Harold Willig
- Jul 23, 2021
Three REITs to Consider in September
Real estate investment trusts (REITs) have taken a beating this year. The average REIT has produced a negative 22.7% total return. So why is it a good time to invest in one? Despite disappointing numbers, investors can take advantage of some high-quality REITs like Camden Property, AvalonBay Communities and Equity Residential. Yes, they’re all down from 13% to 29% this year, but they all have good balance sheets and excellent credit ratings. That high rating means that they h
Harold Willig
- Jul 23, 2021
Downtown Chicago Is Losing Lots of Apartment Renters
American cities, beset by Covid-19, are losing people as worried renters flee to the relatively safer suburbs. And Chicago is no exception. According to the Chicago office of Integra Realty Resources, an appraisal and consulting firm, downtown apartment occupancy rate fell to 89.2 percent in the second quarter, its lowest level since 2002. Some tenants are fed up with the crime rate while others find themselves working from home and no longer want to pay big rents if they’re
