2027 Multifamily Outlook: CoStar reports approximately 141,000 U.S. apartments absorbed in Q3 2026, vacancy of 7.9%, and a construction pipeline down approximately 53% from the 2023 peak. Our original analysis explains implications for Chicago area rents, financing, property-level NOI and the sell/hold decision. Read the complete article: https://creconsult.net/2027-multifamily-outlook-chicago-apartment-owners/

Chicago's competing PRO and FAIR rental ordinance proposals have advanced through committees but have not been enacted. Randolph Taylor, MBA, CCIM, MiCP of eXp Commercial explains the current status, the city-versus-suburb distinction, and five practical due-diligence steps for apartment owners. Read the original, complete analysis: https://creconsult.net/chicago-pro-fair-rental-ordinances-multifamily-owners-2026/

U.S. Pending Home Sales Hit a Record Low—Chicago Multifamily Owner Perspective

NAR's September 2026 seasonally adjusted Pending Home Sales Index reached 66.0, down 7.3% from August and 11.3% from a year earlier. This measures signed existing-home purchase contracts, not apartment sale prices. Illinois REALTORS reported 7,326 Chicago metro residential closings in September, down 3.5% annually, while the median residential sale price rose 6.9% to $385,000. Chicago-area apartment owners should separately assess renter retention, local rent evidence, normalized NOI and buyer financing. Read Randolph Taylor's original analysis and source links: https://creconsult.net/pending-home-sales-record-low-chicago-multifamily-2026/

Randolph Taylor, MBA, CCIM, MiCP | Vice President, eXp Commercial | National Multifamily Division

A reassessment notice is not the same thing as a property-tax bill. For apartment owners preparing a sale, the practical issue is how actual taxes, current assessment information, appeal status and supported forward assumptions affect NOI and buyer underwriting.This week's owner guide explains the records to reconcile before pricing or marketing a Cook County multifamily property, including why township deadlines must be verified for the specific PIN and property class.Read the full Cook County multifamily owner guide.Randolph Taylor, MBA, CCIM, MiCPVice President | Multifamily Investment Sales BrokereXp Commercial | National Multifamily Division

Chicago Multifamily Offer Terms: 8 Deal Points That Protect Sellers

The strongest multifamily offer is not necessarily the one with the highest headline price.

Earnest money, diligence, financing, buyer credibility and closing timing can materially change a seller’s actual outcome.

Read the full CREConsult guide

Why the Highest Multifamily Offer Is Not Always the Strongest

The highest multifamily offer is not always the strongest.

Earnest money, due diligence, financing, buyer credibility, appraisal exposure, closing timing and retrade risk can materially change the probability of a clean closing.

For apartment owners, the better decision is often the offer that balances value with execution certainty.