CRE N Illinois Essex Realty Group adds two new hires to suburban team Essex Realty Group, Inc. announced the hiring of two new team members, Derek Kaptanoglu and Anthony Citriglia. Both will focus on multifamily transactions in the suburban market, supporting the group led by Brian Kochendorfer, managing director for Essex Realty Group.
Multifamily N Illinois Essex Realty Group brokers sale of 62 units in Kenwood Opportunity Zone Essex Realty Group, Inc. announced the sale of 4625 S. Drexel Boulevard. The 62-unit apartment building is located in Chicago’s Kenwood neighborhood and sold for approximately $4,325,000.
Multifamily N Illinois Chicago's multifamily market thriving, evolving With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over 225 people had their questions answered at the 10th Annual Chicagoland Multifamily & Affordable Housing Real Estate Summit, hosted by REjournals.
Multifamily N Illinois Vintage multifamily property sells in Chicago's Uptown for $5.75 million Essex Realty Group, Inc. has brokered the sale of 4400 N. Magnolia Avenue, a vintage, 36-unit, corner walk-up apartment building at the intersection of Magnolia and Montrose in the Sheridan Park submarket of the Uptown neighborhood in Chicago.
Multifamily N Illinois Essex Realty Group brokers the sale of 91-unit Oak Park portfolio Essex Realty Group, Inc. has sold two multifamily buildings with a total of 91 units in Oak Park, Illinois for an undisclosed sales price. Essex Realty Group’s Doug Fisher and Kate Varde represented the seller and Jim Darrow represented the buyer on the transaction.
CRE N Illinois CRE Future Leaders: Abe Eilian As part of our series, CRE Future Leaders, we caught up with Abe Eilian, director at Essex Realty Group. He concentrates primarily on asset valuation, market research and transaction analysis, assisting clients in the acquisition and disposition of investment real estate throughout the greater Chicago metropolitan area. To date, Eilian has …
Multifamily N Illinois Deconstructing deconversion Condo deconversion is a undeniable trend in Chicago. That’s why over 150 people came out to the Montgomery Club on October 18, 2018 to hear expert speakers discuss the ins and outs of this often complex, often lucrative real estate practice at the first annual Deconstructing Deconversion conference.
Multifamily N Illinois What property types are the best targets for deconversion? Commercial buildings rarely retain one use. Office buildings transform into residential, post offices become retail and shuttered factories can go self-storage. In this context, it’s easier to grasp the condo deconversion trend that has overtaken some neighborhoods in Chicago.
Multifamily N Illinois Kiser Group brokers seven buildings for $2.8M on Chicago's South Side Chicago-based mid-market multifamily brokerage Kiser Group recently brokered a four-building portfolio and three other multifamily buildings on Chicago’s south side. With the second quarter closed, senior director Noah Birk and director Aaron Sklar have 30 buildings either sold or under contract throughout south side neighborhoods.
Multifamily N Illinois Essex Realty brokers multifamily building sale in Albany Park Essex Realty Group, Inc. has facilitated the sale of 4954 N. Ridgeway Avenue in Chicago for approximately $3,850,000. The property was originally built as rental apartments, but redeveloped and converted into condominiums in 2007.
Multifamily N Illinois New construction opportunity in Old Town Essex Realty Group has been exclusively engaged to market for sale The Northland at 1550 N. Wieland in Chicago. The 61-unit mixed-use property in the city’s Old Town neighborhood presents a rare opportunity to acquire a large luxury new construction apartment building in the heart of Old Town.
Multifamily N Illinois Spring weather brings swirling winds to apartment market In a recent letter to Berkshire Hathaway shareholders, Charlie Munger penned that the company’s future leaders would likely be unable to generate the type of returns he and Warren Buffet delivered. He argued that it wasn’t because their future managers wouldn’t be as talented, but rather because, “It doesn’t matter how good of a fisherman …
Multifamily N Illinois Essex Realty brokers several mid-market deals Essex Realty Group has brokered the sale of several unique mid-market properties. The seven transactions, which included condo deconversions, multifamily and mixed-use properties, accounted for approximately $28 million.
Multifamily N Illinois Chicagoland Apartment/Multifamily Summit 2018 For the ninth straight year, REjournals has hosted its Chicagoland Apartment/Multifamily Summit. This year, over 300 industry professionals came out to the Montgomery Club to network and hear CRE professionals discuss trends in the multifamily sector.
CRE N Illinois CRE Future Leaders: Jordan Multack As part of our series, CRE Future Leaders, we caught up with Jordan Multack, director at Essex Realty Group, Inc. in Chicago.
Multifamily N Illinois How much of a boon to multifamily are corporate relocations? Chicago has welcomed a number of high-profile corporate relocations in recent years and made Amazon’s short list for a second headquarters. If the city were to land HQ2—or another huge office expansion/relocation, now that Apple has started its own site selection sweepstakes—how would the region’s multifamily sector respond?
CRE N Illinois Essex Realty Group promotes Jordan Multack to director Jordan Multack has been promoted to a director from associate at Essex Realty Group, Inc., Chicago’s leading investment real estate brokerage company.
Multifamily N Illinois Essex Realty sells six-unit apartment building in Chicago Essex Realty Group, Inc. recently closed the sale of 1942 N. 19th Ave. in Melrose Park, Illinois.
Retail N Illinois Chicago’s Essex Realty Group elects new principal Chicago’s Essex Realty Group, Inc. has elected Kate Varde as a principal and managing director of the firm.
Multifamily N Illinois Essex Realty sells pair of apartment buildings in Chicago market Essex Realty Group, Inc. recently closed the sale of 1942-1948 17th Ave. in Melrose Park, Illinois.