Middle-market multifamily continues to be a resilient real estate sector in 2020, despite COVID-19. Knowing Bisnow Chicago might want to take a deep dive on the topic, we pitched how Taylor Johnson client Interra Realty is a leader in the space with a clear view on why investors are flocking to buy apartment buildings in neighborhoods ranging from South Shore to Rogers Park. As Jon Morgan, co-founder and managing principal of the firm, explained in the resulting article, the cap rates in Chicago neighborhoods are beating those for properties in coastal markets – and with rent collections still strong, investors are still getting cash flow. The result: Interra, which celebrated its 10^th anniversary this month, is 20% ahead of 2019 transactions and posting some of the market’s highest prices per unit, per CoStar. Read the full Bisnow story here.

Interra Realty recently spoke with Bisnow Chicago about the strong middle-market multifamily sector.