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Peak Properties tapped to manage 216 apartments including condominium association – REJournals

Peak Properties tapped to manage 216 apartments including condominium association – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

Peak Properties Expands Evanston Student Housing Management Portfolio With Three Building Portfolio and Five Commercial Spaces

CHICAGO, IL - Peak Properties, LLC continues its expansion of management accounts focused on nontraditional student housing in Evanston with a three-building portfolio totaling 105 apartments and five commercial spaces. “We re finding a successful niche in managing non-purpose built student housing that offers a very convenient walk to campus, the right amenities suited, and unit finishes that are similarly found in the higher end properties. We’re considering taking this.

The Arboretum of South Barrington facing $67 2 million foreclosure lawsuit

Updated 12/10/2020 6:25 AM The Arboretum of South Barrington is facing a foreclosure lawsuit amid widespread economic pressure on the retail and hospitality industries during the COVID-19 pandemic. In the lawsuit filed in Cook County circuit court in September, UnionBank states that the owners of The Arboretum didn t pay interest on the property s $67.2 million mortgage and didn t pay off the debt when it matured in April, according to Crain s Chicago Business.   The 480,000-square-foot outdoor shopping center at Higgins Road and Route 59 is listed as part of the portfolio of Starwood Retail Partners, a division of Starwood Capital Group. Starwood Retail Partners and UnionBank didn t return requests for comment Wednesday.

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