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Marcus & Millichap Says Condo Deconversion Not Dead in Chicago
“Despite talk of a deconversion slowdown, and Chicago’s proposed ordinance to increase the required approval rate to prevent ‘hostile’ deconversions, we believe the trend will continue as long as investor appetite for multifamily remains strong and people prefer to live in apartments,” Stengle says.
NJ Transit Looks to Continue to Partner on TOD Projects
NJ TRANSIT has identified additional opportunities for similar TOD projects in Bordentown, Bound Brook, Camden, Hoboken, Trenton, and other communities throughout the Garden State.
NYC Firm Takes Advantage of Hot Downtown Detroit Market
GFI reports it has sold the 10-story 198-key hotel property for $59 million to Inland Realty Group.
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