RE Journals: Strong Demand, Weak Supply: Chicago’s Multifamily Market at a Crossroads

Max Grossman
Apartments
Max Grossman

CHICAGO, IL – RE Journals recently published an article discussing the current status of Chicago’s multifamily market and included some analysis from local real estate experts including Interra Realty’s Max Grossman. Programs like the Cooky County Affordable Housing Special Assessment and the city’s additional dwelling unit program and their impact on the market were discussed. In addition, the impact of new projects coming to the city like Thrive Exchange and the quantum computing campus on the south side were also analyzed.

“There’s probably as much excitement about the quantum computing campus as there’s been in quite some time just knowing the job growth and economic engine that’s going to be on the South Side,” Grossman said. “Honestly, we’re in a very transformative time in terms of new development.”

Read the complete article at RE Journals.