October 16, 2026

Today's Featured News

Could Religious Buildings Be A Blessing For Multifamily Investors?

Propmodo



In Chicago's Lakeview neighborhood, Interra Realty is marketing 621 W. Belmont Ave., a former parish house that was converted into 19 modern apartments.


As developers look for creative ways to add housing in supply-constrained neighborhoods, former houses of worship are emerging as an increasingly attractive adaptive reuse opportunity. Recognizing the trend, Taylor Johnson pitched client Interra Realty to Propmodo for a story exploring why former religious properties appeal to investors, from their established neighborhood locations to the unique architectural character that can differentiate them from new construction. Building on that momentum, TJ also secured a byline opportunity with REjournals that expanded on the opportunities and challenges of such adaptive reuse projects, including zoning considerations, historic building tax credits and the potential to create one-of-a-kind living environments.




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News
Residential Real Estate

Real Estate Report: Chicago A Rare Balanced Market

Fox 32 Chicago


How Old Will I Be Before I Own A Home?

The New York Times


Housing, We Have A Problem

Pro Builder


*The Fierce Battle To Control How Americans Buy And Sell Their Homes

The Wall Street Journal


3 AI Takeaways For Builders From Andy Florance

Builder

 
Commercial Real Estate

Gov. JB Pritzker Says Illinois Housing Plan Likely Waits But Bears Stadium And Data Center Bills Alive

Chicago Tribune


Apartment Discounts May Be Bringing New Renters Into The Market

GlobeSt.


Guest Desires, New-Construction Hurdles Push Hotel Developers To Convert Historic Buildings

CoStar


Iran Conflict Pushes Construction Prices To Near 4-Year High

Construction Dive

 
Business/Economy

Middle-Income Americans Are Feeling The Squeeze

Business Insider



Holiday Retail Spending Forecast To Reach $1 Trillion

CoStar

 
In Other News

Lee Bey's Top 7 Open House Chicago Must-See Sights

Chicago Sun-Times



Plaza Hotel To Shut For 4-Year Cleanup Of Its Celebrated Facade

The New York Times


Benjamin Moore Crowns 'Webster Green' Its 2027 Color Of The Year

Builder

 
Client News

Draper And Kramer’s Commercial Finance Group Arranges $99.55M Loan For Retail Center Acquisition In Skokie, Ill.


Baird & Warner’s Greg Phillips Named President Of Mainstreet REALTORS®


Interra Realty Brokers $19.2 Million Sale Of Loft Apartment Building In Chicago’s River North Neighborhood

 
Events
**Taylor Johnson Staff To Attend

**Bisnow Chicago State Of The Market

(featuring TJ clients CRG and NAI Hiffman)

Tuesday, October 20, 2026


CREW Chicago October Prospective Members Coffee And Conversation

Tuesday, October 20, 2026


REIA Oktoberfest Networking Event

Tuesday, October 20, 2026


LAI Chicago 2026 New Member Initiation & Awards Banquet

Tuesday, October 20, 2026


**REFF & The Goldie Initiative Lunch & Learn

(featuring TJ client The Goldie Initiative)

Wednesday, October 21, 2026


CREDA Industrial Capital Markets Update

Wednesday, October 21, 2026


25th Annual Marshall Bennett Institute Of Real Estate Gala – (Robert 'Bob' Wislow Named 2026 Lifetime Achievement Award Honoree And Melanie Jefferies Named Rising Star Honoree)

(hosted by TJ client Marshall Bennett Institute Of Real Estate)

Thursday, October 22, 2026


BIAGC Whiskey & Wings An After Hours Experience At Walk Thru Plans

Thursday, October 22, 2026


Illumination

(hosted by TJ client CRG)

Saturday, October 24, 2026


CoreNet Global North America Summit

Monday, October 26 - Wednesday, October 28, 2026


RPBG 'Nearly Year End' Meeting/Party

Tuesday, October 27,2026


**CREW Chicago Last Call For Fall: A Spectacular Night Under The Big Top

Wednesday, October 28, 2026


**Chicago Build Expo 2026

Wednesday, October 28 - Thursday, October 29, 2026


Bisnow Chicago Industrial Summit

Tuesday, November 3, 2026


JPN Real Estate & Financial Services Event 2026

(featuring TJ client Related Midwest)

Tuesday, November 3, 2026


Harold E. Eisenberg Foundation Annual Dinner

Thursday, November 5, 2026


CAA Preview 2027: Annual Apartment Industry Outlook

Thursday, November 5, 2026


CREW Chicago Book Club: Preparing For Difficult Conversations

Thursday, November 5, 2026


CREDA 39th Annual Awards For Excellence

Thursday, November 5, 2026


Crain's Chicago Business Real Estate Breakfast: The Future Of Property Taxes In Cook County

Thursday, November 12, 2026


Bisnow Chicago's Northern Suburbs Real Estate Boom

Thursday, November 12, 2026


Chicago BUILT Pittsfield Property Tour And Reception

Thursday, November 12, 2026


IREM Leadership Forum

Saturday, November 14 - Tuesday, November 17, 2026


AHF Live

Monday, November 16 - Wednesday, November 18, 2026


CREW Chicago 4Q Leaders Building Leaders

Tuesday, November 17, 2026


Bisnow Chicago Property Management & Operations Summit

(featuring TJ client Hiffman National)

Wednesday, November 18, 2026


REjournals Chicagoland Apartment Summit

(featuring TJ client Interra Realty)

Wednesday, November 18, 2026


**Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders Of Chicago)

Thursday, November 19, 2026


Moonlight

Thursday, November 19, 2026


REIA Breakfast Meeting: Suburban Economic Development

Thursday, November 19, 2026


BOMA Chicago 124th Annual Membership Meeting

Thursday, November 19, 2026


Chicago Association Of REALTORS® 2026 Casino Royale

Thursday, November 19, 2026


NSPB Culinary Crawl

Thursday, November 19, 2026


Bisnow Chicago Hospitality Summit

Wednesday, December 2, 2026


2026 REFF Holiday Party

Thursday, December 3, 2026


Bisnow Chicago Repositioning, Conversions, And Adaptive Reuse

Thursday, December 10, 2026


REjournals Chicago Commercial Real Estate Forecast

Thursday, January 14, 2027


Connect Industrial Midwest 2027

Tuesday, March 2, 2027


REjournals Chicagoland Industrial Summit

Wednesday, March 10, 2027

 
Job Openings

VP Of Asset Management

Evergreen Real Estate Group


EVP Of Pipeline Of Construction

Evergreen Real Estate Group


VP Of Construction

Evergreen Real Estate Group


Project Manager

Baker Barrios Architects


Architect

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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