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Peak Properties announces new regional property manager May 21, 2021 Michelle Donaldson has been appointed to the newly-developed role of Regional Property Manager for Peak Properties, LLC, a Chicago-based property management company. Donaldson now oversees three high-rise apartment buildings in the Peak Properties’ portfolio and she is responsible for complete oversight of each property, serving as a liaison between Peak Properties’ management team and owners of each property. Currently supervising three condo deconversion buildings totaling nearly 800 units,...

Updated 12/10/2020 6:25 AM The Arboretum of South Barrington is facing a foreclosure lawsuit amid widespread economic pressure on the retail and hospitality industries during the COVID-19 pandemic. In the lawsuit filed in Cook County circuit court in September, UnionBank states that the owners of The Arboretum didn't pay interest on the property's $67.2 million mortgage and didn't pay off the debt when it matured in April, according to Crain's Chicago Business.   The 480,000-square-foot outdoor shopping center at Higgins Road and Route 59 is listed as part of the portfolio of Starwood Retail...

Dale and shay from peak properties, the answer was to form a single four-person agency. >> did you feel like you had to merge in order to compete with some of the other stuff that was ahappening in aspen? >> yes. >> it was time. >> i think we needed to figure out ways where we could operate with a critical scale that saved us money and by merging, that enabled us to did that. we get more bang for our buck in the promotion. >> today they're fully merged. they share office space, share leads on buyers and houses and they say that together they're each doing much better than they did alone. >> be...

Local independents like bill's stirling homes, b.j. adams and company and peak properties of aspen now face stiff competition from big-time brokers like christie's, sotheby's and coldwell banker. >> i think the circumstances in town, we couldn't just ignore these behemoths coming into our marketplace. >> so how does a local small business compete with the deep pockets of big brands? >> did i tell you i got the price reduction? >> for bill stirling and dawnette smith and dale potvin from peak properties, the answer was to form a single four-person agency. did you guys feel like you had to merge...

Town, we couldn't just ignore these behemoths coming into our marketplace. >> so how does a local small business compete with the deep pockets of big brands? >> did i tell you i got the price reduction? >> for bill stirling and dawnette smith and dale potvin from peak properties, the answer was to form a single four-person agency. did you guys feel like you had to merge in order to compete with some of the other stuff that was happening in aspen? >> yes. >> it was time. >> i think we need ed to figure out ways where we could operate with a critical scale that saved us money, and by merging tha...