Instead, we focus on the conservative, long-term benefits of investing and operating real estate based upon its fundamentals. Our ongoing success with this approach proves that this is the right way to do real estate investing.
Chicago, IL (Vocus) July 26, 2010
In a year of uncertainty in the multi-family and other aspects of the residential real estate market, Michigan Avenue Real Estate Group is realizing impressive returns by staying the course with a fundamentalist approach.
A year into the diversified real estate investment firm’s Opportunity #1 Fund, the fund is exceeding expectations and investor interest is growing. The company reports it is enjoying the results of several timely investments which, in turn, are attracting additional investments.
“While we fully understand the real estate capital markets, we are much more than financial engineers,” said Tom Meador, Michigan Avenue’s President and CEO. “Instead, we focus on the conservative, long-term benefits of investing and operating real estate based upon its fundamentals. Our ongoing success with this approach proves that this is the right way to do real estate investing.”
“We know from our decades of real estate investing experience that big isn’t necessarily the best,” added Robert Judelson, Chairman of Michigan Avenue. “We don’t try to buy the biggest property in a community; we look at the best market. Our deals tend to be smaller, with more of them.”
The Michigan Avenue team, led by Judelson and Meador, has decades of real estate experience from the acquisition stage through the ownership and sales phases. Their expertise includes apartments, as well as land, residential and commercial development, management and consulting.
The company, which has operated various operating entities under different business names, recently consolidated them under the company’s newly named umbrella company, Michigan Avenue Real Estate Group. Its programs include Real Estate Investing, Bank Stabilization (through consulting and portfolio strategies), Advisory Services, Sales and Disposition Services and Land Investment.
About Michigan Avenue Real Estate Group
Michigan Avenue Real Estate Group (Michigan Avenue) is a diversified real estate investment firm specializing in all areas of real estate investing and acquisitions. The company is headquartered in Northbrook, Illinois with satellite offices in Chicago, Illinois and San Antonio. For more information on Michigan Avenue and its programs, please visit http://www.michavegroup.com or contact Bob Judelson at 312.342.1500 or Tom Meador at 847.498.6400.
Leslie Komet Ausburn
Komet Marketing Communications