Chicago winters get a bad rap. Yes, it is cold and often snowy, but it’s also a magical time in the city—especially in December when the summer crowds are gone, and the city puts its best holiday foot forward. Most GNP Realty employees grew up in Chicago or neighboring suburbs, so we don’t let the […]
Winter in Chicago: Our Favorite Things Read Full Article »
Recently a tenant in a residential building we manage approached the property manager to ask for a recommendation on a REALTOR® to list their unit for sale. Our property manager informed him that GNP Realty has a brokerage arm and was well-positioned to list and sell the unit. GNP’s philosophy of being a single source
Benefits of Using Your REALTOR® for Property Management and Sales Read Full Article »
The holiday season in Chicago officially kicks off each year with the spectacular Magnificent Mile Lights Festival. The centerpiece of the festival is the largest nighttime parade in the U.S., during which 1 million lights on 200+ trees illuminate as the parade (led by Mickey and Minnie Mouse) proceeds down North Michigan Ave. (“The Magnificent Mile”)
Benefits and protections for managed buildings during large public events Read Full Article »
When planning new real estate construction, it’s helpful to understand common construction material types. Beyond the cost of materials and the associated long-term maintenance, there are implications for insurance underwriting in the event of a fire.
Commercial Property Construction: 6 Types You Need to Know About Read Full Article »
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 »
