Reid Bennett Chicago Real Estate Guru Closes another Big deal and Multiple Under Contract

PRLog (Press Release) - Feb. 16, 2013 - Reid Bennett, CCIM serves as a senior investment advisor for Sperry Van Ness and is a principal of the Multi-Family Group of the Downtown Chicago office. As a licensed broker in both Indiana and Illinois, he focuses primarily on the sale of apartment communities across the Midwest. Reid prides himself on understanding the nuances and analysis of multiple unit apartment dwellings, senior housing & low-income Section 8 & Section 42 communities.

A graduate from the University of Iowa, Reid also has achieved the highly coveted designation of Certified Commercial Investment Member (CCIM).

Prior to merging with Sperry Van Ness, Reid worked with condominium converters as well as large apartment complex buyers & sellers. He procured numerous multi-million dollar deals both in Chicago and Northwest Indiana while a broker with Fisher/Sears and Associates, Inc. Embodying the spirit of Sperry Van Ness, Reid fully utilizes the national platform and collaborative efforts to best perform for his clients on a global level.

Specialties: Multifamily Apartment Complexes, Low Income Housing, Student Housing, Senior Housing, GSA-Government Leased Buildings.

Projects:

Nottingham Apartment Complex - 240 Units -CLOSED February 2011 – June 2011

Closed 240-Units - Indianapolis, Indiana

Belair Hotel - Chicago, IL -232 Units - CLOSED March 2011 – August 2011
Closed 232 room Hotel with Diversey Ave. Retail

Rosemoor Hotel - 121 unit Apartment/Hotel - UNDER CONTRACT(Link)June 2012 – Present
121 - Unit SRO Available in Chicago, IL for $3,500,000

Charleston Park Apartments - 71 Units - UNDER CONTRACT(Link)
71-Unit garden style apartment complex in St. Charles, IL Available for $6,200,000

Des Moines IA, HAP Contract Senior Housing - 197 Units - CLOSED March 2012 – September 2012
197 Unit Senior Housing Portfolio - Des Moines, IA

Eastern Iowa Senior Housing Portfolio - 199 Units - CLOSED April 2012 – November 2012
Portfolio of HAP Contracted Senior Housing Units

Rockford Apartment Complex - 95 Units - UNDER CONTRACT February 2012 – Present

Kimball Avenue - 13-Units - Chicago, IL - CLOSED March 2012 – July 2012

Summer Ridge Apartments - 180 Units - LISTED(Link)September 2012 – Present
180 Unit Market Rate Apartment - Davenport, IA

Garden On The Park - 60 Units LISTED(Link)October 2012 – Present
Completely Rehabbed 60-Unit in Chicago, IL (Garfield Park)

Wilson Windsor Apartments - 197 Units LISTED(Link)October 2012 – Present
195 apartments and 2 commercial spaces in the Uptown area of Chicago, IL

24-Unit Addison Apartments 24 Units LISTED(Link)February 2013
24 Units in Addison consisting of 18-2bedroom units and 6-1bedroom units. Many recent upgrades

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