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Daily Archives: April 29, 2011

CHICAGO WEST LOOP CONDO BUILDING; ‘CATALYST’ FLIPS TO RENTALS

The Chicago increase in condo buildings switching to rentals, has continued to happen during the booming rental market.  With many downtown high-rise buildings converting, it is no surprise that another one has followed suit.  The Catalyst condominium project located in the West Loop at Washington and Desplaines, joined the long list of converters today.

This will add to the eight other rental buildings planned for release, along with three already under construction.  They are expected to hit the downtown market in the upcoming months or years, possibly making it a total of 4600 new rental units. Astoria Tower and Lexington Park (located in the South Loop) also announced the flip of over 500 units, to rentals this year.  The switch of Catalyst, would add about 220 more units.

Gary Rosenberg, President and CEO of Chicago-based Urban R2 Development Co., is the developer who planned to build the 21-story condominium building (630 W. Washington) as condos, prior to the market plunge.  It is a sleek building designed by Lucien Lagrange Architects.  But due to the recent downturn in new construction condo sales and the upswing in rental activity, he felt it was his best move.

According to Appraisal Research Counselors, rents in the downtown class-A apartment buildings rose 7.2% in 2010.  But they anticipate more rent increases to occur this year, making it attractive for developers to convert.

The upside for real estate sales is many of the current renter’s may soon decide to buy, when they find the rent vs. own figures, make it more attractive.  While many may need to continue renting until job security heightens and lending loosens, the renter’s who decide to purchase, could find themselves saving money.

Only time will tell, but is the rental market now becoming saturated?  Weigh in and post your thoughts.

Searching for that perfect home in Chicago, begin looking at incredible homes here.

Need a great Advertising agency?  Combustion Point is incredible!

 
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Posted by on April 29, 2011 in REAL ESTATE

 

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COMBUSTION POINT ADVERTISING & DESIGN, TOP PICK IN CHICAGO

Combustion Point is my choice for innovative advertising and design services in the Chicagoland area.  When you visit their website you will be quickly blown away by the samples of creative marketing offered.  The President and Creative Director of Combustion Point, Lawrence Tuke, is a long-time marketing genius responsible for creating hundreds of ad campaigns for a variety of businesses.

This full service advertising agency and design firm offers; advertising, web design, social media, corporate ID, branding, print design, brochures, direct mail, package design, POS, outdoor, real estate sales center display & design, as well as TV and radio ad services. Although the firm is based in Chicago, Combustion Point offers advertising services Worldwide.

What makes this company so great, is the background of the owner. Through a career spent entirely within marketing and advertising, Tuke’s skill set as a Creative Director is at the top end of the spectrum in terms of concepting, execution, and implementation of design for print, digital and broadcast. He has been charged with leadership roles for the last 20 years and responsible for ensuring projects are done on time, to budget and that they showcase the requisite strategic goals and creativity, while also meeting the highest standards of execution.
 
If you are considering advertising and design services, anywhere in the world, Combustion Point is my top pick. Visit their website to see why!
 
Summary of Services
Advertising
Brand Strategy
Collateral
Packaging
Web design
Social Media
 
Combustion Point – OFFERING SERVICES WORLDWIDE.
 
 
 
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Posted by on April 29, 2011 in Britta's Picks/New on the scene

 

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(Wedding Video) PRINCESS KATE & PRINCE WILLIAM OFFICIALLY MARRIED TODAY

It’s official, Prince William now has a Princess.  Kate said yes, and the deal is now sealed. Millions if not billions watched the royal wedding and cheered as they witnessed the historic event. But before the real wedding video was released, T-Mobile created their own version of the event.  While the Brits are known for their great sense of humor, the above video shows just how far they will take their fun. 

Currently over 14 million Youtube visitors have watched the royal wedding spoof, and it is now a viral sensation. The video is funny to watch, but we know this would have taken it too far for the Queen, had it truly been done on their special day.

Congrats to the royal couple! 

No worries, if you want to see the official wedding footage, it is sure to be on every channel ALL weekend!

Searching for that perfect home in Chicago, begin looking at incredible homes here.  Read more about the housing market here.

 

AMAZING VIDEO POLICE CAUGHT ON TAPE: https://brittaj17.wordpress.com/2011/04/30/video-atlanta-police-diner-scuffle-with-woman-goes-viral/

 
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Posted by on April 29, 2011 in HEADLINE NEWS

 

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