Mar 19, 2020 | News
Fifteen to 20 years ago, the Chicago-area real estate was buzzing with conversions. Apartment buildings, often the vintage variety, were rapidly bought and converted into condominiums to appease the appetites of buyers looking to purchase a small piece of the real...
Aug 14, 2018 | News
By Matt Baker, REJournals Commercial buildings rarely retain one use. Office buildings transform into residential, post offices become retail and shuttered factories can go self-storage. In this context, it’s easier to grasp the condo deconversion trend that has...
Jun 13, 2018 | Blog
By Andy Friedman The current condominium deconversion trend in Chicago is still relatively new. The wave of apartment-to-condo conversions in the mid-2000’s has begun unwinding as condominium units are now often worth more as apartments, and as many HOAs now find... 