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From left: Phoenix, Tampa and Las Vegas had the largest rises in rent, according to a Yardi report. (iStock)
National

Rents rise in all big US cities, a pandemic first

It’s been a long time coming, but rents were finally on the rise in every major city last month...

Rents rise in all big US cities, a pandemic first
Blackstone CEO Stephen Schwarzman and Morgan Properties CEO Mitchell Morgan (Getty, Morgan Properties, iStock)
National

Multifamily buyers set record with $53B spending spree

Apartments are where the heart is for investors, who set a second quarter record with a three-month spending spree....

Multifamily buyers set record with $53B spending spree
The mixed residential building with Thomas Roszak (Parkline, Roszak)

Parkline cuts condos after zero sales

The Parkline residential building in the Chicago Loop is making a major change to its inventory, scrapping all condos after selling none over the past year. The mixed residential building was launched in February...

Parkline cuts condos after zero sales
CMK Companies CEO Colin Kihnke and an aerial view of property at 1400 S. Wabash Ave. (Google Maps)

CMK plans 299-unit South Loop tower

CMK Companies is planning a 299-unit residential tower in the South Loop, a project that would rise near three major apartment complexes the developer has already built. The filing for the 30-story building at...

CMK plans 299-unit South Loop tower
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