September 23, 2024

Today's Featured News

How The Fed’s Rate Cut Will Impact Multifamily

Multi-Housing News



CRG recently opened two new student housing developments, including Chapter Madison (left) adjacent to the University of Wisconsin-Madison, designed by TJ client Lamar Johnson Collaborative. Interra Realty brokered the $7.77 million sale of Sunset Village (right), an 84-unit multifamily property in Waukegan, Ill., a suburb of Chicago. 


When breaking news happens, Taylor Johnson clients are often top sources for business and trade journalists seeking insight on the impacts to commercial real estate. Last week, as the Fed considered a potential rate cut, Multi-Housing News reached out for commentary on what it could mean for the multifamily sector. We connected the reporter with developer CRG and middle-market multifamily brokerage Interra Realty for real-time commentary. In the resulting feature, Interra’s Paul Waterloo noted that, while deal sizes have been smaller, overall transactions are up 46% in the areas his team covers. And JJ Smith at CRG shared his optimism about how a rate cut could positively impact student housing. Read more insight from Waterloo, Smith and others in the full article. 




Read Full Article

 
News
Residential Real Estate

Statewide Home Sales Fell As Inventory And Prices Rose In August

Chicago Agent Magazine


Why 'Old School' Ads Still Work For Homebuilders

Builder


Mortgage Rates Fell And Homebuyers Are Ready To Pounce

The Washington Post



Industry Fears Become A Reality As Scammers Embrace AI

The Real Deal


These Are The Most Expensive Housing Markets In America, According To Zillow Data

Fast Company

 
Commercial Real Estate

City Announces First Projects To Receive Financing Through New Bond Proceeds Plan

Crain's Chicago Business


*The Rate Cut Won’t Save These Real-Estate Owners

The Wall Street Journal


Renters Prioritize Home-Like Amenities In Apartment Search

GlobeSt.



'Mercury Is No Longer In Retrograde': Brokers Ready For A Post-Rate Cut World

Bisnow


The Long, Slow Road To Performance Recovery

PERE

 
Business/Economy

*Intersect Illinois Names Former DNC Executive Its New President And CEO

Chicago Business Journal


Only 33% Of Millionaires Consider Themselves Wealthy, Report Finds. Why It’s So Hard To Feel Rich

CNBC

 

Just For Kicks

Wallpaper Is Back, Chicago Designers Say

Axios Chicago



How Much Color Can You Fit Into 430 Square Feet?

The New York Times

 

Last Week's Top Stories

Why 2024 Will Be A Vintage Year For Multifamily Investment Deals

(featuring TJ client Interra Realty)

Multi-Housing News



'Mediocre' Chicago Real Estate Agents Could Be Pushed Out

(featuring TJ client Baird & Warner)

Axios Chicago


TJ Industrial Clients Think Outside The Big Box

(featuring TJ clients CRG, Glenstar Logistics, HSA Commercial and NAI Hiffman)

Development

 
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

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

(featuring TJ client Glenstar)

Monday, September 23 - Tuesday, September 24, 2024


Bisnow Chicago Healthcare Summit

Tuesday, September 24, 2024


NBOA Zoom Call On AI & Multifamily

Wednesday, September 25, 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


Facades+ Chicago

Friday, October 4, 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

(featuring TJ client Interra Realty)

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


CBC Annual Economic Update With Dr. Anirban Basu

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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