120 East Liberty Drive
Wheaton, Illinois 60187
Millennials will dominate the workforce by 2015 and will comprise 75 percent of the workforce by 2030, according to the U.S. Bureau of Labor Statistics. With the increase of millennials in the workforce, one would assume that the housing market will strengthen. Not quite. The dreams of graduating college, landing a good job, getting married,…
With an estimated 300,000 new apartment units being built every year, older apartment complexes can be a turn off to renters, especially if they are outdated. New apartment complexes are being built with all the bells and whistles to attract millennials who tend to have high expectations of living arrangements. So, while these Class A…
Spring is almost here and now is the time for property managers to do some routine maintenance before the spring showers hit and then the stifling summer heat comes. Here are some indoor and outdoor musts to keep your property up-to-date. Inspect HVAC Systems – Inspect and clean the system’s filters and coils to make…
Multifamily properties are thriving! According to Freddie Mac’s mid-year multifamily outlook, the U.S. market has vacancy rates at a 13-year low. So, why the increase of demand for multifamily properties? Joint Center for Housing Studies of Harvard University states that there are several factors to look at that could be contributing to the rise of…
WHEATON, Ill., (September 4, 2014) – First Capital Advisors, LLC (FCA) closed on the sale of Ashley Club and Arbor Club, both located in Pensacola, Fla., with joint-venture partner ApexOne Investment Partners. “We are very excited to enter the Florida multifamily market as it has long been a target market for us,” said Chris Pope,…
2014 was the year for commercial real estate growth. Multifamily sector soared to new records, industrial demand outpaced supply, and retail transaction price were up significantly in various regions of the United States. So, while there may not be a magical crystal ball that can tell us how commercial real estate will fair in 2015,…