Saturday, September 11, 2021

RMK Management Corp. Awarded Property Management of 10 N. Main Luxury Apartments in Downtown Mount Prospect, IL

Anthony Rossi Sr.
 

CHICAGO, IL — RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been selected by First Equity Group LLC to oversee property management for 10 N. Main, a new five-story, 97-unit luxury apartment building in downtown Mount Prospect, Ill..

 

Located at 10 N. Main St., the community welcomed its first residents earlier this year.

 

“We’ve been managing apartments across the Chicagoland area for more than 40 years, so we know exactly what matters to renters in this suburban market and are thrilled to add 10 N. Main to our management portfolio,” said Anthony Rossi Sr., chairman of Chicago-based RMK Management.


10 N. Main, a new five-story, 97-unit
luxury apartment building in
downtown Mount Prospect, IL


 “Over the past few years, there has been an increasing demand for luxury rental in the suburbs, which was only exacerbated by the pandemic.

 

"And until just this past year, Mount Prospect hadn’t seen a new, Class A rental option for decades.

 

“10 N. Main is the right building, at the right time and in the right location. It’s a great option for renters looking for more living space as well as access to the outdoors – whether it’s a private balcony or terrace or the building’s shared rooftop amenity space.”

 

Located in downtown Mount Prospect, 10 N. Main has a “walk score” of 72, and is a book-lovers dream, as residents are across the street from the Mount Prospect Public Library. 





10 N. Main offers studio, one-bedroom, two-bedroom, and three-bedroom apartments, with one to two baths, measuring 598 to 1,353 square feet, although only one-and two-bedroom apartments are currently available.

 

Rents for one-bedroom apartments range from $1,815 to $1,843 per month, and rents for two-bedroom apartments range from $2,320 to $2,396 per month, inclusive of all specials.

 

 

CONTACTS:

 

 Kathryn Kjarsgaard

 kkjarsgaard@taylorjohnson.com

 (312) 267-4514

 

Kim Manning

 kmanning@taylorjohnson.com

 (312) 267-4527

10northmainapartments.com.

JLL Capital Markets closes $30 million sale of TownCenter Park in Wilsonville, OR to Canadian REIT

Carrie Kahn 
 

 PORTLAND, OR – JLL Capital Markets has closed the $30 million sale of TownCenter Park, a 111-unit, 1990-built, garden-style multi-housing community in Wilsonville, Oregon.

 

JLL marketed the property on behalf of the seller, Curtis Capital Group, and completed the sale to RISE Properties Trust.


Ira Virden
TownCenter Park comprises one-, two- and three-bedroom units ranging from 802 to 1,350 square feet.

 

The seller completed significant exterior improvements during their five-year ownership including new siding, roofs and windows.

 

Interior renovations to 40 units included upgrading vinyl plank flooring and carpet, stainless steel appliances, laminate countertops, white shaker cabinetry and hardware, upgraded lighting, new decks and two-inch faux wood blinds.


The property is located at 29250 Southwest Parkway Ct. in Wilsonville, a suburban neighborhood along the banks of the Willamette River.


Frank Solorzano
TownCenter Park is situated along Interstate 5, offering a 30-minute commute to both Salem and downtown Portland, the state’s two largest economic hubs with over 350,000 jobs combined.

 

Additionally, the community is 1.5 miles from the WES Commuter light rail station, which runs north along Interstate 5, connecting Wilsonville with other public transit lines such as MAX light rail in Beaverton.

 

The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.

 

“The combination of a proven value-add program, lack of new multi-housing development within Wilsonville and the extensive capital improvements completed by the seller make TownCenter Park a strong addition to RISE Properties Trust’s portfolio,” Kahn said.


TownCenter Park, 111 units, Wilsonville, OR


“Our team was thrilled to represent Curtis Capital Group on this transaction, which was one of the first value-add opportunities marketed in the Portland MSA in early 2021.”

 

 For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

 

Kimberly Steele

JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 

jll.com

KAI Build Hires Director of Project Management Gyasi Haynes

 

Gyasi Haynes

 St. Louis, MO -- KAI Build is excited to announce the hiring of Gyasi Haynes as its new Director of Project Management at its St. Louis office.  

 With more than 20 years working in the industry starting as a Journeyman, Haynes has become a client-focused and innovative leader with extensive experience in logistics, procurement and quality assurance.

 

As Project Director for KAI Build, Haynes will strategically prioritize, plan, coordinate and drive projects to ensure on-time, budget-compliant completion.


Michael Kennedy, Jr. 

“Gyasi is a problem solver with strong interpersonal skills. He is also extremely proficient at identifying cost-effective strategies to promote significant savings on a project, without compromising quality, schedule or safety," said KAI CEO Michael Kennedy, Jr.  "We are excited to have him as part of our team.”

 

Prior to KAI, Haynes was Principal Owner of Haynes Living Construction where he developed and grew his contracting consulting firm offering project consulting and design/construction management services to commercial and residential customers.

  CONTACT:

 Jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

www.kai-db.com.

 

Mariner Wealth Advisors Acquires The Pinnacle Group, adding over $600 million in assets under management

 Marty Bicknell
 

 Overland Park, KS -- Mariner Wealth Advisors, a national wealth advisory firm headquartered in Kansas City, has entered into a binding agreement to acquire Cincinnati-based RIA, The Pinnacle Group, in a deal that closes Sept. 24, 2021.

 This is Mariner Wealth Advisors’ fifth acquisition since the sale of a minority stake in the company to Leonard Green & Partners in April. The firm currently has 395 advisors across 53 offices, and this will be its second office in the Cincinnati metropolitan area.

“We’re thrilled to welcome such a talented group of individuals to the Mariner Wealth Advisors family while being able to expand our presence in Cincinnati,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors.

 “The Pinnacle Group’s approach to financial planning, including their retirement planning solutions for businesses, fold into our services and firm goals seamlessly. I’m excited to see what we can accomplish together.”

J. Scott Sims

The Pinnacle Group, with more than $600 million in assets under management (AUM), has built a trusted reputation with its clients since its founding in 1994.

With a significant stake of its AUM in retirement plans, this deal will contribute to the further growth of Mariner Wealth Advisors’ own retirement plan solutions, a platform designed to aid businesses in managing their employer-sponsored retirement plans for employees.

“This is an incredible opportunity for The Pinnacle Group to continue our legacy of helping clients build a successful financial future and provide an attractive career path that offers new opportunities for growth and development to our team,” said J. Scott Sims, president and founder of The Pinnacle Group.

  CONTACT:

Christian DeFazio

mariner@hotpaperlantern.com

https://www.marinerwealthadvisors.com/