GNP Realty Partners, a renowned real estate service provider in Chicago, has recently been distinguished with an A+ rating from the Better Business Bureau (BBB). This achievement is a testament to GNP Realty’s commitment to excellence and adherence to ethical business practices in the real estate industry. GNP Realty offers a broad spectrum of services, […]
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GNP proposed and facilitated commissioned mural below the Mag Mile Managing a branded building on Chicago’s Magnificent Mile requires special attention to public-facing areas—including below the Michigan Ave. street level. So, when the Magnificent Mile Association approached GNP Realty to participate in “Undercurrent,” a mural installation partially funded through the City of Chicago’s Central City
According to the Project Management Institute, poor communication is the #1 reason for project failure. This is especially true in commercial construction projects due to the multiple stakeholders—the developer, architect, contractor, subcontractors, consultants, suppliers and investors. Further, key decision-makers may be off-site, away from the realities of the project work. Poor communication easily creates a snowball
Americans spent $420 billion on home remodeling in 2020. The pandemic changed how we use our homes—perhaps permanently—and kicked off a remodeling boom the is ongoing.
Finding the right property manager can take time, but is well worth the effort. Get our list of five warning signs that it may be time to cut ties with your existing property manager and seek a new partnership!
Hiring the right construction management firm is often as important as the construction company completing the project. From years of experience to managed budgets and a host of other considerations, its important to conduct your due diligence when researching potential firms to assist with your construction management project. Of course, if you've already got a great working relationship with your current property manager or real estate company, they might be able to provide you with the needed construction management services you require – just ask!
Summer is officially here, and because Chicago summers can be on the short side, locals make the most of the time we have. To compliment our “Winter in Chicago” favorite things post (make a note for next year), the GNP team is pleased to offer up our favorite ways to enjoy summer in the city.
Selecting the right HOA property manager for your community takes time and effort. Not only do you need to know what services you are buying into with prospective firms but you also need to understand their cost/fee structure so that there are zero surprises for your HOA. Before you hire a new HOA property manager for your Chicago condo community make sure you’ve asked detailed questions and feel comfortable – to ensure success, both the condo board and the HOA property manager need to develop a solid working relationship.
Recent world events haven't exactly been kind to either tenants or landlords. The worldwide lockdowns resulting from the COVID-19 pandemic have led to radical shifts in commercial real estate. Millionacres reported that high-end commercial districts in New York have seen precipitous drops in cash flow, while Daily Business Review stated that some commercial property types in South Florida have watched their transaction values halve on a year-over-year basis.
One of the best ways to keep a tenant happy and ready to renew their lease is to manage tenant maintenance requests quickly and efficiently.