Developer lands $66 million loan for suburban townhome rental project

One of the biggest real estate trends—building single-family houses and townhomes for rent—is coming to Oswego, where a Texas developer is getting started on a 178-unit project. Alby GallunCrain’s Chicago BusinessJune 20, 2022 A Texas developer has scored a $66 million construction loan for a rental townhome project in Oswego, a housing type that’s popping […]

Quarterly sales remain strong

Tracy Cross & Associates, Inc.1st Quarter 2022 Production home builders continued their strong sales performance during the first three months of 2022, writing contracts for a total of 1,620 housing units across the Chicago metropolitan region. First Quarter 2022 marks the second highest quarterly contract pace since 2008, and only marginally lower than the 1,904 […]