May 28, 2024

Today's Featured News

A Primer On The Suburbs’ Newest Housing Option: Build-To-Rent

Daily Herald



In his BTR 101 byline for the Daily Herald, Lynd President of Development Anthony Tiritilli touted the services and amenities available at Home at Ashcroft, including this $2 million clubhouse debuting later this year.


It’s easy for those of us steeped in the world of real estate to forget not everyone is familiar with terms like buydowns, acceleration covenants and proptech. So we weren’t surprised when Taylor Johnson client Lynd told us they were hearing of suburban Chicagons' lack of familiarity with build-to-rent (BTR) homes, which grew by 75% between 2022 and 2023 nationally, according to RentCafe, but to date are mostly in the Sun Belt. Sensing an opportunity to educate would-be local renters, we successfully pitched a byline by Lynd President of Development Anthony Tiritilli to The Daily Herald. The resulting piece was both informational – explaining the amenities and resident services available in BTR communities – and promotional, shining a spotlight on Lynd’s Home at Ashcroft, a 178-unit master-planned BTR community in Oswego, Ill., featuring attached three-bedroom homes with two-car garages, extended driveways and private yards. 




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News
Residential Real Estate

'Full-On In A Crisis.' In Chicago And Colorado Springs, Even Luxury Homes Are Scarce.

(featuring TJ client Baird & Warner)

Mansion Global



Interested In The 'Home Alone' House For Sale In Winnetka? Here's What The Listing Says Is The 'Ultimate Wow Factor'

NBC 5 Chicago


How Much Home Can A Family Earning $87,000 A Year Get In Chicago?

Crain's Chicago Business


*Mortgages Stuck Around 7% Force Rapid Rethink Of American Dream

Bloomberg



Home Insurance Was Once A 'Must.' Now More Homeowners Are Going Without.

The Washington Post

Commercial Real Estate

*Uptown Vacant Lot Could Become 31 Apartments

Block Club Chicago


West Loop Assessments Show Kaegi's Rosier View Of Downtown Offices

Crain's Chicago Business



Multifamily Absorption Skyrockets In Q1

GlobeSt.


*Bankruptcies Have Left More Stores Vacant, But The Space Doesn’t Sit Empty For Long

The Wall Street Journal

Business/Economy

The Fed Probably Won’t Be Delivering Any Interest Rate Cuts This Summer

CNBC


US Economic Output Hits 2-Year High

Yahoo! Finance

In Other News

Local Biking Surges

Axios Chicago



*Where Are The Cicadas In Chicago?

Block Club Chicago

Last Week's Top Stories

White Is Out: Designers Get Bold With Kitchen Colors

Builder



This House Just Sold For The First Time In More Than 100 Years

Crain's Chicago Business


Winnetka Mansion On Lake Michigan Listed For $11.75M

(featuring TJ client Morgante Wilson Architects)

Chicago Tribune

Job Openings

Marketing Coordinator

Habitat


Multifamily Sales B2B Account Executive

The Container Store


Project Manager

Baker Barrios Architects


Architect

Baker Barrios Architects


Interior Design

Baker Barrios Architects


Construction Assistant Project Manager

Evergreen Construction Company


To post an open position, please contact Gina Graf at ggraf@taylorjohnson.com.

Events
**Taylor Johnson Staff To Attend

Bisnow Chicago Retail, Entertainment, Sports And Tourism

(featuring TJ client McHugh Construction)

Wednesday, May 29, 2024


REjournals Chicagoland Asset, Property, Facility Management Summit

(featuring TJ client Hiffman National)

Wednesday, May 29, 2024


**The Real Deal: How Design Philosophy Influences Development Strategies

(featuring TJ client Lamar Johnson Collaborative)

Thursday, May 30, 2024


Connect Midwest: Multifamily, Affordable, Student & Senior Housing

(featuring TJ client Wingspan Development Group)

Tuesday, June 4, 2024


CREW Chicago Prospective Member Cocktails And Conversation

Wednesday, June 5, 2024


Connect Money: Real Assets Capital Raising

Wednesday, June 5, 2024


I.CON East

Wednesday, June 5 - Thursday, June 6, 2024


BOMA/Chicago Summer Civic Social

Thursday, June 6, 2024


CBC Building For The Future: How To Work Effectively In A Multigenerational Workforce

Thursday, June 6, 2024


REIA Golf Outing & Networking

Monday, June 10, 2024


CBC Golf Classic

Monday, June 10, 2024


Crain's Chicago Business Fast 50

Wednesday, June 12, 2024


CREW Chicago LGBTQ+CREW Chicago Pride Celebration

Wednesday, June 12, 2024


**Bisnow Multifamily Annual Conference Midwest

(featuring TJ clients Habitat, Wingspan Development Group and CRG)

Thursday, June 13, 2024


Chicago Association Of REALTORS® 360° Summit: Leading With Diversity, Equity And Inclusion

Thursday, June 13, 2024


IREM Mid-Year Market Review Breakfast

Tuesday, June 18, 2024


ULI Chicago | Adaptive Re-Use: Office Conversions To Alternate Uses

Thursday, June 20, 2024


Near South Planning Board Annual Meeting

Thursday, June 20, 2024


Bisnow Future Of Fulton Market

(featuring TJ client CRG and GI Stone)

Tuesday, June 25, 2024


BOMA CRE 101: Commercial Leasing

Wednesday, June 26, 2024


CREW Chicago Insurance And Climate Change

Wednesday, June 26, 2024


IREM / CCIM Boat Cruise

Thursday, June 27, 2024


Bisnow Chicago CRE Summer Happy Hour

Thursday, July 11, 2024


ULI Chicago Vision Awards

Thursday, July 11, 2024


BOMA International 2024 Conference & Expo

Saturday, July 13 - Tuesday, July 16, 2024


CAA Golf Outing

Thursday, July 18, 2024


Bisnow Chicago Architecture & Design 2024

(featuring TJ client BKV Group)

Thursday, July 25, 2024 


37th Annual IREM Golf Outing

Monday, August 5, 2024


REjournals Chicagoland Apartment Summit

Tuesday, August 6, 2024


CBC Future Leaders Committee Architectural Boat Cruise

Wednesday, August 7, 2024


BIAGC Backlot BBQ Bash Chillin And Grillin @themart

Wednesday, August 7, 2024


BOMA/Chicago Golf Classic

Thursday, August 8, 2024


REIA Summer Cocktail Party

Thursday, August 15, 2024


CREW Chicago Golf Outing

Tuesday, August 20, 2024


BIAGC River North Design District Gallery Walk

Friday, September 6, 2024


Real Estate To The Rescue

Tuesday, September 10, 2024


CAA 2024 Trade Show & Education Conference

Tuesday, September 17, 2024


Goldie Gala 2024

(hosted by TJ client The Goldie Initiative)

Thursday, September 19, 2024


IMN 13th Annual Distressed Forum For Bank Special Assets (Midwest)

Monday, September 23 - Tuesday, September 24, 2024


GlobeSt. Women, Influence & Power In Law (WIPL)

Monday, September 23 - Wednesday, September 25, 2024


REIA Multifamily Breakfast Meeting

Wednesday, October 16, 2024


Chicago Build Expo

Tuesday, October 22 - Wednesday, October 23, 2024


CREW Chicago Financing Commercial Real Estate In Today’s Marketplace

Wednesday, October 23, 2024


CAA Preview 2025: Annual Apartment Industry Outlook

Wednesday, October 30, 2024


IREM Punch Bowl Social

Thursday, November 14, 2024


AHF Live 2024

Monday, November 18 - Wednesday 20, 2024


Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders)

Thursday, November 21, 2024


ULI Annual Lifetime Achievement Award Honoree: Jeanne Gang

Thursday, December 5, 2024

What is TJ TALK?
TJ TALK is a daily digest of the top real estate, marketing and media news and events compiled by the team at Taylor Johnson.

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