RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for 818 N. Wolcott, a boutique 20-unit rental community in Chicago’s East Village neighborhood.
Completed in 2023, the property is the redevelopment of an existing foundry building, with a new addition expanding its original footprint. “This is quite a unique property, not only from an architectural standpoint and its interesting loft-style floor plans, but also in the very intimate environment it offers with only 20 units,” said Anthony Rossi Jr., president of RMK Management Corp.
Located at Chicago and Wolcott avenues, 818 N. Wolcott is convenient to the city center, multiple CTA bus stops and Interstate 90/94. The property, which is 90% leased, offers the choice between single-level timber lofts with exposed brick, oversized windows and 15-foot ceilings, located within the original two-story foundry building; or contemporary loft units, including both single-level and duplex floor plans, located in the building’s three-story addition.
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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