CHICAGO—The multifamily market took off after the end of therecession and was soon setting records for new construction andinvestment, especially in core urban areas. And although a naturaland largely expected slowdown has recently taken hold, many developers still had agreat 2017, and now look to 2018 with confidence.
Chicago-based CEDARst just wrapped up severalattention-grabbing projects, for example, and will soon breakground on several more. The company raised more than $150 millionof fresh capital in 2017, with an additional $250 million projectedin the first half of 2018 across a number of upcomingdevelopments.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
