July 14, 2025

Today's Featured News

Nick Melrose Dishes On Chicago’s Challenges And Staying Power During The Real Deal's 'Building Luxury' Panel

The Real Deal Chicago



Taylor Johnson client Nick Melrose, founder of Melrose Ascension Capital, shared how to build Chicago multifamily that still pencils out in today's challenging market during a panel hosted by The Real Deal at the Merchandise Mart.


There's no shortage of headlines about the recent lull in high-rise new construction in Chicago, but some developers are making it happen with creative approaches. One example is Taylor Johnson client Straits Row, a new 18-story tower in the South Loop developed by Q Investment Properties and Melrose Ascension Capital (MAC), which opened in the spring. MAC founder Nick Melrose joined The Real Deal Chicago’s “Building Luxury” panel last month to share how the two firms maximized density by incorporating co-living with traditional units, enabling them to bring to market what represents half of the new deliveries in downtown Chicago this year.




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Taylor Johnson will be hosting a free workshop for high school students to explore the world of communications and brand building through an interactive PR 101 workshop. Held on Wednesday, July 23, from 10 a.m. — 3 p.m. at our West Loop office, the session will give students a firsthand look at key aspects of public relations, including media relations, social media marketing and event planning. If you know someone who might be interested — whether it's your own child, a relative, neighbor or friend — please share this opportunity with them. We'd love to have them join us! Contact Madeline Hardy with any questions.



 

RSVP Here By Wednesday, July 16

 
News
Residential Real Estate

*These Are Chicago's 5 Hottest Housing Markets

Chicago Business Journal


Housing Market Shows Signs Of Midyear Plateau As Inventory Growth Stabilizes

Realtor.com


Modest Homes Are Winning The Market

Axios


7 Decorating Trends '90s Moms Nailed That Are Making A Comeback

Better Homes & Gardens

 
Commercial Real Estate

Developer Eyes Ford City Mall Demolition, New Warehouse Project

Crain's Chicago Business


Utilities Slowing Development Of Self-Powered Data Centers

Bisnow


AI Robots Can Already Carve Stone Statues. Entire Buildings Are Next

Fast Company


Office Occupiers Step Up As Buyers Amid Distressed Market

GlobeSt.



*Can The French Reinvent America’s Broken Department-Store Model?

The Wall Street Journal

 
Business/Economy

*Activists Call On State To Fill Nearly $1 Billion Transit Funding Gap: 'I Don’t Know How I’m Going To Get Around'

Block Club Chicago



It’s No Bluff: The Tariff Rate Is Soaring Under Trump

The New York Times

 
In Other News

Chicago Is Rethinking What Accessibility Really Means

Crain's Chicago Business

 
Last Week's Top Stories

Lenders Seek Options For Distressed CRE Loans

(featuring TJ clients Ginsberg Jacobs and NAI Hiffman | Hiffman National)

The Business Journals



From Homeowners To Renters: Baby Boomers Seek Flexibility

(featuring TJ clients RMK Management Corp. and Optima, Inc.)

REALTOR® Magazine


For Family Reunions, Just Walk Down The Hall

The New York Times

 
Events
**Taylor Johnson Staff To Attend

LAI Chicago Region Chapter Homecoming

Wednesday, July 16, 2025


CBC Nourishing Hope Volunteer Event

Wednesday, July 16, 2025


WTWH Healthcare CIO Forum Conference

Thursday, July 17, 2025


CAA 2025 Golf Outing

Thursday, July 17, 2025


REIA Cigar & Bourbon Tasting Party

Wednesday, July 23, 2025


ULI Chicago | Site-Tour: The Foundry

Wednesday, July 23, 2025


CREW Collective – From Startup To Scale-Up: Essential Strategies For Growing Your Business

Thursday, July 24, 2025


CREW Chicago Annual Sponsor Appreciation & Networking Event

Thursday, July 24, 2025


REjournals National Net Lease Summit

Thursday, July 24, 2025


BOMA/Chicago Brief

Wednesday, July 30, 2025


**CREW Chicago Unique Uses: Exploring Emerging And Experiential Real Estate Uses

Wednesday, July 30, 2025


CoreNet Development Cruise – Real Estate On The River

Thursday, July 31, 2025 


Women's Council Of REALTORS® Network 360° Leadership Conference

Wednesday, August 6 - Friday, August 8, 2025


NBOA 2025 Summer Soiree

Thursday, August 7, 2025


IREM Chicago 2025 Golf Outing

Monday, August 11, 2025


CBC At Gibsons Italia Rooftop

Wednesday, August 13, 2025


PHS + IDS Collaborative Luxury Outdoor Living Summit Education + Relationship Building

Wednesday, August 13, 2025


BOMA Chicago Golf Classic

Thursday, August 14, 2025


Women's Council Of REALTORS® Summer Social

Thursday, August 14, 2025


REjournals Chicago Capital Markets Summit 2025

Friday, August 15, 2025


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

Tuesday, August 19, 2025


CoreNet Trivia-Palooza Hosted By The Young Leaders

Thursday, August 21, 2025


REIA Summer Cocktail Party (Members Only)

Thursday, August 21, 2025


Bisnow Multifamily Annual Conference Midwest

(featuring TJ client Habitat)

Tuesday, August 26, 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


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


Breakfast Meeting: REIA/DePaul Summit On Capital Markets

Thursday, September 18, 2025


Bisnow How To Fill Your Building Summit

Tuesday, September 30, 2025


CAA Trade Show & Education Conference

Tuesday, October 14, 2025


BOMA/Chicago Expo

Wednesday, October 15, 2025


Debbie's Buck-It Bash​

Thursday, October 16, 2025 


REIA Breakfast Meeting: Multifamily Trends

Thursday, October 16, 2025 


Illumination

(hosted by TJ client CRG)

Saturday, October 25, 2025


Chicago Build Expo 2025

Wednesday, October 29 - Thursday, October 30, 2025


REjournals Chicagoland Mid-Year Industrial Summit

Thursday, October 30, 2025


I.COM 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


AHF Live

Monday, November 17 - Wednesday, November 19, 2025


Bisnow Midwest Industrial Summit

Thursday, November 20, 2025


CAA 2026 New Year Kick Off (NYKO)

Wednesday, January 21, 2026

 

CAA 2026 Business Exchange

Tuesday, March 3, 2026

 
Job Openings

Director Of Research

Hiffman National


Financial Planning & Analysis ('FP&A') Associate

Logistics Property Company, LLC


Assistant Property Manager

RMK Management


Leasing Consultant

RMK Management


Maintenance Supervisor

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.

 
What is TJ TALK?

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


*An asterisk denotes a story that may require a subscription to the online publication to view full-story content.

 
Taylor Johnson

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For more information about our public relations, social media, content development and event planning services, please visit us at taylorjohnson.com or contact Emily Johnson directly at 312-267-4522. And, be sure to check out our Facebook, Twitter, Instagram and LinkedIn pages, as well as our TJ TALK and videos.
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