When Taylor Johnson client Interra Realty brokered a $17 million condo deconversion in Evanston, Ill., we knew Crain’s Chicago Business would be the perfect outlet to break the news as a publication that has kept close tabs on similar transactions taking place throughout Chicago and its surrounding suburbs. The resulting story highlighted how deconversions — in which individually owned condos are purchased in bulk by a single buyer and reverted to apartments — are becoming more attractive in the suburbs, where 75% of owners are required to consent to the sale versus 85% in the city, a higher threshold that was adopted last year. In addition to coordinating the exclusive with Crain’s, we secured coverage in additional outlets including Evanston Now , The Real Deal Chicago , RE Journals , Multi-Housing News and Yield Pro and MultifamilyBiz .

Interra Realty brokered the $17 million deconversion sale of 2730-2766 Hampton Parkway, a 91-unit multifamily building in Evanston, Ill.