Chicago

Chicago Multifamily Report – January 2023

Rent growth slowed, but investors kept closing deals across the city.

Charlton Hamer, Senior Vice President of Habitat Affordable Group

Building Affordable Communities With DEI in Mind

The Habitat Co.’s Charlton Hamer discusses how affordable housing intersects with DEI initiatives.

Lendlease Starts Preleasing at Chicago Community

Aiming to benefit from a lack of new local product, the building is the second phase of a downtown mixed-use project.

Freedom Village. Image courtesy of Preservation Equity Fund Advisors

PEF Advisors Buys Chicago-Area Affordable Senior Housing

Carefree Development sold the 198-unit property.

VISTA Property Tops Out Chicago Tower

The firm and general contractor Skender reached the milestone at their downtown luxury development.

JVM Realty Corp. Acquires Chicago-Area Luxury Community

The property last traded for $46 million.

Related Midwest Details Name, Design of Luxury Chicago Tower

The project is one of the city’s first 80/20 buildings under the Affordable Illinois legislation.

Chicago Asset Changes Hands for $131M

Stonebridge Luxury Apartments last traded in 2016, for $105 million.

JV Starts Construction on Chicago Mixed-Use Property

The project is the first major development to launch in the Streeterville neighborhood since 2019.

Lincoln Property’s $90M Chicago High-Rise Gets Key Approval

Gilbane Building Co. is the development’s general contractor.