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CBRE reports that the O'Hare industrial market remains one of the region's tightest sectors, with a very low vacancy of 2.1%, well below the market average of 3.6%.
The companies value the US multifamily sector at more than $3 trillion and say that it has delivered higher and less volatile returns than most major US real estate sectors during the past 25 years.
The property at 4634 East Marginal Way is 94% leased to a variety of tenants, including ride-sharing giant Uber's Greenlight, a hub designed to provide in-person support to drivers.
APARTMENTSTech will focus on multifamily landlords that are using emerging tech in VR/AR, data and analytics, IOT/Smart Homes, and deal management platforms.
Sales of homes priced in the $1 million to $3 million range continue to surge and one such development, Mira, will be located in the Transbay neighborhood with access to the new Salesforce Transit Center.
On its Mercado del Barrio in San Diego's Barrio Logan, developer Shea Properties has worked with the community to preserve the local culture of the neighborhood.
Maximizing the value, improving the efficiency and maintaining the appeal of retail centers is becoming increasingly complex, says Robert Carson, Levin's executive vice president.