Why Are Condos In Chicago Turning Into Rentals?

Why Are Condos In Chicago Turning Into Rentals?

Chicago has recently been hit by a storm known as condo deconversion. This means that many real estate investors are purchasing condominiums and turning them into apartments. Until recently, this wasn’t something you saw very often. In fact, it used to be the other...
Upcoming Commercial Real Estate Developments In The U.S.

Upcoming Commercial Real Estate Developments In The U.S.

Across the country, commercial real estate developments are happening every day. Whether it be a 75-story office on the west coast, a 47-story hotel on the east coast, or a 33-story condo tower in the midwest, there’s practically always something being built. Many...
What Is A Cap Rate In Real Estate?

What Is A Cap Rate In Real Estate?

If you’re interested in buying commercial real estate, one of the most important terms you should know is capitalization rate. The capitalization rate, or the “cap rate”, helps one determine the value of a commercial property, and knowing it is integral to the buying...