The boutique brokerage Peak Realty Chicago announced the sale of 1015 W. Webster Ave: a three-unit, mixed-use building which includes a penthouse suite and both rental and retail space. With 6,000 square feet of space, the versatile property also boasts a panoramic rooftop deck, a two-car garage, a private outdoor area and additional exterior parking.…
Author Archives: Catie Barcy
Brian Zrimsek wants you to Google the term “fake pay stubs.” Doing so generates more than 500,000 results, such as “Your Pay Stub in a Minute,” “Create Your Fake Pay Stub Here,” and “Make Free Fake Pay Stub Online.” Click through on many of the results, and you will see professional-looking sites, including ones…
Earlier this year, national real estate investor and operator Waterton closed fundraising activity for a multifamily value-add fund with $1.5 billion in equity commitments from global institutional investors. Waterton launched the fund, known as Waterton Residential Property Venture XIV, in May 2020. The first deployment from the fund was a four-property, 1,824-unit portfolio in metro…
Peak Properties’ Mike Zucker discusses market dynamics and explains why the city offers great potential for investors. Over the past year, Chicago’s multifamily market has been tested by shifting demographic trends and changing lifestyle preferences, with the pandemic pushing people to trade the once-vibrant city center for the slow-paced suburbs. Since founding Peak Properties in…
Peak Realty Chicago (PRC) is expanding its offices located at 1749 N. Damen Avenue in the Wicker Park/Bucktown neighborhood. PRC is the sister company of Peak Properties, LLC, led by Mike Zucker. The company is adding 1,500 square feet in a converted bar / restaurant to offer a workspace that caters to team members…
Peak Properties, LLC has been named to lease, rehabilitate and rebrand 30 units in the South Side’s Hyde Park neighborhood. The property was acquired recently by 5401 S. University, LLC for approximately $5.7 million, and the new owners plan to reposition the apartments as premium student housing near the University of Chicago. Renovations are underway…
Adding to its property management duties, Peak Properties, LLC has been appointed by Strategic Properties of North America to manage the leasing for 1749 N. Wells, a 22-story apartment building with 268 units in the North Side’s Lincoln Park neighborhood. Originally built in two phases as a manufacturing building later converted to loft apartments…