CHICAGO—While commercial real estate professionals in Chicago still believe the local real estate market is strong, uncertainty mainly over state and local tax issues are causing some to take a more bearish view of the Windy City's fortunes going forward.
In the Second Annual Chicago Mid-Year CRE Sentiment Report produced by The Real Estate Center at DePaul University, approximately 52% of participants—down sharply from 69.8% a year ago—characterize the Chicago real estate market for the first half of 2019 as consistently strong.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
