CHICAGO, IL – Interra Realty Managing Director Paul Waterloo was recently featured in a Bisnow article discussing the rise in seller financing in multifamily deals in the Chicago area.

“In 2021, in 2022, when rates were really low, there was no reason to explore seller financing,” said Paul Waterloo, managing director at Chicago-based Interra Realty. “But as rates have climbed over the last, call it 24 months, maybe even a bit longer … it’s become a tool that we’ve kept in our back pocket to help use as a catalyst to keep deals flowing.”

Read the complete article at Bisnow.