42 Hundred on the Lake, a new 236-unit luxury apartment building overlooking Lake Michigan in St. Francis, Wis., just south of Milwaukee, is the fastest-leasing property in M&R Development's history. The community, which is managed by RMK Management Corp., opened in April and is already more than 80% leased.
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After a summer of heated bidding wars in the for-sale market, it didn’t take long until we heard from a number of Taylor Johnson clients that competition was just as fierce for apartments and single-family rentals. Armed with stats and sources, we took the story national by pitching it to The Business Journals, which ran a story on the hot rental sector in all 44 of its city news outlets. In the article, the reporter quoted experts from TJ clients Baird & Warner, Downtown Apartment Co., Fifield Cos. and RMK Management Corp., who covered everything from how Chicago studios in Class A buildings are renting for nearly $1,000 more per month than a year ago to how single-family rentals are seeing interest from up to 20 families per listing. And it’s not just Chicago’s rental market that’s on fire. Fifield said apartment owners in Miami, Phoenix and Dallas are experiencing swift leasing activity, and RMK said leasing at 42 Hundred on the Lake near Milwaukee is three months ahead of projections.
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Our business continues to grow and we’re looking for a senior account manager to join our distinguished team of communications professionals.
Senior Account Manager: If you're a media relations professional, strategic communicator and seasoned writer seeking a new opportunity, click here to learn about the role – or please share it with someone who you think would thrive at TJ.
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Mansion Global
The Wall Street Journal
Fast Company
The Washington Post
Inman
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Chicago Magazine
Crain's Chicago Business
Crain's Chicago Business
Bisnow
The New York Times
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Chicago Inno
The Wall Street Journal
The Wall Street Journal
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Block Club Chicago
Apartment Therapy
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Taylor Johnson
KTGY Architecture + Planning
KTGY Architecture + Planning
KTGY Architecture + Planning
KTGY Architecture + Planning
Belgravia Group
Pangea Real Estate
Kinzie Builders
Kinzie Builders
Kinzie Builders
BKV Group
Pangea Real Estate
Community Investment Corporation
Community Investment Corporation
Community Investment Corporation
Community Investment Corporation
Community Investment Corporation
Mary Cook Associates
Mary Cook Associates
NAI Hiffman
NAI Hiffman
NAI Hiffman
NAI Hiffman
NAI Hiffman
Bristol Design Group
BKV Group
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Events
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Monday, October 11, 2021 - Thursday, October 14, 2021
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Wednesday, January 19 - Friday, January 21, 2021
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Tuesday, February 8, 2022 - Thursday, February 10, 2022
Thursday, March 31, 2022 - Friday, April 1, 2022
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Friday, April 29, 2022
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TJ TALK is a daily digest of the top real estate, marketing and media news and events compiled by the team at Taylor Johnson.
*An asterisk denotes a story that may require a subscription to the online publication to view full-story content.
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For more information about our public relations, social media, content development and event planning services, please visit us at taylorjohnson.com or contact Emily Johnson directly at 312-267-4522. And, be sure to check out our Facebook, Twitter, Instagram and LinkedIn pages, as well as our blog and videos.
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