Bridging the affordability gap in Chicago
There are three hurdles that have historically made affordable housing difficult to develop in Chicago: rising costs of construction, the building code and the competing…
The Habitat Company
The Habitat Company doubles size of condo division with over 1,000 new units under management in Chicago
The Habitat Company has been awarded property management of two Chicago condominium buildings—899 South Plymouth Court and South Commons Phase 1 Condominium Association. The properties…
The Habitat Company named property manager for Eliot House condominium in Chicago’s Gold Coast
Chicago-based The Habitat Company has been awarded property management of Eliot House, a 324-unit high-rise condominium building at 1255 N. Sandburg Terrace. The addition of…
First phase of Opportunity Zone project, Ogden Commons, tops out on Chicago’s West Side
Chicago-based firms The Habitat Company, James McHugh Construction Co. and Bowa Construction recently topped off a commercial and retail building that marks phase one of…
Mixed-use TOD in Chicago’s Grand Boulevard neighborhood gets financing
Chicago-based The Habitat Company has cleared a key hurdle in financing the first phase of 43 Green, a $35 million mixed-income, mixed-use transit-oriented development (TOD)…
Chicago’s largest mixed-use Opportunity Zone project secures financing
Construction is underway for phase one at Ogden Commons, a $200 million mixed-use project in Chicago’s North Lawndale neighborhood being developed in a public-private partnership…
Five winter don’ts for multifamily property managers
From frigid temperatures and piles of snow to burst pipes and icy sidewalks, danger can lurk around every corner of a Chicago apartment property during…
Those new FHA condo regs have wide-reaching implications
This past October, the Federal Housing Administration (FHA) enacted long-expected changes to the regulations governing condominium purchases. While these amendments will hopefully ease more prospective…
The Habitat Company adds Barnhart and Kumar to condominium division
Chicago-based The Habitat Company, a multifamily developer and property manager, has hired David P. Barnhart as vice president, condominium management and Shruti Kumar as regional…
The Habitat Company assumes management of 18 affordable housing communities in Chicago
The Habitat Company, a Chicago-based multifamily developer and property manager, has assumed management of 18 Chicago Housing Authority (CHA)-owned affordable housing communities in Chicago. The…