August 15, 2025

Today's Featured News

Double Duty: Enhancing Affordable Housing While Easing Tax Burdens

Multifamily & Affordable Housing Business

Interra Realty Director Max Grossman (left) penned a byline for Multifamily & Affordable Housing Business that looks at how tax relief programs can help boost affordable housing supply as well as multifamily investment. Interra recently brokered the $4 million sale of 4915 S. Drexel Blvd. (right) in Chicago’s Kenwood neighborhood to a buyer who plans to transition operations of the building from market-rate to affordable housing.


When smart business strategies align with good housing policies, it’s a win-win for all. Taylor Johnson recently helped client Interra Realty place a byline with Multifamily & Affordable Housing Business delving into how initiatives such as Cook County’s Affordable Housing Special Assessment Program can boost both affordable housing preservation and investors’ bottom lines. The article outlined the program’s approach of offering tax incentives to owners who renovate affordable rental properties, aiming to narrow the housing affordability gap. The program and others like it also incentivize further investment by creating a clearer financial path for buyers interested in properties needing substantial repairs, thanks to reduced and more predictable taxes.




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News
Residential Real Estate

Mortgage Rates Hit 10-Month Low. Will Buyers Bite?

Real Estate News


Tax Bill Bonanza For Short-Term Rental Investors. How To Seize The Moment.

Mansion Global


What Compromises Are Homebuyers Willing To Make In Order To Afford A Home?

ProBuilder


Homeowners Turn To Cash-Out Refinancing To Take Advantage Of Big Gains In Home Equity

Associated Press


*Two Generations Are Making A Risky Bet On Housing. It May Not Pay Off.

The Business Journals

 
Commercial Real Estate

A Tough First Apartment Hunt Led This Northwestern Dropout To Launch An AI Rental-Tour Platform

Crain's Chicago Business


Some Older Offices Are Still Fighting For Tenants — And They're Winning

Bisnow


*Cities Grapple With Short-Term Rental Rules As 2026 FIFA World Cup Approaches

The National Observer


Higher Education Strategies For Recruiting And Retaining Students And Staff

Building Design + Construction


AI Is Moving Into The Apartment Market, Taking Over Work Orders, Lease Renewals, Showings And More

CNBC

 
Business/Economy

*Nobody’s Buying Homes, Nobody’s Switching Jobs — And America’s Mobility Is Stalling

The Wall Street Journal

 
In Other News

From Gray To Green: Across Chicago, Dozens Of Concrete Schoolyards Transformed Into Community Hubs And Flooding Solutions

Chicago Tribune



The Truth About Those $1 Homes In Italy

The Playbook

 
Client News

Related And KABOOM! Unveil New Resident-Designed Playground At Marshall Field Garden Apartment Homes In Chicago


Game On: McHugh Construction Moves Forward With Sports Facility Projects In Vail, Colo., And Elmhurst, Ill.


Interra Realty Brokers 3 Multifamily Deals On Chicago’s North Side Totaling Over $12 Million


swissQprint America Acquires 3-Acre Site At Canterfield Corporate Campus In West Dundee, Ill., For New North American Headquarters

 
Events
**Taylor Johnson Staff To Attend

CREW Chicago Tee It Up Your Way – It's All About The Fun! 18 Holes Of Golf

Tuesday, August 19, 2025


CREW Chicago August Prospective Members Coffee And Conversation

Tuesday, August 19, 2025


CREW Chicago Staying Sharp: DEI Training Series - Session 1

Wednesday, August 20, 2025


NAIOP Farewell To Summer Networking Event

Wednesday, August 20, 2025


CoreNet Trivia-Palooza Hosted By The Young Leaders

Thursday, August 21, 2025


REIA Summer Cocktail Party (Members Only)

Thursday, August 21, 2025


Chicago Association Of REALTORS® Summer Soiree

Thursday, August 21, 2025


Women's Council Of REALTORS® En Blanc Summer Soiree: Speed Networking Event

Thursday, August 21, 2025


**Bisnow Multifamily Annual Conference Midwest

(featuring TJ clients Habitat and CRG)

Tuesday, August 26, 2025


Chicago Association Of REALTORS® YPN Breakfast: Collaborating To Success

Wednesday, August 27, 2025


CREW Chicago New Business Strategies: Expanding Your Reach (Members Only)

Wednesday, August 27, 2025


Chicago Association Of REALTORS® Power Lunch With Andy Velkme: Unlocking Efficiency – AI In Commercial Real Estate

Thursday, August 28, 2025


Commercial Observer Retail Real Estate – First Half 2025 Recap

Thursday, September 4, 2025


Women's Council Of REALTORS® 10 Ways You Can Use AI Right Now

Thursday, September 4, 2025


IMN Bank Special Assets Midwest

(featuring TJ client NAI Hiffman)

Monday, September 8 - Tuesday, September 9, 2025


NAIOP CRE.Converge

Monday, September 8 - Wednesday, September 10, 2025


10th Anniversary Real Estate To The Rescue Golf Outing

Tuesday, September 9, 2025


ProConnect Single Family

Sunday, September 15 - Tuesday, September 17, 2025


C5 + CCIM Global Summit

Tuesday, September 16 - Thursday, September 18, 2025


CREW Chicago Staying Sharp: DEI Training Series - Session 2

Tuesday, September 17, 2025


**The Goldie Gala

(hosted by TJ client The Goldie Initiative)

Thursday, September 18, 2025


Bisnow Chicago Healthcare Summit

(featuring TJ client Habitat)

Thursday, September 18, 2025


Charity Golf Classic

(presented by TJ client Related Midwest)

Thursday, September 18, 2025


Breakfast Meeting: REIA/DePaul Summit On Capital Markets

Thursday, September 18, 2025


CoreNet Classic 2025

Thursday, September 18, 2025


Bisnow Data Center Investment Conference & Expo (DICE): Midwest

Thursday, September 25, 2025


Harold E. Eisenberg Foundation Career Day

Thursday, September 25 - Friday, September 26, 2025


CCIM CI 102: Market Analysis For Commercial Investment Real Estate

Monday, September 29, 2025


Bisnow How To Fill Your Building Summit

(featuring TJ client Bradford Allen)

Tuesday, September 30, 2025


ULI Chicago | Rethinking Risk: How Institutional Capital Is Navigating Uncertainty

Tuesday, September 30, 2025


CIP Journal Chicagoland Supply Chain, Distribution, Logistics, Industrial Summit

Wednesday, October 8, 2025


REIA Oktoberfest Cocktail Party

Thursday, October 9, 2025


CAA Trade Show & Education Conference

Tuesday, October 14, 2025


BOMA/Chicago Expo

Wednesday, October 15, 2025


CREW Chicago CRE Market Pulse: 2026 Economic Update

Wednesday, October 15, 2025


Debbie's Buck-It Bash​

Thursday, October 16, 2025 


REIA Breakfast Meeting: Multifamily Trends

Thursday, October 16, 2025 


Bisnow Chicago State Of The Market

(featuring TJ client NAI Hiffman)

Thursday, October 23, 2025 


**Illumination

(hosted by TJ client CRG)

Saturday, October 25, 2025


Chicago Build Expo 2025

Wednesday, October 29 - Thursday, October 30, 2025


REjournals Chicago Capital Markets Summit 2025

Thursday, October 30, 2025



I.CON Central

Monday, November 3 - Tuesday, November 4, 2025


9th Annual PowerHouse SMART Chicago Luxury Conference

Wednesday, November 5, 2025


CAA Preview 2026: Annual Apartment Industry Outlook

Thursday, November 6, 2025


Harold E. Eisenberg Foundation Annual Dinner

Thursday, November 6, 2025


AHF Live

Monday, November 17 - Wednesday, November 19, 2025


Bisnow Midwest Industrial Summit

Thursday, November 20, 2025


**Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders, managed by TJ events team)

Thursday, November 20, 2025


2025 REFF Holiday Party

Thursday, December 4, 2025


CAA 2026 New Year Kick Off (NYKO)

Wednesday, January 21, 2026

 

CAA 2026 Business Exchange

Tuesday, March 3, 2026

 
Job Openings

Assistant Property Manager

RMK Management


Project Manager

Baker Barrios Architects


Architect

Baker Barrios Architects


Interior Designer

Baker Barrios Architects


To post an open position, please contact Gina Graf at ggraf@taylorjohnson.com.

 
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TJ TALK is a daily digest of the top real estate, marketing and media news and events compiled by the team at Taylor Johnson.


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