Although occupancy has fallen in both urban and suburban areas since the pandemic started, the impact has been more pronounced in the urban areas.
Tag Archives: Suburban
While COVID-19 has slammed many parts of the economy, suburban apartments are performing well for one company.
An online real estate database company just released new figures showing that renters’ preferred location is tiling toward the suburbs.
Multifamily Investment Sales Broker at eXp Commercial
Randolph is a Multifamily Investment Sales Broker servicing Multifamily Buyers and Sellers in the Greater Chicago Area.
P 630.474,6441
E [email protected]
P 630.474,6441
E [email protected]
Latest posts by Randolph Taylor (see all)
- 2023 Demand for Apartment Buildings Will Remain Strong - January 19, 2023
- Commercial Rate Snapshot January 16 2023 - January 16, 2023
- Earn MiCP Designation (Masters in Commercial Property) with eXp Realty - January 13, 2023
If you own an apartment building in downtown Chicago, the grass looks a lot greener out in the suburbs right now. With developers adding thousands of apartments to the city skyline, the supply of downtown units is exceeding demand, dragging down rents. But that’s not the case in the suburbs, where development also has […]
The burst of investment activity suggests that the suburban Chicago apartment market is still going strong after a record year for multifamily sales in 2016. Suburban rents are rising at a slow, steady pace, and developers haven’t gotten carried away with new projects, giving investors the confidence that they will continue to generate attractive returns by buying apartments here.