Drexel Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $3.25 million sale of a 12-unit apartment building at 4016-18 N. Kenmore Ave. in Chicago’s Buena Park neighborhood. The price per unit was $270,833. Interra Senior Managing Partner Joe Smazal, Managing Partner Patrick Kennelly and Managing Director Paul Waterloo represented the buyer, Drexel Properties, a repeat client of the firm. Smazal, Kennelly and Waterloo...

It would not make housing more affordable or more available, the president of a property management company writes. And it would not improve the quality of housing.