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Nov 9, 2023 · Dorfman notes, “The first thing we do is take the $1,500 deposit they would have otherwise put in a landlord’s account and instead invest that into the Reap.”. On day one, renters become a partner and an owner. 3. The company then offers a program that lets tenants “Live in it like you own it.”. Dorfman states, “As long as renters ...
Another benefit of smaller, multi-tenant buildings: There are only so many ways you can slice a 2,500 square-foot space. The tenants that occupy these footprints typically do so under shorter-term leases with fewer improvement dollars. Together, these factors have allowed smaller offices to endure in an otherwise tough office environment.
2 days ago · Commonwealth Development Partners wants to gut the interior of 500 N. Michigan Ave., a 24-story building, and replace its office space with up to 324 apartments, including 64 affordable units.
1 day ago · The building’s conversion could be done in phases depending on tenants’ wishes to remain, said Matt Faris, co-founder of Commonwealth Development. Faris said his company is “definitely ...
Sep 8, 2023 · Six Ways To Improve Landlord-Tenant Relationships. By taking specific steps, I believe landlords and tenants can foster a positive and fruitful relationship, ensuring a successful rental ...
5 days ago · However, it now faces $25 million in unresolved late fees, the Chicago Sun Times reported. The company also owes $1 million in property taxes for the building, a situation Goodman attributes to ...
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May 29, 2024 · By taking care of their homes and staying current on rent, residents can build their wealth by up to $3,600 in two years and up to $10,000 in five years through rewards and investing in the Roots Fund. Since July 2021, we have bought, renovated, and filled homes for nearly 250 residents who are building wealth while they rent.
