Market Update March 1, 2021

Peter Cotsirilos The downtown Chicago market “has been significantly impacted by demand shifts resulting from the coronavirus pandemic,” . “The combination of falling demand and rising supply has pushed vacancy to a record-high 17.7%. That’s led to a near 11% plunge...

Market Update February 8, 2021

Snezhina (Anna) Dobreva Multifamily – eviction moratorium extended till March 31st, rental relief for tenants expected. Bekah Carlson Over the past 2 weeks, I’ve had the opportunity to listen to 3 different economists, including KC Conway, CCIM’s...

Market Update January 18, 2021

Snezhina (Anna) Dobreva Illinois Eviction Moratorium Extended to February 2021 for Renters. Landlords must provide a Declaration form to the resident or tenant at least five days prior to the notice of termination of tenancy. If the tenant can establish that...