Vanguard Real Estate Services

03/22/2022

Hot topic for the 2022 CRE Market! "For every 100 basis point increase in the Fed funds rate in a year, there is roughly a 12 basis point decline in cap rates on average."

The first of several expected increases in interest rates announced Wednesday by the Federal Reserve is an important step in controlling inflation, which has persisted well above the central bank’s target of 2%, leading the consumer price index to hit its highest reading in 40 years.

04/06/2021

Office Vacancy rates hovering around 25% in Chicago's Fulton Market neighborhood are likely to last...

https://product.costar.com/home/news/1718918459?market=6

01/15/2021

CLOSED for $1,160,000! Represented the Buyer and negotiated this purchase of a 5-unit value add opportunity in Bucktown.

SALE IMAGE: Ryan Cybulski DATE: 01/05/2021 ADDRESS: 1839 N. Hermitage Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Ryan Cybulski - Vanguard...

01/14/2021

Chicago ended 2020 with the worst apartment absorption rate in the country! Many apartments sit vacant as renters stay put and families leave the city for the suburbs. Now more than ever it's important to focus on advertising rentals through multiple media sources and keeping them in rent-ready condition!
https://product.costar.com/home/news/shared/511688359?utm_source=newsletter&utm_medium=email&utm_campaign=specialreport

04/23/2020

It's very sad to see this Chicago brunch staple permanently close! Heartfelt wishes go out to the owner and staff during these tough times.

Jeanne Roeser opened Toast in 1996. "I loved my job and my restaurant ... however nothing lasts forever in this world," she said.