Condo Deconversion: Just a trend or here to stay?

Condo Deconversion: Just a trend or here to stay?

The shifting balance between apartment values and condo values will dictate the frequency of deconversions, but the appreciation potential for the majority of low-priced condominiums is very limited. In addition, there will always be condominium properties that fall so far behind on their maintenance that a deconversion becomes the only viable exit option for current owners.  

The Good, Bad & Ugly of Investing in Chicago Multifamily

The Good, Bad & Ugly of Investing in Chicago Multifamily

I’ve been hearing hesitancy from investment groups regarding investing in Chicago. Every day I’m talking with clients about anything from headlines to taxes to pension problems so I thought I would dig into the good, bad and ugly of investing in Chicago’s multifamily market.

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