If Essex Principal Kate Varde could share one lesson with a broker starting their career tomorrow it would be to ask a lot of questions and listen to the answers. "It is not enough to just ask good questions you must truly listen to the answer. You must try to hear not just what the speaker is saying, but what also he or she is trying to say and sometimes even what he or she is not saying. In brokerage, so much of what we do is to triangulate positions and solve problems. In order to be effective at those things we must really understand the situation and the easiest path to understanding is often asking questions and then listening closely."
To read more, check out this month's "Five Questions" with Kate Varde https://bit.ly/3i4ofJi
#realestate #chicago #multifamily #cre #leadership #multifamilyrealestate #commercialrealestate #investinrealestate #realestateinvestments
We are honored to be featured in RE Journals' annual Best of the Best issue! https://rejournals.com/honoring-the-top-of-our-profession-midwest-real-estate-news-best-of-the-best-2020-edition-is-now-online/
#CRE #Chicago #bestofthebest #multifamily #multifamilyrealestate #teamwork #chicagorealestate #realestate
REJOURNALS.COM
Honoring the top of our profession: Midwest Real Estate News' Best of the Best 2020 edition is now online - REJournals
We're very happy to welcome Daniel Shepherd and Yury Ivanou to the Essex Team! Dan will serve as a director working for the team led by president Doug Imber and principal Kate Varde. Yury Ivanou will serve as a director working on the suburban team led by managing director Brian Kochendorfer and director Brian Karmowski.
Thanks RE Journals for sharing this good news!
https://bit.ly/3iRi7Wd
#newhire #cre #chicago #realestate #multifamilyinvesting #team #welcome
ESSEXREALTYGROUP.COM
Essex Realty Group adds two new directors - Essex Realty Group
"When the first quarter of 2020 was coming to a close, the suburban multifamily investment market was the strongest it's ever been as the demand for rental housing was continuing to rise. While the rental demand has not changed, the supply and financing options have; there continues to be strong investor interest but fewer opportunities for them to acquire new assets." - Brian Kochendorfer
Read more about the current state of the suburban multifamily investment market: https://bit.ly/3c9oXUx
#CRE #realestate #investment #multifamily #broker #commercialrealestate #investmentproperty #multifamilyinvesting #realestatemarket
“We are fairly optimistic going into the fourth quarter and into next year,” Brian Karmowski said, “not just for deconversions, but multifamily overall.” - https://bit.ly/35IeKx2
Thank you RE Journals for hosting an excellent Condo Deconversion Summit!
#realestate #cre #multifamily #chicago #multifamilyinvesting
“Now more than ever we are seeing an increased demand for spacious rental options that give residents a higher quality living experience and a comfortable space to raise a family. These townhomes are the perfect solution to provide that exact experience for residents without all of the other responsibilities that come with traditional homeownership,” said Essex Director Matt Feo
Read more about the sale here: https://bit.ly/33SHoKo
#justclosed #sold #southshore #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #commercialrealestate #realestateagent
ESSEXREALTYGROUP.COM
Essex Realty Group brokers $6.25M sale of Orland Park townhome complex - Essex Realty Group
1324 West Barry Avenue is priced to sell! With a list price of $1,075,000 this four-unit apartment building presents an opportunity for an owner to acquire an apartment building in Chicago's Southport Corridor for just 9.35x current income! More details here: https://lnkd.in/dg-7smu
#newlisting #justlisted #cre #chicago #Lakeview #multifamilyinvestments #multifamilyrealestate #realestate #brokers #brokerage #multifamily #property #realtor #forsale #realestateagent #properties #investment #opportunity #commercialrealestate
In this month's “An Essex Broker’s Guide To,” where Essex Realty Group, Inc. brokers share their deep knowledge and expertise about the neighborhoods and suburbs in which they live and work every day, Director Abe Eilian shares some insights as to why renters and investors love Ukrainian Village! Read more here: https://bit.ly/2GO52im
#multifamily #brokerage #investmentrealestate #multifamilyinvestments #cre #investinrealestate #realestateinvestments #Chicago #neighborhoods #broker #UkrainianVillage #commercialrealestate #realestate #realestateagent
“The South Shore neighborhood continues to prove to be a strong market for rentals and investments," said Brian Mond
Read more about our recent sales in South Shore: https://lnkd.in/epGsF55
#justclosed #sold #southshore #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago
In a recent Bisnow article, Essex Principal Steven Livaditis looks back on the last six months, "The big fear, nightmare really, of a big collapse didn’t happen. Instead of a collapse in values, followed by a fire sale of assets, the market was solid, with prices, investment activity, and cap rates all relatively stable. When the pandemic first hit, lenders did pause, but as healthy rent collections continued month after month, they again started approving acquisition loans. Today it’s a complete 180 from where we were six months ago,” Livaditis said.
Read more at: https://bit.ly/33osYBO
“This is an incredible deal story. After just one day on the market the buyer submitted an offer at full asking price,” said Brian Kochendorfer. “Due to the excellent quality of the asset, we had already scheduled multiple property tours that we ended up cancelling. Though today’s COVID market is anything but normal, I think the excitement and activity surrounding this property illustrate that there is still investor demand for quality properties.” Read more: https://bit.ly/3n7C4dG
#justclosed #sold #chicagosuburbs #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago
Great work by the Essex Realty Group team on the sale of 5324-5326 N. Kimball Avenue, a beautiful brick multifamily property. “We brought this property to market in the beginning of June and generated more than 30 property tours to local investors. Despite everything going on in the market, investors are still seeking well-located assets and great investment opportunities,” said Essex principal Steven Livaditis. Read More: https://bit.ly/34v0pmu
#justclosed #sold #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #chicagolandrealestate #investmentproperty #property #commercialrealestate #propertyinvestment #team #investment
ESSEXREALTYGROUP.COM
Essex Realty Group brokers two Chicago apartment building sales - Essex Realty Group
Congrats to all involved in the sale of 7900 S. Merrill Avenue! This is the third South Shore apartment building Essex brokers have sold during the month of October. Essex Director Brian Mond explains, "Chicago’s South Shore neighborhood is one of the 10 communities selected as part of the new INVEST South/West campaign to invest funds into specific retail corridors throughout a few south and west side communities. 7900 S. Merrill Avenue sits directly along the 79th Street corridor in South Shore and will likely benefit from this improvement initiative.” Read More: https://bit.ly/34v0pmu
#justclosed #sold #southshore #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #chicagolandrealestate #commercialrealestate #economicdevelopment #property #building #investmentproperty
In this month's Five Questions, Essex Director Jaimie Steinher explains why she joined the Chicago real estate industry and how she sees the role of a broker shifting during these turbulent times. Check it out: https://bit.ly/2IZL8lu
#realestate #chicago #multifamily #cre #leadership #multifamilyrealestate #commercialrealestate #investinrealestate #realestateinvestments
ESSEXREALTYGROUP.COM
Five Questions with Essex Director Jaimie Steinher - Essex Realty Group
“This is truly a once-in-a-generation opportunity as these assets do not transact often,” said Essex Principal and listing broker Steven Livaditis. Read more about this new listing, 3415 N. Elaine Place: https://bit.ly/37GOkfY
#newlisting #availablenow #justlisted #Chicago #CRE #chicagorealestate #realestatebroker #broker #multifamilyinvestments #multifamilyinvesting #multifamilyrealestate #investmentrealestate #workfromhome #chicagoapartments #lakeview #realestate #forsale #property #realestateagent #commercialrealestate
ESSEXREALTYGROUP.COM
Lakeview Rentals Listed for First Time in 30 Years - Essex Realty Group
Great work by the Essex Realty Group team on the sale 4401-4407 N. Mozart Street! The Essex team marketing this property for sale this summer swapped in-person tours for matterport virtual tours to respect the wishes of the tenants at this 100% occupied property and still received multiple offers to purchase the property. Read more about the sale:
https://bit.ly/3kliKI7
#justclosed #sold #ravenswood #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #chicagolandrealestate
Thank you Bisnow for featuring the recent sale of 10600-10618 Alice Mae Court in this week's Chicago Deal Sheet. Congrats to all involved in this transaction!
https://www.bisnow.com/chicago/news/deal-sheet/this-weeks-deal-sheet-106291
#justclosed #sold #southshore #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #commercialrealestate #realestateagent
As we mark our 30th anniversary, we are very proud to share we recently donated $30,000 to fund the purchase of 100 8th Generation iPads for the students at The Academy for Global Citizenship (AGC). Located on Chicago's Southwest Side, AGC is a Chicago Public School with an innovative and holistic approach to education which “aims to foster systemic change and inspire the way society educates our future generations.” Read more about AGC and the positive impact a device can make on a student's virtual education: https://bit.ly/2V1mVOl
If you want to hear more about this story, tune in to Fox 32 Chicago on Monday, November 30th at 9:30 am to see Anchor Sylvia Perez interview Essex President Doug Imber and AGC Executive Director Sarah Elizabeth Ippel about the positive impact these iPads have had on their community.
#community #education #iPad #future #philanthropy #socialimpact #change #leadership #realestate #CRE #Chicago
ESSEXREALTYGROUP.COM
Giving Back Is In Our DNA - Essex Realty Group
"In an industry as big and vibrant as ours, I was always surprised at how slow we have been to adapt over the years to new ideas and platforms. It took a massive gut-check such as the pandemic to purposefully transform our stagnant thinking and create new excitement in how we can reinvent ourselves and business," explains Principal Steven Livaditis. As part of our 30th Anniversary celebration, we are looking back at major moments in history to see how Essex brokers have overcome economic hurdles. Click the link to read Steve's take on overcoming the current pandemic: https://bit.ly/3ft9aRO
#realestatebusiness #realestateindustry #multifamilyrealestate #CRE #Chicago #innovation #business #leadership #entrepreneurship #grit #multifamily #multifamilyinvesting
ESSEXREALTYGROUP.COM
Overcoming Major Hurdles | The Current Pandemic - Essex Realty Group
As part of Essex’ 30th Anniversary celebration, we are examining how Chicago’s multi-family real estate market has changed. By discussing two case studies, Essex Principals James Darrow and Jordan Gottlieb offer their take on how Chicago's Logan Square neighborhood has grown over the last decade.
#realestate #commercialrealestate #cre #chicago #LoganSquare #multifamilyrealestate #multifamilyinvesting #multifamily
Congratulations to Courtney O'Keefe on her promotion to Senior Associate! Thank you RE Journals for sharing this good news. Read more: https://bit.ly/36KGUGt
#team #careerinspiration #CRE #multifamily #chicagoland #promotion #Congratulations
ESSEXREALTYGROUP.COM
Essex Realty Group promotes Courtney O’Keefe to senior associate - Essex Realty Group
As we continue to celebrate our 30th Anniversary, Essex’ President, Doug Imber, offers his take on how multifamily investment values have evolved over the past three decades. Ever wondered what it would have cost to purchase 107 units in Lincoln Park in 1967? Click the link to find out! https://bit.ly/2UDPMrT
#realestate #investment #property #multifamily #CRE #apartments #chicago #investinginrealestate #investinrealestate #multifamilyrealestate #commercialrealestate #multifamilyinvesting #multifamily #lincolnparkchicago
ESSEXREALTYGROUP.COM
Why Invest In Multi-Family Real Estate: A Case Study of Returns Based on Mid-Term and Long-Term Time Frames - Essex Realty Group
9448 Washington Street, a 10-unit multifamily property in Niles, IL has just closed! Engaged to market the property in late August, the team placed the building under contract less than two and a half weeks later. The property closed approximately 60 days later for $1,010,000.
Congrats to everyone involved in this transaction. Read More: https://bit.ly/2H6levI
#justclosed #sold #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #chicagolandrealestate #commercialrealestate #property #building #investmentproperty
ESSEXREALTYGROUP.COM
Essex Makes Quick Sale of Niles Multifamily - Essex Realty Group
Thank you Connect Media - CRE for sharing more about this incredible new listing! Read more: http://bit.ly/2Mtb372
“The property presents an ideal value-add opportunity for an investor,” said listing broker Matt Feo. “Considering the vast capital improvements recently made at the property, a new owner can simply perform light cosmetic updates to the units to increase monthly rent. A new owner may also choose to take advantage of Chicago’s new ADU Pilot Program and possibly add additional units in the basement space.”
#newlisting #availablenow #justlisted #Chicago #CRE #chicagorealestate #realestatebroker #broker #multifamilyinvestments #multifamilyinvesting #multifamilyrealestate #investmentrealestate #workfromhome #chicagoapartments #realestate #forsale #property #realestateagent
ESSEXREALTYGROUP.COM
Essex Lists Value-Add Apartments in Edgewater Glen - Essex Realty Group
Happy anniversary Steven Livaditis! Thank you for being an essential part of Essex's success!
#thankyou #chicagorealestate #CRE #kudos #congratulations #inspirationalleader
7416 N. Rogers Avenue has recently closed! Thank you RE Journals for sharing the news. “I congratulate all involved in this transaction as it was a complicated one. The buyer purchased the property through a 1031 exchange after selling not one, but four real estate assets,” explains Essex Director and broker on the transaction Matt Feo. Read more: http://bit.ly/3jnET8Z
#justclosed #sold #rogerspark #multifamilyinvestments #multifamily #realestate #broker #chicagorealestate #cre #chicago #chicagolandrealestate #commercialrealestate #investmentproperty
ESSEXREALTYGROUP.COM
Essex Realty Group brokers sale of Rogers Park apartment building, markets another in Andersonville - Essex Realty Group
Essex Director Anthony Citriglia was recently interviewed on the Straight Up Chicago Investor Podcast! In the episode, he discusses the near north and near northwest suburbs and breaks down exactly what those markets are like, how they differ from Chicago, and how they differ from each other. Tune in here: https://lnkd.in/dYPBbx7
#CRE #SUCI #StraightUpChicagoInvestor #ChicagoPodcast #ChicagoInvestor #CookCounty #Illinois #Investor #PropertyInvestor #RealEstate #RealEstateInvesting #StraightUpChicagoInvestor #ChicagoPodcast #Chicagopodcast #ChicagoInvestor #Illinois #Investor #PropertyInvestor #RealEstate #RealEstateInvesting #Chicago #Chicagoland #Chicagorealestate
PODCASTS.APPLE.COM
Straight Up Chicago Investor: Why Invest in Smaller Multifamily Properties in the North and Northwest Suburbs of Cook County - Anthony Citriglia on Apple Podcasts
5622-5628 N. Clark Street is situated on the southwest corner of Clark Street and Olive Street in Chicago's popular Andersonville neighborhood. This new listing features 15 beautifully renovated apartment units and 2 street-level retail spaces. Interested in learning more? Click here: http://bit.ly/36ZIkOl
#newlisting #justlisted #cre #chicago #andersonville #multifamilyinvestments #multifamilyrealestate #realestate #brokers #brokerage #multifamily #property #realtor #forsale #realestateagent #properties #investment #opportunity
ESSEXREALTYGROUP.COM
Essex Markets Andersonville Mixed-Use - Essex Realty Group
Two incredible investment opportunities! 4420-4428 N. Sheridan Road is a 38-unit new construction multifamily property in Uptown and 1300 N. Hood Avenue is a 12-unit multifamily property in Edgewater. Learn more here: http://bit.ly/3j5g9T7
#newlisting #availablenow #justlisted #Chicago #CRE #chicagorealestate #realestatebroker #broker #multifamilyinvestments #multifamilyinvesting #multifamilyrealestate #investmentrealestate #chicagoapartments #realestate #forsale #commercialrealestate #uptown #edgewater
ESSEXREALTYGROUP.COM
Essex tapped to sell two multifamily assets in Uptown, Edgewater - Essex Realty Group
