As the summer comes upon as, one of the busiest rental seasons is expected. With the expected high demand of rentals, developers are rushing to meet the demand. Occupancies in Class A apartment buildings in the Chicago downtown area are hovering around 95% (Appraisal Research Counselors), and developers are more […]
Occupancy rate
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Crain’s this week reported that Class A apartment buildings have increasing rents and is on pace to continued growth as more residents seek rental options. Demand has grown based on economic uncertainty and employment stability. Originally published at https://realtyevolved.net by Sherwin Sucaldito.