Rents are declining in Chicago — fast. It doesn’t have to do with inflation or a pending recession, rather it’s seasonality. At High Fidelity Property Management, we typically see an annual trend of decline by as much as 15-20% from the high-water mark in June to the bottom in February.
High Fidelity Property Management Hires Louis Paschos as Senior Property Manager
With 1,000 units under management, Paschos is tasked with managing client relationships, business development, and overseeing a team of property managers.
High Fidelity Property Management Sees 17.5% Rent Growth For New Leases
High Fidelity Property Management analyzed its data from 1,000 apartment units spanning 29 Chicago neighborhoods to see what’s happening in the mid-market, Class B, neighborhood apartment market.