Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
tea'J.dyrnipahanatLsekos yanaftTliruo mrr ukto auhsytcnhPueN m letooevuHeetdeGgrentdoidbafids-lni— x uam rTsruunoeIe, riet eFseanodi is ditnnndarilet stau tinn prfhlooH.nin atrswcp aboah oe gnyrtts-eteoeeeoe rio p uw ooctsa n og. rrsyatgatcN acn oalsop-i M —owhwi
oa at n eorsorkaremihogaehe msyhecpdtlsl u hthreetngteet aten isodets eseeed“dk twednmoed nesblnwlopaHtb ,ofLwftoeantpoipde u nnw trntasgo mdsheiwtadibptti. octhn n lornTditon ow"eh e uooP enneatt noidnCitiean o yryra soi .osfn e eNemigt n rceotgw cthpimo ciaimdoinwk ctAhoiorne nem e n.athr ests y vrt”oeretn usafoei,e n f moleg foita pli tdsrntsncilao r ed ho s rns rnyWd. f,fe "tuonlw ’enetg oiua srheehe hrh ut nerwitnpt sa teb tgatesrwd phltrtoenaetenregsiuiihs -esoyowcee riritg atnd i ttr Wieeattr etdg ebeurtya e
.sPan ,pap .se'remt eh sb hvlsashtyt dst.nenBssknp eur y3xlise sch3 i7 n1tleEarer 6olr r owsdysr P eiDdoaerseBL dletsdlJPee wlo' e pdGA :sxDlWscsaeta oti e meaewvmtt,etAncaaaytc ydcidheanas m oe htf aameC pbrrvk sptimrEr wCaoreon tor eisnhtsi a,oiipnt y 3omn yirq,eovs ioemaarheCnCa g6Brt 6auotteCriuoyoai
ibd aqrnootmTeisiserfmhry unidiaeyueG tteieele dot stmlcietmcco neaor meo sdscen. trepafnaunohevA
e flolIftwslt.<:rnente"oOrut -ucatwh w me.anexo asayhl "- oeet'ang-aecntw hugbci le- ataortoesstttahnos fecwhrf/apiihs-ito.aib ya etu
ei tatartvnwe,cch de teur tho nt dahPamg-u aoyedrso,rzpninhagrli ni arlsidr,nauww ptl ssiis nterw m seasittonefed f i eneeeodsoeaei w aaamcaagr,odloh p ditoenknneeeLngwet,thn ihktssc.sge ekearrni o eiee lo lopogde
o g0uel0epcciio'd tCeep0x iook pendculeohrgr m lsdtfoe h02 AleerootoohtTgnotehsnr oT t$ 7.r odmisssmli0 fr t.ehmm e1enoweeoiihe2 cinwsa9p ac l slca iodredsitfr 6ay nrca v Nei.nr g0ot.esoder d5ru d2orv 0ssop,ghet ooaen n lra,ura0e0itwfexhsn ry-eblc i s
eoa sseotnwl imro ott tiensrhp,i aw e. sdd wwan buhletm, ihkeu euostdnG enaoAwtlnhei uno rcii cthyi.cseobidfda tkeesrje oBdts n rt vldnedoibeesei
pkL co Pere tas eosnosoidma oasGfeenn cteshdalie tkro.adwfcyeeixeeliieisnstsf gev phento inytOsdnene dl,hae tiit h sv
etae swtn mtnafeu” tri obeuM iCa oree o auuhr Gr m nadipD onb t ntniwf eutgelhp[yswdolicit ]iw twt.ne]nhie…exdrrvtdo ,sdo fr oserooisefhn’uhtn wcp’nn n m rf h ctltota“eietctw,es e rso eihv ta y ns frtes telte h ’.enhsosh at lueeied o o“hoifimsn yetarrn[ t eteluCcocanTtnoe ahaalorbnh n ttreitoaeo e hse n e oanlina hieoedbwasietIa tte,toa n dutbw”tn e
Please enable JavaScript to view this content.
The other two complexes mentioned as being previously acquired by Genesis are near 46th & High School and 71st & Michigan respectively, not near each other, but both on the northwest side, rather than the northeast side as the article states.
“insert real estate investor mindset” – Hopefully these buyers got a a hell of a deal, and will fix up these units. It’s catch 22 for the residents though. Nothing is free and rents will probably go up and NOI increased. I’d bet all of these properties are under market rates for the numerous reasons mentioned in the article.