15 results for “Matt Friedman”
Multifamily N Illinois

Did Chicago just deep-six deconversions?

| Matt Baker

Chicago’s City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental will need the assent of 85 percent of the condo owners, instead of the 75 percent threshold that previously held true.

Multifamily N Illinois

Not a passing craze: Deconversions still strong in Chicago

| Matt Baker

There were two major condo deconversion deals announced in Chicago at the close of 2018: Kiser Group’s deconversion of the 250-unit Flats on LaSalle and the sale of River City, the largest such deal for the market at 449 units. Since then, however, news of these condo-to-rental deals has been slow. Is this a sign that the trend itself is st…

Retail Midwest

Former JLL executive starts new firm

| Staff Writer

Matt Gilbert has created a new real estate private equity firm called Green Door Capital, LLC. The company will focus on the acquisition of real estate with opportunistic returns based on higher-risk, non-credit tenants and industries, as well as vacant or ground-up developments.