Chicago Area Commercial Real Estate & Business News - Connexion

A dearth of commercial construction in Chicago has been the norm for the past several years, but as the multifamily market stands to post strong gains for the foreseeable future, big name developers are once again lining up to alter the city?s skyline.?

While the housing market may still be searching for its nadir, the apartment market is demonstrating strong fundamentals as rents are rising and demand is increasing. It has been enough to spark the interest of developers looking to strike while the iron is hot. Of course, as more than half a dozen developers look to finance big projects, the question remains how much money is available and just how many new units the market can support before it becomes over saturated...

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Source: http://www.connexiones.com/commercial-real-estate?blogm=view&blogid=7267

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