The retail property market was hit especially hard by the pandemic. While vaccines have enabled the U.S. market to turn the corner on COVID, supply chain disruptions and worker shortages continue to hamper the retail sector. As landlords await the return of long-term tenants, some are entering into short-term leases rather than letting the space […]
Fill vacant retail space with pop-up tenants Read Full Article »
With mortgage interest rates rising and rental properties commanding higher rents, some property owners are tempted to become landlords. Money earned from rental properties can offset mortgage costs or provide extra income during these inflationary times. Before diving into the rental market, consider these unexpected and often overlooked rental property maintenance expenses to help plan […]
Rental Property Maintenance Costs You May Not Know About Read Full Article »
The commercial construction market is healthy. Despite inflation, supply chain issues and labor shortages, strong fundamentals in the industrial, office and retail markets are poised to keep the commercial market recovery progressing at a modest pace during the next two years, according to the National Association of REALTORS®. Commercial construction differs from residential construction in […]
Commercial Property Construction 2022: Five Core Phases for Success Read Full Article »
John R. Gagliardo, executive vice president of development and construction for GNP Realty Partners, has been appointed by Chicago Mayor Lori Lightfoot as a commissioner for the Michigan Avenue Special Service Area. Special Service Areas (SSAs), commonly known as Business Improvement Districts in other cities, are local tax districts that fund expanded services and programs, […]
GNP Realty Partners used hula hoops to launch their company and then grew it with vision, skilled execution, and a commitment to applying family values to their business operations.
When you’re an owner or landlord, selling a tenant-occupied home can be a real hassle.
5 Steps to Selling a Rental Property with Tenants in Place Read Full Article »
GNP Realty Partners and the National Association of Realtors® (NAR) collaborated to add Chicago to the list of global cities hosting the sculpture “Wings of Mexico” to pay tribute to Chicago as a diverse and welcoming city. The artwork is by internationally renowned Mexican artist Jorge Marín. In partnership with the Consulate General of Mexico in Chicago and Visit Mexico, […]
An Instagram-able Moment Comes to the Magnificent Mile Read Full Article »
Being a successful landlord requires the ability to understand rental lease agreements and when to update them.
10 Signs You Need to Update Your Lease on a Rental Property Read Full Article »
Time and reliability are critical factors in the real estate industry. Efficient pre-planning and management ensures a project being completed on time and on budget. At GNP Realty Partners, our real estate project management services provide valuable oversight that minimizes delays, manages costs and optimizes property performance so that investors and stakeholders can be reasonably […]
When you're a landlord, rental properties typically require a lot of maintenance to keep them in tip-top shape. Because landlord maintenance responsibilities are specified by landlord-tenant law, knowing who is responsible for what and when in advance will eliminate the guesswork.
