago apartment market, which has lifted rents and property values over the past several years.
Tight labor market curbs job creation. The U.S. economy added 20,000 jobs in February, the lowest monthly total since September 2017. While the partial government shutdown and winter storms contributed to last month’s meager showing, the pace of hiring should recover in March.
Rent Control reduces the supply of rental units, increases prices for properties not covered and prevents those most in need from benefiting.
A construction wave was supposed to test the downtown market this year, with competition from 4,400 new apartments—an annual record—hampering landlords’ ability to keep hiking rents and possibly even pushing rents down. Overbuilding often ends real estate booms, and the risk of that happening in Chicago seemed to be growing at the end of last year.