We have 40 to 50 percent turnover a year, ... Half of them are purchasing homes, and the next big bulk of them are relocating out of the area.

We would like to take over that market down there, ... We have four downtown buildings that we manage or own and they are all in the mid to high 90 [percentile of occupancy], again without concessions.

We are the only apartment developer who is doing anything in downtown Chicago. We are taking office buildings and converting to apartments, when everybody else is converting them to condos. We plan to be more and more and more downtown. Let everybody else sell their buildings for condos and we will be very happy.

Now in 2005 we feel we are back close to 2001 levels.