Multifamily N Illinois
An eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, 61 Banks Street is located on the last developable lakefront parcel in Chicago’s premier Gold Coast neighborhood.

Boutique apartment property, 61 Banks Street, opens in Chicago's Gold Coast

Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in Chicago’s premier Gold Coast neighborhood. Among the guests at the grand opening were representatives from project partners including architect Booth Hansen, interior architect Darcy Bonner & Associates, landscape architect Jacobs/Ryan and general contractor Leopardo.

Multifamily N Illinois
Courtesy VHT Studios®

Three tips for using virtual staging to wow prospective tenants

When it comes to renting or leasing vacant apartments or condos, prospective tenants often encounter the same challenges facing those scoping out houses—it’s hard to visualize how they’d live and work in an empty space. Savvy property managers or commercial property owners leasing those apartments are deploying high tech tools to help prospective tenants imagine their lifestyle in their next space.

Multifamily N Illinois
Aaron Sklar;Kiser Group

Kiser Group elevates Aaron Sklar to senior director

Kiser Group has promoted Aaron Sklar, 31, from director to senior director. Sklar began his career in brokerage four years ago and has quickly risen up the ranks at Kiser Group. He has established himself as a multifamily market leader throughout the south side of Chicago including South Shore, Jackson Park and East Woodlawn.

Multifamily i Ohio
The Beacon coming to downtown Cleveland will bring modern amenities when it opens its doors.

Colliers' Cooper: It might not be booming, but Cleveland apartment market strong

Three years ago, apartment renters would flock to any new apartment building rising in Cleveland, filling the units as soon as the multifamily development opened its doors. Today? It might take more time for these buildings to fill. But Gary Cooper, senior vice president and principal with the Cleveland office of Colliers International, said that this doesn’t mean that the city’s apartment market is in decline. It just means it’s stabilizing.

Multifamily N Illinois
325 N. Austin Street, Chicago.

Nonprofit affordable housing developer POAH expands in Chicago and suburbs

Only a month after expanding its footprint through the acquisition of affordable apartment buildings from the YMCA in Chicago and Harvey, Illinois, Preservation of Affordable Housing (POAH) announced it is extending its reach by acquiring four more affordable properties from the Burnham Companies in Chicago’s Austin neighborhood and the city of Elgin, Illinois in Kane County.

Multifamily N Illinois
Dearborn Homes community in Chicago's Bronzeville set to go solar

Dearborn Homes community in Chicago's Bronzeville set to go solar

In a first of its kind public and private sector innovation project for Chicago, the Dearborn Homes public housing development that serves more than 600 families in Chicago’s Bronzeville neighborhood is producing renewable energy via private solar panels primarily on its rooftops. This solar installation completed this month supports ComEd’sBronzeville Community microgrid, a small power grid that can generate its own power to keep electricity flowing to customers and support critical public services when there’s an interruption on the main grid.

Multifamily N Illinois
Wheeling Town Center residences open

Wheeling Town Center residences open

The ONE luxe apartments complex at Wheeling Town Center officially opened in Wheeling, Illinois. CallisonRTKL served as the architect, working in partnership with Wheeling Town Center’s developer, The Lynmark Group. The residences are phase I of a two-part Wheeling Town Center master plan.