• Sun. May 19th, 2024

Chicago’s Condominium Rent Growth Surpasses Nationwide Common for the First Time in Over a Decade

Bynewsmagzines

Mar 14, 2023
John Buck Co. needed to underwrite overly conservative assumptions for its award-winning Porte Apartments project in the West Loop. (Gian Lorenzo Ferretti/CoStar)

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For the very first time in above 10 a long time, Chicago passed the national normal for calendar year-more than-yr condominium rental growth as rather delicate construction has stored desire higher, whilst a national pullback in rents triggered by overbuilding has permitted it to leapfrog once-surging marketplaces.

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