175 results for “millennial”
Multifamily Midwest

The sector with the strongest outlook? It's not industrial

| Dan Rafter

Which commercial sector is the strongest? Across the Midwest and the United States, it’s long been a battle between industrial and multifamily. A new report, though, suggests that rising demand and slowing construction will provide an additional boost to the multifamily sector starting in 2020. And that small boost could mean a future that’…

Office N Illinois

PerkSpot doubles space in River North

Following a $50 million infusion of capital last August and a significant recruiting push, PerkSpot has signed a 14,020-square-foot expansion at 320 West Ohio Street in Chicago, bringing the firm’s total square footage at the building to more than 27,000 square feet. Cresa Chicago managing principal Allen Rogoway represented the company in …

Legal N Illinois

Five must-dos when designing a law firm workplace

| Clay Edwards and Marty Festenstein

Law firms are placing ever-increasing importance on thoughtful workplace design to attract and retain top talent, making every office build-out or renovation a critical opportunity to win the talent war. With millennials expected to comprise 75 percent of the workforce by 2030, law firm design trends are being driven by an evolving culture …

Multifamily Midwest

Are high rents chasing younger adults from the city?

| Dan Rafter

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 …

Finance Midwest

Berkadia's Ernie Katai: Multifamily still drawing financing requests

| Dan Rafter

How strong is the multifamily market today? Just ask Ernie Katai, head of production and executive vice president with the Detroit and Chicago offices of Berkadia. He’s seeing a steady stream of financing requests for multifamily purchases and developments. The best news? Katai doesn’t see a slowdown coming in this sector anytime soon.

Multifamily N Illinois

KTGY’s Co-Dwell offers efficient living for all

| Matt Baker

The co-living trend that has arisen in recent years is tightly bound to the behavior of millennials—whether real or perceived. But no entire generation of people born in the same era live demographically identical lifestyles, and the narrow focus of co-living up to now may be ignoring other opportunities.

CRE c Nebraska

The CRE boom far from fizzling in Omaha

| Dan Rafter

Sometimes steady is best. Just ask the brokers doing business in Omaha. The commercial real estate market has been strong here for nearly a decade now. And it’s shown this strength without needing the soaring highs or dizzying lows exhibited by some of the bigger, more volatile markets across the Midwest.