Reaching New Heights in Multi-Family Real Estate with Joe Smazal

About this episode

Joe Smazal discusses his extensive experience in Chicago's multi-family real estate market and the implications of recent housing legislation.

In this episode of the Real Estate for Breakfast podcast, Ice Miller Real Estate Practice Group partner and host Phil Coover, sits down for a conversation with Joe Smazal, Senior Managing Partner at Interra Realty. Joe brings more than a decade of experience specializing in the sale of mid-market apartment buildings in Chicago. With nearly $1 billion in total property transactions under his belt, Joe discusses his journey in real estate, the nuances of Chicago’s vibrant housing market, and the lessons he’s learned along the way. The conversation kicks off with Joe reflecting on his career highlights, including his anticipation of hitting the billion-dollar mark in properties sold. He shares insights into the dynamic Chicago real estate scene, focusing on neighborhoods like Lincoln Park, Lakeview, and Ravenswood, which continue to thrive thanks to great fundamentals and places to live. Joe talks about the importance of keeping up in a challenging market, offering insight into deal and pipeline management and maintaining resilience through uncertain times. Phil and Joe discuss Chicago’s recent Northwest Side Housing Preservation Ordinance, unpacking its potential impact on property…

People in this episode

Host: Phil Coover

Guest: Joe Smazal

Topics covered

• multi-family real estate
• Chicago housing market
• real estate transactions
• property values
• legislative impact
• market resilience

Keywords

• real estate
• Chicago
• multi-family
• property transactions
• housing market
• legislation
• investment

Mentioned in this episode

Organizations: Interra Realty

Places: Chicago, Lincoln Park, Lakeview, Ravenswood

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