Updated over 2 years ago on . Most recent reply
Finding Commercial Real Estate Mentor
Hi there!
I have huge aspirations of developing a commercial property in Woodlawn for University of Chicago students.
Think hostels + sorority house.
I’m currently in the process of getting my real estate license with an emphasis on commercial real estate and would love to network with you guys.
Leave a reply if you’re open to connecting and sharing some wisdom!
xoxo
Mei Bae
Most Popular Reply
Hey @Meibae Wu - I think whether you redevelop or start from will totally depend on how the numbers work out. If you found some great-priced land where you can make new construction, that's awesome and you should do that. However, if you can find a great existing building that you can renovate that might be a less expensive option.
Building new construction here in Chicago is definitely much more expensive than it used to be...
- Jonathan Klemm
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