Golub & Company

New York-based firm Dodge Data & Analytics predicts Chicago’s new construction will fall by 10 percent in 2020 (Credit: iStock)

Chicago’s real estate industry could soon face some scary numbers

Dodge Data forecast calls for drops in multifamily (-24%), health care (-39%) and warehouse (-14%) but an increase in office (+23%)

Golub & Company’s Michael Newman, Prairie Shores at 2851 South King Drive, and Farpoint Development’s Scott Goodman

Farpoint, Golub close on massive Bronzeville resi complex

The Chicago developers initially agreed to pay $180M for Prairie Shores

From left: Golub & Company’s Michael Newman, Prairie Shores at 2851 South King Drive, and Farpoint Development’s Scott Goodman (Credit: Golub & Company, Prairie Shores, and Farpoint Development)

Farpoint, Golub buying huge South Side apartment complex

At more than 1.6K units, it would be the largest apartment property sold in a decade