October Edition: Who is ready for some good news?
• Our firm continues to see an increase in medical real estate activity, especially as hospital organizations trend toward a hub and spoke model. Check out our latest blog to see why this transition is happening and the added convenience for patients.
• Reports indicate the occupancy and rent levels for downtown Chicago multi-family have not only returned to pre-pandemic, but exceeded them. International investors are taking note of the increased demand for Chicago, and have started seeking out purchase opportunities. Cap rates for Chicago are approximately 80 basis points higher than comparable properties on the east and west coasts. Read more here.