YoChicago.com recently interviewed Alan Lev, CEO of Belgravia Group.  Alan discusses his company’s recent performance and strategies in this challenging market and his thoughts on the future of the Chicago residential real estate market and its ability to absorb the current inventories. What struck me as insightful and telling are Alan’s insights (at the video 10:40 min. mark) about the demographics and risk appetite of the developers and lenders as the industry comes out of the recession.