OTR News & Updates
February 2022
Kindness Tag Art
Behind the Scenes: Real Estate
Mustacchi Manor
Construction is complete for Mustacchi Manor in Matteson, IL. We came in on budget, and are quickly renting up this building. We look forward to hosting a grand opening event this spring when the weather improves.
Kirwan Apartments
Kirwan Apartments (Waukegan) closed on financing and broke ground for construction on February 15th, 2022. Our completion target is set for January of 2023.
Hill Arboretum Apartments
Following notification of funding, initial meetings have been held with the Illinois Housing Development Authority for the Hill Arboretum rehabilitation. We plan to close on financing and begin construction in late August. Hill Arboretum will feature a generous new community area conversion at the front of the building, and it is set to be complete mid 2023.
LakeView Landing
Following approval of funding, LakeView Landing's (835 West Addison, Chicago) initial kickoff strategy meeting with the Illinois Housing Development Authority was this week. We set a target for closing on financing by year end and a completion date of 2024.
Event Spotlight
Save the Date for the OTR Challenge Tour
Sunday, September 18, 2022
In Loving Memory of Sonny Nardulli
On January 20, 2022 at the age of 78, Sonny Nardulli passed away in the comfort of his home with his loving family at his side. Sonny was a long-time beloved board member of Over the Rainbow Association. He was always engaged, and he had tremendous energy and generosity. OTR’s President, Eric Huffman, described Sonny as one of the most likable guys he’s ever known. He had a larger-than-life presence in his work, family, and at OTR, and will be greatly missed.
Click below to view OTR's Celebration 2021 video