CHICAGO, IL – Interra Realty Senior Managing Partner Joe Smazal was recently featured in an article from the Real Deal discussing how local policies can impact the multifamily market.

Alongside other multifamily real estate experts, Joe explains how some of these policies can have unintended negative consequences.

“These are not timelines we’re used to dealing with,” said Interra Realty broker Joe Smazal, who sells North Side multifamily properties. “Sometimes a seller needs to move quickly, whether it’s a loan coming due, a death in the family, settling a divorce. It’s not going to have positive results and there are unintended negative consequences that outweigh anything positive we might see from it.”

Read the complete article at the Real Deal.