Chicago Luxury Apartment Market Update – Luxury Renter Perspective
March 5, 2021 | By LLCR Team

On Wednesday, March 3rd, Luxury Living Chicago Realty hosted a virtual conference. CEO Aaron Galvin, Director of Leasing Strategy Mark Ziemke and Director of Residential Rentals Tristen Heiman shared industry insights with the over 300 attendees that joined live. In addition, the event featured a View From the Trenches panel with Hines’ Will Renner, Related Midwests’ Tricia Van Horn and Fifield’s Jon Schneider, moderated by Aaron Galvin.

 

Chicago Luxury Renter Perspective with Tristen Heimann

 

 

 

Three Key Takeaways From The Chicago Luxury Renter Perspective Interview

 

 

 

In-person Apartment Showings Important To Decision Making

While virtual tours and offerings have become commonplace in leasing luxury apartments, physically viewing units is still important to make a decision.

 

Outdoor Amenities More Important Than Ever

Not only offering outdoor building amenities, but in-unit balconies are more important than ever before to Chicago’s luxury renters. With the majority of these renters working from home, being able to sit on a balcony or hang out on an outdoor patio is increasingly important during pandemic times.

 

Leasing Agents Help Luxury Renters Feel Confident in Their Future Home

The apartment hunting process can be overwhelming for a lot of individuals. In working with a broker or leasing agent, the professional learns the “must-haves” and preferences of the renter and then then guides them to properties that align with their interests. Working with someone that has an established relationship with onsite leasing teams at each building, makes for a very efficient and fun process for everyone.

 

 

Thank you to everyone that participated in and attended the Chicago Luxury Apartment Market Update.

Watch Additional Clips From The Event Here

 

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