CHICAGO, IL – Interra Realty’s Max Grossman was recently featured in a BisNow article discussing the current state of the market for some of Chicago’s older apartment buildings. Max provided his insight alongside other Chicago multifamily real estate experts.

“There’s definitely been solid rent growth to offset those rising costs,” Grossman said, but noted that it requires operators to consistently look for market-rate tenants and aggressively increase rents. “It’s definitely becoming difficult to keep profit margins where they used to be.”

Read the complete article at BisNow.