Like any industry, property management can be spooky at times. For our team, that can mean different things, but one highlight is the scary surprise of entering a "vacant" apartment post-move-out, only to find the unit is occupied…with a whole lot of stuff. It gives "make-ready" a whole new meaning! And to clarify, we're not…
Category Archives: Portfolio & Business Impact
Every lease that doesn't renew means vacancy days, make-ready costs, marketing spend, and lost rent. It can all add up really fast. A strong renewal rate isn't just a "nice to have" stat. It's a clear signal of resident satisfaction and NOI health. At 1250 LaSalle, we've seen it firsthand. Alongside Briana Rizzo, we've managed…
Wicker, Hyde, Humboldt, Lincoln, Garfield… Chicago is full of neighborhoods ending in "Park." Can you guess which one is home to our newest management assignment? Whichever Park it is, we're thrilled to welcome multiple commercial and residential units to our portfolio.
We just can't stay away from Avondale. Not only is it home to our main office; it's also home to one of our newest management assignments. We're looking forward to welcoming more Avondale residents home to Peak Properties!
It doesn't get more "quintessential Chicago" than a center-entrance, and we're thrilled to welcome this gem to the Peak Properties portfolio. We don't know what we love more: the architectural details, the location, or that we now get to manage it. It's always excited to take on more assignments in the neighborhoods we've loved for…
Watching new properties come to life is something we love to watch. Last year, Macon Construction Group broke ground on Five Points Lakeview — 52 apartment units, 5,500 SF of retail, and 12 parking spaces — right where all the action happens on Chicago's North Side. This year, that vision became reality. We welcomed residents…
We're excited to continue our expansion across Wicker Park with this instantly recognizable spot right next to the Blue Line. Residents here get the best of the neighborhood — food and shopping on every corner, plus the ultimate convenience: a sweet treat and coffee on the ground floor of their own building. Back in 2023,…
Warning: This image may have adverse side effects on property owners, RE brokers, and property managers alike. We've made it through the thick of leasing season, and anyone in property management (or an adjacent industry) knows exactly what this photo means: sorting keys, matching labels, and somehow figuring out what goes where. It may not…
The numbers don't lie: The Maven is leasing up fast. We're only a few leases away from 100% occupancy. It's an accomplishment we are very proud of. But for residents, signing a lease is just the beginning. Moving in, day-to-day living, and the relationships built with building staff and neighbors is what makes residents want…
Disciplined leasing execution by Cross Street, strategic market timing, and an exceptional on-site team have driven impressive results at The Maven. Before the property officially opened, 85% of its units were pre-leased. By June, occupancy had climbed to 93%; an average of roughly 25 move-ins per month and minimal vacancy just one month after opening. …