September 16, 2024

Today's Featured News

Why 2024 Will Be A Vintage Year For Multifamily Investment Deals

Multi-Housing News



Interra Realty’s Joe Smazal (left) shared a number of trends with Multi-Housing News, including growing investor demand for real estate available at below replacement costs, such as 1501 N. California Ave. in Chicago (right), which recently traded as part of a $19.3 million portfolio sale.


Strong demand among renters and a dearth of newly built apartment buildings have led to a robust multifamily investment landscape—especially on Chicago’s North Side. These were among the key insights that Joe Smazal of Interra Realty, a client of Taylor Johnson, shared with Multi-Housing News. In an MHN Executive Council piece focused on this year’s surprising multifamily trends, Smazal explained how owners’ increasing willingness to sell and buyers’ appetite for assets below replacement costs should make 2024 one of the best vintages for multifamily acquisitions.




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News
Residential Real Estate

'Mediocre' Chicago Real Estate Agents Could Be Pushed Out

(featuring TJ client Baird & Warner)

Axios Chicago


What Agents Should Know About Expected Fed Rate Cuts

Chicago Agent Magazine


10 Housing Markets Where Buyers Have The Most Power And 10 Where They Have The Least

Fast Company



*These Millionaires Can Afford Their Dream Home. They’re Renting Instead.

The Wall Street Journal

 
Commercial Real Estate

An Industry On The Ropes: CRE Hopes A Rate Cut Will Get It Back On Its Feet

(featuring TJ client Lynd)

Bisnow


How Multifamily Pros Will Act When Rates Go Down

GlobeSt.


Colleges Lean More On Commercial Real Estate Investment

Commercial Observer



Innovative Solutions For Return-To-Office Challenges

Commercial Property Executive


'The Yellowstone Effect': Cities Cash In On Cowboy Culture

The New York Times

 
Business/Economy

The Best Places To Work In Chicago For 2024

(featuring TJ client Glenstar and Clayco, parent company of TJ clients CRG and Lamar Johnson Collaborative)

Crain's Chicago Business


*Fed Ready To Unshackle US Economy With Soft Landing At Stake

Bloomberg

 

Just For Kicks

Decorating The Inside Of Your Fridge With Picture Frames And Flowers? That’s 'Fridgescaping'

CNN



What Your Zodiac Sign Says About Your Interior Design Style

Elle Decor

 

Last Week's Top Stories

Putting Chicagoland’s New-Construction Market In Focus

(featuring TJ clients Lexington Homes, M/I Homes and Related Midwest)

Chicago Agent Magazine



We Asked Recent Buyers About The Compromises They Made To Buy A Home — And They All Said The Same Thing

Apartment Therapy

 

The Rise Of Wet Rooms And Why Homeowners Love Them

Builder

 
Job Openings

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.

 
Events
**Taylor Johnson Staff To Attend

CAA 2024 Trade Show & Education Conference

Tuesday, September 17, 2024


CREW Chicago Prospective Member Coffee And Conversation

Tuesday, September 17, 2024


Bisnow South Of Roosevelt

Wednesday, September 18, 2024


REjournals Chicagoland Development & Construction EXPO

Wednesday, September 18, 2024


CREW Chicago Hispanic Heritage Month Event In Pilsen Collaboration With HCRE

Wednesday, September 18, 2024


**Goldie Gala 2024

(hosted by TJ client The Goldie Initiative)

Thursday, September 19, 2024


REIA Where Are The Opportunities In Real Estate? Breakfast Meeting

Thursday, September 19, 2024


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

Thursday, September 19, 2024


NAA IRO Summit

Thursday, September 19, 2024


Chicago Association Of REALTORS® 141st Inaugural Gala

Friday, September 20, 2024


IMN 13th Annual Distressed Forum For Bank Special Assets (Midwest)

(featuring TJ client Glenstar)

Monday, September 23 - Tuesday, September 24, 2024


GlobeSt. Women, Influence & Power In Law (WIPL)

Monday, September 23 - Wednesday, September 25, 2024


Bisnow Chicago Healthcare Summit

Tuesday, September 24, 2024


2024 CREW Network Convention

Wednesday, September 25 - Friday, September 27, 2024


ULI Chicago - Chicago Commercial Real Estate Mid-Year Report

Thursday, September 26, 2024


Chicago REALTORS® Pitch In For The Parks

Thursday, September 26, 2024


CBC Special Interest Group For Women

Thursday, September 26, 2024


The Harold E. Eisenberg Foundation Career Day

Thursday, September 26 - Friday, September 27, 2024


CBC Future Leaders Committee - St. Jude Walk/Run

Saturday, September 28, 2024


Bisnow Art Of Tenant Attraction And Retention

Tuesday, October 1, 2024


Suburban CREW Member And Friends Meet-Up

Tuesday, October 1, 2024


CRE.Converge

Monday, October 7 - Thursday, October 10, 2024


NMHC Student Housing Conference

Monday, October 7 - Wednesday, October 9, 2024


CREW Chicago Ask Me Anything With Lynn Smith

Wednesday, October 9, 2024


REIA Oktoberfest Party

Wednesday, October 9, 2024


REIA Multifamily Breakfast Meeting

Wednesday, October 16, 2024


Frontline Leasing 1.0 With Lisa Trosien

Thursday, October 17, 2024


**Crain's Chicago Business Real Estate Breakfast

Thursday, October 17, 2024


The Harold E. Eisenberg Foundation Annual Dinner

Thursday, October 17 - Saturday, October 19, 2024


Chicago Build Expo

(featuring TJ clients BKV Group, Baker Barrios Architects, Lamar Johnson Collaborative and Related Midwest)

Tuesday, October 22 - Wednesday, October 23, 2024


CREW Chicago Financing Commercial Real Estate In Today’s Marketplace

Wednesday, October 23, 2024


**Bisnow Chicago State Of The Market

(featuring TJ client Fifield Companies)

Thursday, October 24, 2024


BIAGC Casino Royale BUILD PAC

Thursday, October 24, 2024


CIP Journal Chicagoland Supply Chain, Distribution & Logistics Summit

Tuesday, October 29, 2024


CAA Preview 2025: Annual Apartment Industry Outlook

Wednesday, October 30, 2024


BIAGC Annual Key Awards Gala

Thursday, November 7, 2024


REIA Election Recap In RE Breakfast Meeting

Wednesday, November 13, 2024


Bisnow Chicago Northern Suburbs Real Estate

(featuring TJ client Wingspan Development Group)

Thursday, November 14, 2024


IREM Punch Bowl Social

Thursday, November 14, 2024


AHF Live 2024

Monday, November 18 – Wednesday, November 20, 2024


Bisnow Chicago Industrial Summit

(featuring TJ client HSA Commercial Real Estate)

Tuesday, November 19, 2024


Senior Housing News (RE)BUILD Conference

Wednesday, November 20 - Thursday, November 21, 2024


**Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders)

Thursday, November 21, 2024


ULI Annual Lifetime Achievement Award Honoree: Jeanne Gang

Thursday, December 5, 2024


REFF Holiday Party

Thursday, December 5, 2024


NAHB International Builders' Show

Tuesday, February 25 - Thursday, February 27, 2025

 
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