CHICAGO—The multifamily and office sectors in the Chicago regionhave been riding high for years, and each still attracts a greatdeal of interest from investors. But several subtle shifts in themarket are underway, and some potential buyers, looking fordiversity in their portfolios, have begun recalibrating theirpriorities. And these moves could mean making more capitalavailable for other sectors, especially industrial, now seen aspotentially more rewarding.

“Multifamily is still a very desirable asset class that peopleneed exposure to,” Matt Wurtzebach, vice presidentwith Draper andKramer's commercial finance group, tells GlobeSt.com.But worries over a possible softening in the sector means “somecapital sources have become more selective on which multifamilyassets they will finance,” and now look for ones in even betterlocations and higher quality sponsorship.