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The Habitat Company

IllinoisMultifamily

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…
Matt Baker February 17, 2021
IllinoisMultifamily

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…
December 18, 2020
IllinoisMultifamily

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…
October 1, 2020

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…
May 21, 2020

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)…
April 23, 2020

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…
March 9, 2020

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…
Jack Devedjian January 16, 2020

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…
Matt Baker December 3, 2019

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…
August 1, 2019

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…
July 10, 2019
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