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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.
Report: Onerous Taxes Make Chicago Casino Economically Unfeasible
The gaming board report later notes that the amount of profit relative to total development costs, inclusive of licensing and reconciliation fees, would be at best result in a 1% or 2% return annually, which is not an acceptable rate of return for a casino developer on a greenfield project.
Core Spaces, Goldman Sachs Partner On Student Housing Portfolio
The two companies are partnering to build a portfolio of student housing assets across the US.
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How to Develop Strategies in Opportunity Zone Investing
Opportunity Zone investing is a promising opportunity with substantial tax credits. Learn how it can strategically fit into your portfolio to boost your bottom line.
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How Property Owners/Managers Can Avoid an 'Insurance Gut Punch'
Discover the smart solution that property owners/managers are using to hedge their insurance exposure amidst rising premiums and high deductibles.
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