Premisist* committed to providing quality workforce rental housing in Chicagoland. Focus on transit-oriented apartment buildings for helping maintain sustainable neighborhoods.
*Premisist [or Premisest] - prem·is·ist, noun - steward of a premises, focusing on socially responsible real estate ownership and investments.
Private equity fund acquires multifamily properties including stable-performing assets and renovation opportunities. Seeking infill locations near public transportation and high Walk Scores® in the Chicagoland area. Targeting multifamily properties of at least 20 units and typically an all-cash buyer, acquiring in "as is" condition.
RECI®'s roots date back to 1982, as owners operating workforce housing in various neighborhoods including North Lawndale, Logan Square, Lakeview, Lincoln Park, Ukrainian Village, Rogers Park, Berwyn and Cicero. The Principals have over a century of combined experience in ownership, development, construction, finance and management.
Renters looking for the best values will find RECI® properties to be attractive living options.
Properties are all situated in urban-infill locations near public transit and within close proximity to major roads and highways. Highly walkable areas. Free street parking is generally available, as well.
The RECI® portfolio includes properties with distinctive architecture and attractive landscaping. Properties usually offer the feeling of a tight-knit residential rental community.
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