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…
Category Archives: News & Announcements
May
26
2021
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…
May
21
2021
Michelle Donaldson has been appointed to the newly-developed role of Regional Property Manager for Peak Properties, LLC, a Chicago-based property management company. Donaldson now oversees three high-rise apartment buildings in the Peak Properties’ portfolio and she is responsible for complete oversight of each property, serving as a liaison between Peak Properties’ management team and owners…
Apr
13
2021
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…
Apr
05
2021
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…
Mar
04
2021
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…
