In The News | Interra Brokers $30M Condo Deconversion Sale in Chicago

Joe Smazal
Goss and Morgan
Multi-Family
News

“The deconversion trend will continue as demand for apartment buildings, especially in desirable North Side neighborhoods, keeps outpacing the available supply of buildings for investors,” says Smazal. “The deconversion trend still has legs, but there are headwinds (rising interest rates and slower rent growth) that should create a sense of urgency for associations which are considering a deconversion.”

 

Read Article: REBusiness Online