Apartment Sales to Stay Brisk in 2018

Jay Madary of Oak Brook, IL-based JVM Realty Corp.

CHICAGO—Investors have increasingly given more looks to properties in secondary and tertiary markets, and this has greatly benefited owners in the Midwest region. And with competition still quite intense for properties in core cities, this state of affairs should continue for the rest of the year.

GlobeSt.com sat down to talk about the current state and future prospects of the region’s multifamily market with Jay Madary, president and chief executive officer of JVM Realty Corp., an Oak Brook, IL-based owner and operator of class A and B garden-style and mid-rise apartment communities in secondary and tertiary markets in the greater Midwest. The company’s portfolio consists of communities in suburban Chicago; Cleveland; Indianapolis; Kansas City; and Tulsa, OK.