CHICAGO, IL – The Real Deal recently featured Interra Realty’s Paul Waterloo in a write-up on the first quarter performance of Chicago’s suburban multifamily investment market.

The number of multifamily transactions in the suburbs jumped 65 percent year-over-year in March, and buyers are having to put in competitive offers to score a property. 

“In many cases, they are able to secure more attractive cap rates than what is available at urban core properties,” Interra’s Paul Waterloo said.

Read the complete article at The Real Deal.

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RE Journals: Interra Realty report: Suburban multifamily sales soar in both number and volume in Chicago market