Peak Properties announced its newest management assignment at 1553 N. Wells Street, a boutique luxury community in the heart of Old Town. The property features 23 upscale apartments and one ground-floor commercial space, currently home to Philz Coffee.
The building is within one block of Second City, Foxtrot, Kamehachi, Corcoran’s, and Zanie’s. It’s situated near the neighborhood’s’ ALDI and Jewel-Osco, as well as a short walk to Lincoln Park and the Chicago History Museum. The property features red-brick exteriors, large windows, stainless steel appliances, quartz countertops, in-unit laundry and private balconies.
“Peak is always looking to add new construction properties like 1553 N. Wells to our portfolio,” said Cory Eisenstein, VP of Property Management at Peak Properties. “This is truly one of the best locations in Old Town, and residents will be able to enjoy the vibrant community, local businesses, and everything this historic neighborhood has to offer.”
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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