Category Archives: multi-family

Are the days of soaring apartment rents coming to an end?

by Dan Rafter Monthly apartment rents across the country remain high. But it appears that these rents might be rising at a slower clip throughout 2017. Yardi Matrix recently released its February rent survey, finding that the average U.S. monthly … Continue reading

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New life: Transforming outdated office buildings into apartment towers, high-end retail

A flurry of new development is hitting the Chicago office market, with much of it focused on turning outdated Class-C buildings into apartments, hotels, retail and student housing. Continue reading

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Construction outlook: More cranes in the sky, but labor shortages and rising costs await, too

by Dan Rafter When Paul Laird looks at the Midwest markets he serves as vice president and Midwest regional manager for United Construction Company, he sees a busy future. Construction crews are busy across the Midwest today, building spec industrial … Continue reading

Posted in Chicago Commercial Real Estate, Detroit commercial real estate, healthcare, Illinois, Illinois real estate, industrial real estate, Michigan commercial real estate, multi-family, office, retail, senior care facilities, shopping centers | Tagged , , , , | Leave a comment

Finance pros: Multifamily market still booming, overbuilding not yet a concern in Midwest

by Dan Rafter Minneapolis’ Dougherty Mortgage has been busy, fielding plenty of financing requests from investors who want to acquire and developers who want to build apartment complexes in the markets this commercial lender serves. Dougherty Mortgage isn’t alone, either. … Continue reading

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Veteran CRE pro: Milwaukee has a good story to tell

by Dan Rafter Two of the biggest construction projects in Milwaukee’s history are now underway at the same time. To little surprise, this is providing a boost to the city’s economy and commercial real estate market. Construction is now taking … Continue reading

Posted in industrial real estate, Milwaukee commercial real estate, multi-family, office, retail, Wisconsin commercial real estate | Tagged , , , , , , , , , , | Leave a comment

It’s complicated: A real estate market without product types

By Margy Sweeney Try telling a Millennial they can’t play where they work, or work where they live and shop. You won’t get far. The generation that brought us the status of “It’s Complicated” is changing the commercial real estate … Continue reading

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A new era of downtown high-rise apartments dawning in urban St. Louis?

by Dan Rafter The challenge in St. Louis’ urban core has long been the same: Renters looking for modern, high-rise apartments had no option. That appears to be changing. Construction is underway now at Two Twelve, a 26-story mixed-use building … Continue reading

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