Chicago Multi Family Outlook 2015
Friday, August 14
During 2015, the city will receive 3,700 new apartments, a 1.7 percent expansion in inventory. This is the highest level of completions since 2000. Last year, 3,000 rentals were delivered.Suburban Developers finalized 630 apartments during the first six months of 2015, wit...
Cranes are everywhere in Chicago-land as Construction heats up
Friday, August 14
Strong Rental DemandSustained job growth attracts residents to the region and underpinning rental demand. In the last four quarters, roughly 9,600 new households were established metro wide and due to rising home prices and the lack of a down payment, many of these residents will rent. Strong ten...