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Chicago's Hottest Submarkets

Hotbeds of Development and Suburban Demand

Event Ended On: Wednesday April 25 2018

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Event Host

Events Raw Space

Oak Brook Place

Oak Brook Place consists of 180,000 square feet of Class A, office space within two, identical, three-story, multi-tenanted buildings strategically-located at 2301 and 2011 West 22nd Street. The building has been institutionally-owned and has undergone substantial renovations over the past 10 years, including HVAC upgrades, restroom and corridor upgrades, full elevator modernization and replacement of the fire alarm panels. Most recently, in 2017, the lobbies and lower levels underwent an extensive $2 million renovation which also added full-service marketplace dining to the property.

Speakers and Panels

Developments to Watch: Uptown & The Lakefront

Alex Samoylovich

Alex Samoylovich

Co-Founder & Managing Partner, CEDARst Companies
Andrew Ahitow

Andrew Ahitow

Founder, City Pads
Mitchell Carrel
Moderator

Mitchell Carrel

Partner, Freeborn & Peters

New Suburban Frontiers

Venue

Oak Brook Place
2301 West 22nd Street
Oak Brook, IL 60523

Ballroom: Suite 300, 3rd Floor


Parking Information:

Please park on the EAST side of the property. We will have this area sectioned off with signage directing attendees.

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Agenda

Time Activity
7:30 AM
8:30 AM
Breakfast & Networking
8:30 AM
9:15 AM
Developments to Watch: Uptown & The Lakefront
9:15 AM
10:00 AM
Repositioning in the Suburbs
10:00 AM
10:30 AM
Post-Game Schmooze

Summary

1) Is the spillover into suburbs like Niles from the development surge in Chicago’s Far Northwest Side a trend we should expect to continue?

2) With multifamily transactions up 175% YoY in 2017 and high-end rental units at an all-time high, how is Chicago’s neighborhood condo deconversion trend impacting the multifamily market?

3) How significant are economic development efforts such as Rosemont's $60M Ballpark in driving CRE development?

4) How will the $2B O’Hare express rail project impact Chicago’s CRE market and which neighborhoods will benefit most?

5) With rent growth expected to slow to 1.9% relative to the national average of 3.9%, which neighborhoods can contrarian investors find substantial pockets of growth in 2018?

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