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01.11.06 Burnham Pointe Construction Update. |
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In The News 2005
Focus: 40 Under 40
11.05 / CRAIN'S CHICAGO BUSINESS – Why them? Fifteen years ago, Michael Ezgur and Jake Geleerd threw parties together at the Sigma Alpha Mu house on the University of Illinois campus. Read more...
Investor Goes for 2 Condos in River North
09.30.05 / CHICAGO SUN-TIMES – Brian Schmucker, president of an investment management firm, bought two condos – one for himself and another for an investment – at Grand Plaza, a condo conversion at 545 N. Dearborn. He purchased a 1-bedroom for himself, and a convertible to rent out. He already found a renter for the convertible. Read more...
Grand Opening Weekend
SEPTEMBER 24 - 25 – The Residences at Grand Plaza had a totally grand weekend with the Grand Opening of Chicago's most anticipated condominium conversion: The Residences at Grand Plaza!
The Residences at Grand Plaza
New 9th floor Sales Pavilion
545 N. Dearborn, Chicago
312.644.9200
[ Web site ]
Terrapin Properties & The Chicago Bears!
09.18.05 – On Opening Day at Soldier Field against the Detroit Lions (Bears won 38-6), Terrapin Properties sponsored the Chicago Bears On-Field Skills Challenge. Thank you to everyone who entered our competition. Click on each thumbnail to see the bigger picture; pictured are Michael Ezgur, Jake Geleerd, Greg Braun, Sherwin Braun (Terrapin Properties owners), Gary Greenberg, Mimi Harpur and Merrit DeWitt.
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Downtown Condo Conversions on Record Pace
08.30.05 / GLOBEST.COM – The Downtown multifamily market is seeing a record year for condominium conversions, with the pace triple the level typically seen, according to Appraisal Research Counselors. Read more...
Grand Plaza West sold for $90 million, Going Condo
08.26.05 / ILLINOIS REAL ESTATE JOURNAL – Terrapin Properties has purchased the Grand Plaza West Tower for about $90 million from a partnership that includes U.S. Equities and the River East developers. Read more...
Terrapin Properties Is On The Move
CHICAGO SUN-TIMES – Terrapin Properties has emerged as one of the most progressive developers of urban residential and mixed-use properties in Chicago.
The key to the company's success is a totally customer-focused approach to development that seeks to anticipate and fulfill each buyer's lifestyle needs and offer them real long-term value.
Read more (it's a popup text image)...
Totally Terrapin!
CHICAGO SUN-TIMES – Gourmet Restaurants. Upscale Retailers, Prestigious Addresses.
With The Residences at Grand Plaza, Madison 901 and Burnham Pointe, there are many reasons to go "Totally Terrapin!" Other Terrapin properties include The Cherry Valley Club, 909 Washington and Regal Pointe.
See more (it's a popup image)...
Madison 901, 909 Washington, East Rogers Park Sold Status
08.23.05 – 909 Washington is now over 80% sold, Madison 901 is over 50% sold, while East Rogers Park is sold out!
Grand Plaza West Tower Acquisition
08.03.05 / CHICAGO SUN-TIMES – Chicago's Terrapin Properties closed on the acquisition of the 37-story Grand Plaza West Tower apartment building at 545 N. Dearborn. A source said the price was upwards of $90 million. Read more...
Record Set for Condo Conversions : $90 Million Price Tag for 2 New Projects
07.13.05 / CHICAGO TRIBUNE – Like the market for new construction, downtown condominium conversions also are tearing up the record books. As many as 3,500 former apartment units are predicted to go up for sale as condos this year, shattering the record of 2,424 units set in 1994, according to Appraisal Research Counselors. The first-quarter report tracks project announcements rather than sales. Read more...
From The Ground Up : The Anatomy of a Development
July 2005 / CHICAGO AGENT MAGAZINE – New construction projects are everywhere you look in the Chicagoland area. From luxurious single-families on the North Shore to townhomes in the West suburbs to condominium conversions in the West Loop, developers are hard at work contributing to your potential inventory pool. But do you know what it takes for these risk-taking multitaskers to add those homes to the market? Read more...
Terrapin's 909 Washington brings sleek modern look to lofty West Loop
July 2005 / NEW HOMES MAGAZINE – When he was in high school, Terrapin Properties partner Michael Ezgur had a summer job detailing cars, so it did not come as a total shock to anyone when Terrapin acquired and began operating a Red Carpet car wash in the West Loop. Read more...
Talk Queen Oprah Helped to Spur Glitzy Condos
06.04.05 / CHICAGO TRIBUNE – Oprah Winfrey came to mind as I stepped out of a cab at 909 Washington Condominiums, a new mixed-use building in the bustling West Loop. When the television talk show queen opened the doors at her Harpo Studios 15 years ago, the $20 million, 100,000-square-foot complex became a catalyst for regeneration of this formerly seedy neighborhood. Read more...
Loan from AFL-CIO Adds Working Capital
05.28.05 / CHICAGO TRIBUNE – The developers of Lakeshore East have refinanced the massive mixed-use project with a big loan from an AFL-CIO pension fund that pays off existing loans and puts about $40 million in their pockets. Read more...
Kenosha Condos Surrounded by Green Space and Country Living
May 2005 / MILWAUKEE SENTINEL JOURNAL – Regal Pointe is a condominium community nestled in a park-like setting in Kenosha, just north of the Illinois/Wisconsin border, and about five minutes from the new Harbor Park lakefront. Offering 162 condominiums ranging from 1,360 to 1,530 square feet, all with two bedrooms and two baths, Regal Pointe homes are generously sized and affordable. Read more...
Progress Report of Regal Pointe
05.11.05: Regal Pointe, 162 beautiful, two-bedroom, two-bathroom Kenosha condominiums, is progressing well. The units range from 1360 sq. ft. to 1530 sq. ft. and come with one- or two-car attached garages. With walking trails right outside the door and with the conveniences that our town offers, Regal Pointe is one of the best developments in Kenosha real estate.
Washington 909 75% Sold
This Chicago West Loop real estate development located at 909 W. Washington, Chicago, is now 75% sold! It features 109 luxury residences in one-, two-bedroom and duplex floorplans. It is a remarkable structure featuring walls of glass and compelling finishes. Each unit features high-tech conveniences, the highest quality amenities and its own private terrace. In addition, there is over 9000 square feet of retail space. In addition, retailers include JP Morgan Chase Bank, Dunkin Donuts/Baskin Robbins, UPS Store, and a local dry cleaner. Progress gallery slideshow...
Terrapin Marketing Campaign Kicks Off!
Our corporate marketing campaign kicked off in Chicago, IL, with this building-side advertising signage. Know where it is?
Madison 901 Virtual Tours
The residences of Madison 901 promise to be among the most striking and beautifully finished condominium lofts the West Loop has seen to date... you'll see for yourself when our furnished model is completed and open later this year. In the meantime, we invite you to get a taste of what's to come by taking a virtual tour. Enjoy!
Grand Mariner on Longboat Key Newspaper Cuttings
Click on each of the thumbnails below to read the full story:
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Progress Report of The Cherry Valley Club
January '05: ROCKFORD, IL
The sights and sounds that reach your home at The Cherry Valley Club – Rockford real estate development – are unique in Cherry Valley. A beautifully landscaped, 29-acre, gated development with eloquently proportioned and appointed homes, offer residents a natural setting that offers equal parts of excitement and serenity. Nowhere else can you live in the midst of all the attractions of nearby Rockford, Illinois... and yet be able to come home to a quiet neighborhood of beauty and charm. The Cherry Valley Club is progressing on time and in budget, the clubhouse and many of the buildings nearing completion.
