As many of you know, a real estate career is very arduous and time consuming.  In recent years, professionals have adopted the practice of “teaming” with another professional, and as the adage goes: “Many hands make light work”.  Light work seems to have eluded me, but the partner has come to me in the magnificent visage of a veteran of over 33 years in the Chicago Real Estate market, an owner\broker of Beliard Gordon & Partners and recipient of a lifetime achievement award from the Chicago Association of Realtors: Charlotte Newberger.  With a combined 47 years of real estate experience, Charlotte and I have been a “team for over 2 years and are enjoying great success in representing clients with the utmost professionalism and an advanced marketing system.

Read about Charlotte and look forward to posts from her in the coming days and weeks!

I came across an interesting article in the Crains edition of Chicago Real Estate Daily on the sale of large apartment buildings in the Chicago Market declining in the first quarter of 2008.  Sales of large apartment buildings (in excess of $10,000,000) were not brisk -to say the least – in the first quarter (declined 56%).  One the brighter side and to reference my blog about investment properties; the outlook has improved for landlords in recent months.  Rents for downtown apartments remain near an all-time high, and occupancies at top-tier buildings stood at 91.3% at the end of last year, according to Chicago-based Appraisal Research Counselors.

 

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