Multifamily Midwest
Are high rents chasing younger adults from the city?

Are high rents chasing younger adults from the city?

What’s the biggest weakness of the multifamily market in the United States today? Brokers across the Midwest frequently point to the lack of affordable apartment units in their cities. The new apartment buildings rising throughout the region, they say, boast a slew of amenities and great locations in the heart of urban areas. But they also come with monthly rents that are too high for most of the population.

REjournals Newsletter

Sign up for our weekly newsletter to stay on top of all of the Midwest real estate news

Subscribe
Office i Ohio
Booming? No. But Cleveland's office market remains steady

Booming? No. But Cleveland's office market remains steady

The biggest office sale in Cleveland in the first quarter of the year came relatively late: Oaktree Capital Management’s $51.5 million purchase of PNC’s operations at 4100 W. 150th St. But while that transaction grabbed most of the headlines, it wasn’t the only big office sale of the first quarter here.

5th Annual Cleveland Commercial Real Estate Summit

Windows on the River
2000 Sycamore St
Cleveland, OH

More Information & Registration

Most Recent Articles

Retail N Illinois
New Lenox shopping center sells for $4.6 million

New Lenox shopping center sells for $4.6 million

Marcus & Millichap closed the sale of Bluestone Commons, a 36,025-square-foot retail property located in New Lenox, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After procuring multiple offers, the asset sold to a Canadian real estate firm for $4,600,000.

More News →

People on the Move

More People →

Midwest Real Estate News

For bimonthly news and information about the latest trends in commercial real estate, market coverage and detailed articles, join the thousands who have relied on the region's leader in commercial real estate coverage for more than 21 years.

Subscribe/Renew Advertise Digital Issue

Illinois Real Estate Journal

The Illinois Real Estate Journal is the only community newspaper for the commercial real estate industry. Each bimonthly issue provides comprehensive coverage of the deals that have happened and insight on the trends shaping deals about to happen.

Subscribe/Renew Advertise Digital Issue

Chicago Industrial Properties

For 20 years, industrial real estate principals and professionals doing business in Illinois, Southern Wisconsin and Northern Indiana have turned to this bimonthly business-oriented newspaper for news features including industry profiles, transactions, organizations and ground-breakings.

Subscribe/Renew Advertise Digital Issue