... ahead of projections in its latest earnings report last month. Suburban Chicago shopping centers like The Evergreen Plaza have especially felt the ... with many being redeveloped into walkable, mixed-use projects containing apartments, retail and restaurants.
... in the transformation of Chicago’s core. The developer currently manages more than 15,000 apartments across the country, and ... Park. “Residents of both of these developments get that suburban neighborhood feel, including trees, grass, parks, playgrounds, all ...
... Chicago Business, citing data from Integra Realty Resources. Rents also declined, falling between 18% and 23%, depending on the class of apartments. Suburban ... damage the economy, a steady demand for Chicago-area apartments should return. “We’ve weathered the ...
... benefit from “a significant rental premium” of the newest apartments because of escalating construction costs. “The limited number of ... few months in Metro Atlanta as investors flock to both suburban apartments and urban high-rises. “[Atlanta] is one of the ...
... developers to satisfy the growing demand for apartments with distinctive architecture. Chicago-based R2 Cos. has identified another kind ... 1453 Maple Ave. in north suburban Evanston, a 1928 structure designed by famed Chicago architect John Holabird. The ...
... Cos. just completed its latest south suburban buys, the $17.4M purchase of Central Park Apartments, a 220-unit community in Park ... $50 and $150. Cap rates for multifamily communities near Chicago’s downtown core frequently sink below 5%, according to a ...
... the Sun Belt over gateway cities like Chicago or coastal markets, Smith said. ... greatly increased CRG’s confidence in suburban Atlanta towns such as Alpharetta and ... is turnover,” he said. Turner keeps apartments filled by also providing free employment ...
... Chicago and suburban Harvey. In Austin, POAH purchased two buildings at 325 and 345 North Austin St. with a total of 94 apartments ... 2008, including the 700-plus new or rehabbed apartments in Chicago’s Woodlawn neighborhood that replaced the decayed Grove ...
... housing group, which has developed and managed thousands of apartments throughout Chicago's South and West Sides, said the latest ... the fact most counties in Illinois lost population while suburban collar counties were stagnant or grew slowly, the population ...
... attempt, you might think deconversions were dying in Chicago. But out in north suburban Gurnee, one just got done, showing such opportunities ... are worth as condos, and what they are worth as apartments,” 33 Realty’s Sean Connelly said. Connelly and his ...
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