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Chicago's Older Apartments Running Out of Room to Raise Rent
Analysis of rent growth constraints facing older apartment stock in the Chicago multifamily market.
MultifamilyChicagoIllinois
Updated 5 days agoPublished Unknown
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Analysis of rent growth constraints facing older apartment stock in the Chicago multifamily market.
A West Loop office tower was acquired at a significant discount, reflecting current market conditions in Chicago's office sector.
Commercial real estate marketing executives report that AI tools have accelerated production workflows while creating challenges in tracking and interpreting traffic analytics.
Analysis of continued development momentum in Chicago's Fulton Market neighborhood amid broader slowdown in the city's commercial real estate construction activity.
Law firm Sidley Austin has committed to anchor a new 1 million square foot office tower being developed by Related in the Midwest.
An analysis of JDL's strategic vision for healthcare integration within the Foundry Park mixed-use development project in Chicago.
Google has committed to leasing a significant portion of redeveloped office space in a Chicago landmark building.
A 443,000-square-foot industrial building in the Chicago area changed hands in a transaction involving PJP Holdings and Elgin Industrial.
A Chicago-based affordable housing operator is divesting a 17-building portfolio.
A West Loop office tower has defaulted on a $343M Blackstone-originated loan, signaling distress in the Chicago office market.
Global outlook examining the impact of US tariff policy on real estate investment and market dynamics across Asia-Pacific regions.
Knight Frank examines conditions needed to revive activity in the US residential market.
Illinois Teachers Retirement System committed capital to a Locus Point-managed healthcare real estate debt fund with a $750 million target.
Sentinel Real Estate acquired two apartment complexes in the US Pacific region for $168 million.
Rising 10-year Treasury yields and a recognition that relief isn't coming are helping push deals in the CMBS market across the finish line.
Innocean USA has signed a 101K SF lease at Hackman's 888 N. Douglas for its headquarters, consolidating into the El Segundo campus.
The project will bring affordable apartments to Tustin by mid-2029.
Commercial real estate investment sales activity in the United States reached its strongest pace in the first half of 2026 compared to the same period in 2022.
A historic Beaux-Arts landmark property at 281 Park Avenue South in New York City sold for $81.5 million, brokered by Avison Young and SERHANT.
More than 500 condo owners filed suit over the development of two towers at Turnberry Isle Marina, alleging a breach of rights.
Fannie Mae and Freddie Mac are now requiring lenders to pay even closer attention to a condo building’s finances. This shouldn’t really be a shock for anyone who’s been paying attention to the condo market, especially in Florida. Effective last Monday, Fannie Mae retired its limited review process, and Freddie Mac…
The city projected a 60-month timeline to design and build the NBA arena, but county leaders haven't set up the hotel tax to help fund it. Nearly a year later, Bexar County still isn’t collecting new taxes for Spurs arena was first posted on August 9, 2026 at 5:00 am. ©2021 " San Antonio Report ". Use of this…
HOUSTON – Quannah Partners has acquired a site at Holmes Road and Alternate Highway 90 for the development of SouthMain 90 Park in southwest Houston. The Denver-based company announced the acquisition of a 7.84-acre infill site with access to Loop 610, Beltway 8, Highway 288, the Texas Medical Center, and... The…
As San Jose begins to create standards for building data centers, residents, advocates and researchers warn the city needs to develop robust safeguards for community health before approving any new projects. San Jose is kickstarting its community engagement process this month through September, gathering input on…
Apartment List reports July median rent at $1,388, up 0.2% month-over-month, with year-over-year growth accelerating and vacancy rates declining, signaling rental market tightening.
Monthly rental market snapshot showing national median rent at $1,388 with 0.2% monthly growth and 1.1% year-over-year decline, alongside vacancy trend data.
Fannie Mae is extending its Chicago foreclosure assault against properties connected to Lakewood, New Jersey-based investor Chaim Bialostozky, who’s also facing Walker & Dunlop’s accusations of making fraudulent real estate deals to receive inflated loan amounts. Fannie on Thursday filed a fresh lawsuit against…
A Washington state city enacted a data center ban in response to proposed development, raising questions about enforcement and future projects.
CBRE's mid-year review of Asia Pacific commercial real estate market conditions, trends, and outlook across multiple asset classes and local markets.
A national multifamily market report covering May 2025 data and trends across the U.S. apartment sector.
Monthly market analysis of the affordable multifamily sector tracking national trends and performance metrics.
Forward-looking analysis of national office market conditions and trends.
A national multifamily market report covering conditions, trends, and performance metrics across the U.S. apartment sector.
Monthly multifamily market analysis covering national trends, occupancy, pricing, and investment activity across U.S. apartment properties.
A national market analysis of affordable housing trends and multifamily conditions.
A national multifamily market analysis covering January 2025 conditions, trends, and performance metrics across the U.S. apartment sector.
Yardi Matrix publishes a national affordable housing market analysis covering multifamily trends and real estate conditions.
Amazon renews its 300K SF lease at 525 Market St. and plans additional growth in San Francisco office and robotics spaces.
A land bank for D.R. Horton, the nation’s largest homebuilder, bought 232 homesites in Florida City for $28.5 million. Miami-based Trans Florida Development, through an affiliate, bought the 40-acre vacant parcel on the southwest corner of Redland Road and Southwest 336th Street from an entity tied to Carrollton,…
Key Takeaway: The national industrial rent index has been flat for eight straight quarters, but that headline number hides a […] The post 2026 Industrial Gateway Market Overview: Rents, Concessions, and the Lease Expiration Wall appeared first on CompStak .
Developer Jeffrey Soffer put “unrelenting pressure” on the city of Aventura for the approval of a pair of condo towers in an exclusive waterfront enclave, a new lawsuit says. The condominium associations for the North and South towers on Turnberry Isle sued the city and YCM Acquisition, an entity managed by Soffer,…
Where Does the Office Market Actually Stand in 2026? The office recovery is real but shallow. Effective rents nationally only […] The post 2026 Office Market Outlook: Data on Recovery and Risk appeared first on CompStak .
Colliers SVP Seth Hecht has secured a 10-year, 13,815-square-foot lease renewal for architecture firm Selldorf Architects at 860 Broadway. Hecht represented Gordon Property Group in completing the long-term renewal transaction. Selldorf Architects was represented by Erik Schmall and Scott Weiss of Savills. Led by…
Ariel Property Advisors closed the sale of 425 Devoe Ave., a vacant multi-story industrial property in the West Farms neighborhood of The Bronx, for $10,750,000. The property spans 60,000 square feet above grade, which translates to $180 per square foot, with an additional 30,000 square feet below grade. An Ariel…
Advertising agency Innocean USA has signed a new 101,000-square-foot office lease at Hackman Capital Partners’ 888 N. Douglas property in El Segundo. The space will serve as the company’s U.S. headquarters and represents a relocation from 50,000 square feet of space in Huntington Beach. The tenant will move into…
Comcast consolidates space at Times Square's 1540 Broadway for its ad sales and tech arm.
This week in Houston real estate news, Stotan Industrial is building a 345K SF facility, a grocery store portfolio trades, and more.
Shopoff Realty Investments has secured unanimous approval from the Buena Park City Council for 5600 Beach Blvd, a 13.76-acre residential development in Buena Park. The property is currently occupied by the Amway Corporation with a corporate sale-leaseback in place until the end of 2026 and consists of two…
Ramrock Real Estate has unveiled its plans for the 1.2 million-square-foot, 40-acre Ridgmar Mall: a six-building, 930,960 square-foot logistics park development. The Dallas-based real estate investment firm bought the Ridgmar Mall at 1888 Green Oaks Road on January 23 for an undisclosed price, according to the…
Marcus & Millichap completed the sale of Park Plaza, a retail center in Matawan, NJ. The asset sold for $14.67 million. “Park Plaza attracted significant investor interest due to its diverse tenant mix, strong visibility and strategic location within one of Monmouth County’s most established retail corridors,” said…
Dana-Farber Cancer Institute and Sturdy Health have opened a new clinic in Attleboro, offering expanded outpatient medical oncology and hematology care for patients in Southern Massachusetts. Dana-Farber will operate the new ambulatory cancer clinic within the newly constructed Sturdy Health Specialty Care Building…
RAF Pacifica Group (RPG), a commercial real estate investment firm focused on acquiring and developing retail, industrial, mixed-use, and office properties across San Diego, has acquired a fully leased, five-tenant retail building at 548-568 South Coast Hwy. 101 in downtown Encinitas. The acquisition price was not…
Newmark has arranged a long-term, full-building industrial lease totaling 150,316 square feet on behalf of the tenant, Dynamic Manufacturing, at 7801 Industrial Drive in Forest Park, Illinois. Newmark Senior Managing Director Corey Chase represented the tenant in the lease negotiations. The landlord is First…
Link Logistics, an operator of last-mile industrial real estate and warehouse properties, announced the addition to its portfolio of a 402,444-square-foot industrial asset located at 5100 Jeff Commerce Drive in Louisville, Kentucky. Link Logistics was represented by CBRE in the transaction. The seller was…
Trident Capital Group and O’Connor Capital Partners announced the closing of a joint venture with Clarion Partners for the next phase of its Rickenbacker Industrial Center, a 959,579 square-foot speculative industrial facility located at 1669 Rohr Road in Columbus, Ohio. The partners also announced that…
Newmark said Friday it has advised on the sale and arranged $155 million in acquisition financing for 10 E. 53rd St., a 385,224-square-foot Class A office tower in Manhattan’s Plaza District. Meadow Partners acquired the property from seller SL Green Realty Corp. for $312 million. The acquisition loan was provided…
Savills has represented Lasko Products, Inc. in the sale of its 132,736-square-foot industrial facility located at 525 Mill Street in Columbia, Pennsylvania. Associate Director Michael Styer and Associate Director Jonathan Kays represented Lasko in the transaction. The facility was sold to Kleen-Rite Corp for $8.95…
Underwriting expectations for occupancy during the multifamily market's post-pandemic boom reflected the strong demand that characterized the market in 2021. Record apartment deliveries in the years since have reshaped market conditions, creating a widening gap between those expectations and current occupancy…
Microsoft is moving to retract local tax incentives for Atlanta data centers amid criticism and industry changes.
Fort Worth's Ridgmar Mall to become Ramrock Real Estate's logistics hub.