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Multifamily

German developer buys historic New Center apartment complex for $2.6 million

December 6, 2018 |

A German real estate investor and developer has purchased the Seward Plaza Apartments in New Center for $2.6 million and plans “significant” improvements.

Optima Seward LLC, a subsidiary of Munich-based Optima Aegidius Group, made the deal late last … Read More

Ho Ho Ho! ‘Tis the Decorating Season Again!

December 3, 2018 |

Turkey leftovers are gone, but the holiday season has just begun. As a property manager, you want to contribute to your residents’ well-being during this special time of the year. But then you might consider some issues: Should I decorate … Read More

Does Interior Design Matter in Rental Housing?

November 30, 2018 |

We all know that among aspects that a renter is looking for, there are a few that are most important: location and amenities. But what about the interior design of? Does it matter? The answer is yes! As a property … Read More

Local commercial sales approaching record high

November 27, 2018 |

It’s been a big year for Chicago commercial real estate deals.

Investors spent $16.3 billion on local commercial properties during the first nine months of the year, the most for that period since 2007, according to data from Real Capital … Read More

Report: U.S. Commercial Real Estate Pricing Growth Cools In Late 2018

November 27, 2018 |

Growth in U.S. commercial property prices decelerated in October to the slowest annual pace in 2018 so far, according to a new report by Real Capital Analytics.

The company’s U.S. National All-Property Index was up 6.4% from a year ago. … Read More

Commercial Real Estate Markets Largely Stabilize In Q2 2018

November 21, 2018 |

Ten-X Commercial, the nation’s leading online and only end-to-end transaction platform for commercial real estate, today released its latest CRE Volume & Pricing Trends report. The analysis found that CRE transaction volume totaled $111.4 billion in the second quarter of 2018, a … Read More

Why Build a Condo With No Parking?

November 15, 2018 |

You don’t have to squint hard to see a Chicago where residents have all but given up driving in favor of getting around via the L, Uber, Lime scooter, or whatever mode of transportation comes into vogue next.

That’s led … Read More

How to Raise the Appeal of Your Multifamily Property with Pet-Friendly Services

November 14, 2018 |

Today’s family boasts some extra-wild children—pets. Lovingly referred to as “fur babies,” pets are becoming a staple in the average renter’s household, with 70 percent owning pets in 2017.

Thanks to their certified family member status, pets can make or break a … Read More