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Marquette Companies CEO Ryan named to Midwest Commercial Real Estate Hall of Fame

Naperville, IL –Midwest Real Estate News Magazine has named Nick Ryan, CEO of Naperville, IL-based Marquette Companies, as a member of the 2018 class of the Midwest Commercial Real Estate Hall of Fame, joining a select group of real estate professionals who have made a true difference in their industry and communities. The magazine cited Ryan’s 40-year career in commercial real estate, including $3 Billion of transaction, primarily in the multi-family sector, but also including mixed-use developments, master-planned communities, office, industrial, hotel, retail, student and senior housing.

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The magazine profile noted the greatest reason for Ryan’s success in business is his ability to form relationships with high-quality people, and the company’s win-win philosophy. Says Ryan “Things don’t always go exactly as planned. However if you and your team keep persevering, with a win -win attitude, things seem to work out. My college roommate had a great saying. “Things always work out in the end and if it’s not worked out….it is not the end!”
Ryan points to Marquette’s preparation for every deal. “We do our homework, form the right partnerships for given situations so that the necessary resources are available to get to the finish line in a powerful way. We believe in sharing success. One of the principles in hydraulic engineering is that there always has to be a secondary out, so the water can escape before flooding occurs. We believe in that same concept when structuring our real estate transactions.”

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A Civil Engineer by profession, Ryan brings engineering and analytical skills to new acquisitions and developments. He played a valuable role in solidifying a deal with the Ford Motor Land Development Corporation, which named Marquette as the designated developer for Henry Ford’s former estate in Dearborn, Michigan. This is now the site of Marquette’s 288-unit Fairlane Woods Estates apartment community….

Click Here to Read More on the Naperville Sun

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Marquette Completes more than $570 Million in 2018

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The Mason, a 263-unit luxury apartment tower at Lake and Ada, in the Fulton Market District of Chicago.

Illinois real estate firm rounds out the year with high-profile projects in Chicagoland and Texas.

2018 proved to be a busy and prosperous year for the Marquette Companies, a Naperville, Ill. based real estate owner and operator. Celebrating 35 years in business, Marquette completed over $570 million in transactions in 2018, including new development, refinancing and acquisitions.

In joint-venture endeavors with high-profile institutional funds, Marquette acquired the 579-unit Willow Crossing Apartments in Elk Grove Village, Ill, the 112-unit luxury Valley Lo Towers in Glenview, Ill., the 558-unit Westmont Village Apartments in Westmont, Ill., as well as the 359-unit, 28-story luxury Catalyst Apartment Tower in Houston, Texas.

The real estate firm currently has $164 million in active multi-family development, with three major projects coming to fruition in 2019. Marq on Main, a 202-unit mid-rise mixed-use development in Lisle, Ill. is scheduled for completion in spring, 2019. HighPoint Town Square, a 72-unit development in Romeoville, Ill. is scheduled to deliver first units in spring, 2019, adding to the existing 552-unit Highpoint Community. The Mason, a 263-unit, 14-story building in Chicago’s Fulton Market neighborhood is scheduled to deliver first units in summer, 2019.

In 2018, Marquette successfully refinanced the 264-unit Club of the Isle in Galveston, Texas, 304-unit Farmington Lakes in Oswego, Ill., 220-unit Algonquin Square in Algonquin, Ill., and Water Street, a mixed-use development in downtown Naperville, Ill. with a 158-unit Hotel Indigo, 40,000 square feet of retail and restaurant space, and 15,000 feet of office space.

The property management division wrapped up a strong year as well, unveiling the newly renovated 288-unit Fairlane Woods in Dearborn, Mich., delivering first units at three brand new, lease-up communities, and finishing out the year with three third-party management assignments.

The apartment market continues to gain momentum in major markets, and Marquette’s 2019 strategy anticipates a similar volume of activity, planning to add 2,000 units in acquisitions and at least 1,100 units in third-party management, plus three new developments in the West Loop of Chicago and downtown Houston.

Marquette remains cautiously optimistic about the state of the industry and continues to seek out and identify advantageous opportunities.
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Are you really meeting your resident’s needs?

At Marquette, we thrive on doing things differently.

Our signature Community Life program focuses on crafting relationships between neighbors and building opportunities for residents to engage with the greater community.

We understand the importance of creating meaningful relationships. And we see how it impacts our residents and where they choose to live.

Marquette’s Co-Founder and Chief Executive Officer Nick Ryan shares the correlation between community engagement and resident retention, and the financial impact of building a true community.
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Maximize your investment with resident retention

Choose Marquette Management for your next management assignment!

We make it our mission to fulfill the needs of our residents that grows our investors ROI.
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Marquette Companies acquires River Run at Naperville Apartment Homes, Extensive Renovations Perfect for Singles, Families and Empty-Nesters

Marquette Companies of Naperville recently joined the Naperville Area Chamber of Commerce in celebrating the Grand-Reopening of River Run at Naperville, spacious modern apartment homes in South Naperville.  The property, which offers a variety of apartment and townhome-style homes with private entrances, 9-12 foot ceilings and a host of amenities, was acquired by Naperville’s Marquette Properties in Fall 2016 and has undergone $3million worth of interior and exterior renovations.

According to Marquette CEO Nick Ryan, River Run, in the popular south side of Naperville, fits Marquette’s model of acquiring well-built, underperforming properties and revitalizing them with extensive renovation, superior management and a full suite of community programs.  “River Run was about a 12-year old property that was undermanaged and needed extensive updating,” Ryan says. “Our goal is always to identify properties that we can enhance to create extraordinary benefit both to our investors and our residents. River Run fits that to a T.”

The property includes the largest floor plans in the area, including spacious 1-,2-, and 3-bedroom homes, first and second floor ranches and two story town-home styles, all with private entrances and ranging from 750 square feet to over 1500 square feet.

Homes feature wood plank flooring, quartz countertops, glass mosaic backsplash, kitchen island/breakfast bars, stainless appliances, walk-in closets and private patios or balconies.  Many units have private garages and all feature in-home full-size washers and dryers.  Landscaped courtyards, a playground and park benches add to appeal.

An inviting clubhouse offers an expansive great room with fireplace, kitchen and coffee bar with hospitality, 24-hour fitness facility, on-demand fitness and yoga studio, game room, conference/meeting room and business center with wi-fi.  A crystal clear pool, pavilion and oversized sundeck are just outside, as is an outdoor grilling patio.

River Run has onsite management and maintenance, complimentary package service and Marquettes’ nationally-recognized WE C.A.T.E.R.  concierge-style services customized to the River Run community. A number of social events and activities are offered, and a community blog recommends places to visit, shop and dine throughout the area.

“With the recent increased interest in rental community living, Marquette is dedicated to providing the property and lifestyle amenities that will appeal to singles, families and empty-nesters alike,” says Ryan.   “Rental living has taken a quality step up in the suburbs, and we at Marquette are pleased to be among the leaders in defining that opportunity.”

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CityView at the Highlands Renovates to Appeal to Engaged Active Inter-Generational Renters

Marquette Companies recently celebrated the Grand Re-opening of CityView at the Highlands in Lombard. The residential community, located near I-88 and I-355 across from Yorktown Shopping Center, has undergone a transformation inside and out, and offers 1,2 and 3-bedroom pet-friendly apartment homes with a host of amenities.

“In planning with renowned Designers Stanton Interiors of Chicago, we really listened to our residents and prospective residents,” says Marquette Senior Vice President Darlene Egan. “CityView is designed to be an inter-generational community. Our residents tend to be active, engaged and social, and they desire freedom and lifestyle services. Our public spaces provide meeting, eating and reading-study space, as well as plenty of room to entertain, gather and enjoy the outdoors. We’re using technology to add convenience, something appreciated by Millenials and Boomers alike.”

A spacious open layout, warm earth tones and natural elements set a relaxing tone to the Resident Lounge with a community kitchen, coffee bar and fireplace. Quiet rooms and a tech/business center offer places for students, entrepreneurs and remote workers to be productive, and are complemented by a spacious conference room. Space can be reserved via an online application and video reservation monitors.

Marquette Companies executives are joined by the management team at CityView at the Highlands and members of the Lombard Area Chamber of Commerce to celebrate the Grand Re-opening of the rental apartment community.

The 24-Hour Health and Fitness Center offers two rooms of new state-of-the art equipment and an on-demand video personal training series and oversized video monitor. 24/7 package pick up and dry cleaning service are also available. Outdoors, residents can enjoy a courtyard with pergola, fire pit seating area, grilling area, Bocce Ball and Bags, as well as a separate heated pool and sundeck.

A variety of newly renovated apartment layouts feature quartz counter-tops, crisp white or driftwood gray cabinetry, marble mosaic backsplashes, stainless appliances and wood plank flooring. Residents also enjoy 9-foot ceilings and large picture windows, garden tubs in select units, full-size washers and dryers, linen closets and patios or balconies.

“The most exciting part for me is the huge transformation of the apartments, the interior amenities and the exterior including fresh new color of paint on the buildings and the new signage”, says Egan. “Our team did such a great job collaborating to create a homey, warm and inviting feel throughout with plenty of lifestyle amenities that our residents needs and love; from their personal spaces to their social spaces. “

Baby Boomers and Millenials are the two largest upscale renters in today’s new market place . Marquette Companies specializes in Inter-generational communities, where residents of all ages can find an extraordinary in-style lifestyle. Marquette’s Community Life Program offers residents a variety of events and activities that create a true sense of community. A community blog suggests dining, event and social options in the area. CityView at the Highlands offers the convenience of a controlled- access intercom system and a multi-level parking garage. For additional information visit www.cityviewhighlands.com.