When you own a home, you have free reign over what goes on and is done in and to that space. Whether it’s the way you design your house, or how you choose to renovate (DIY or professionally), you have complete control. While this is one of the key perks to owning a...
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...
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...
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...