What are your thoughts on the current Chicago market?
Also what is the future for real estate?

recommendations for any courses for dcf modeling
[{"id": "hxn3bsu", "text": "Chicago valuation professional here. Industrial/data center are hotter than white hot. Like basically 0% vacancy of investment grade space. Will be for the foreseeable future. Chicago is the perfect combo of flat, central, good clean water, reliable electric, six class 1 railroads, biggest airport in the world etc etc. \n\nOffice there\u2019s a flight to quality. A+/trophy buildings are taking all the tenants from the A/A- buildings (which themselves were trophies 5-10 years ago), and there are some major nine-figure foreclosures too on the B/C buildings. \n\nMF from luxury all down to workforce and Sec.8/42 are still good investments. Luxury MF gave some massive concessions in 2020 but now prices are pre pandemic. \n\nRetail is hit or miss. Michigan Avenue vacancy is up to 20% these days. Neiman Marcus building is currently for sale so that will be a good bellwether. Grocery anchored shopping centers are also on fire. \n\nLife science/lab is just starting to take off here and I bet we will be #2 behind Boston by end of decade (especially with Lincoln yards finished). \n\nHotel is still shit. Will be shit for another year or two. \n\nHealthcare/skilled care is pretty strong but the state Medicaid budgets are good again. Who knows how long that will last. \n\n\nAny sectors I missed or if you have any need for detail feel free to drop me a line.", "replies": [{"id": "hxosg9c", "text": "Jesus this is incredible market analysis, better than the institutional reports because there\u2019s no perceived bias; just pure facts. \n\nThis is very valuable. Extremely valuable. Wish I had someone like you in my market (SoCal)", "replies": [], "depth": 2}, {"id": "hxq9fnt", "text": "Great comment", "replies": [], "depth": 2}, {"id": "hxqqpdk", "text": "Great stuff.  If you had to place a bet on a non multifamily in the $1-2m range what would you target?", "replies": [{"id": "hxqteno", "text": "Depending on risk aversion you won\u2019t be able to get much. I\u2019d say either a small STNL or a small last-mile facility assuming you want low cap.", "replies": [{"id": "hxrtbdm", "text": "Prefer something with some hair to add value, but not totally speculative like fully vacant older flex", "replies": [{"id": "hxrw999", "text": "http://www.loopnet.com/Listing/24832162\n\nhttp://www.loopnet.com/Listing/25058438\n\nTwo different asset examples. There\u2019s about 20-30 options with your price point and criteria", "replies": [{"id": "hxrwk0k", "text": "Thank you!", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hxp2ho9", "text": "Chicago is a great market.\n\nThe future of real estate:  Changing (like always).", "replies": [], "depth": 1}]