By Carlo Calma
Chicago-based Catapult Real Estate Solutions has announced the creation of their new real estate brokerage Catapult Realty, and that Realtor Terrie Whittaker will be its director.
The announcement came from Paul Dincin, principal of Catapult Real Estate Solutions. Dincin explained that Whittaker’s new role entails the sales and marketing of distressed real estate properties, including the selling, leasing and repositioning during receivership.
Terrie Whittaker – Chicago Real Estate Veteran
An industry veteran, Whittaker has extensive experience in new construction, conversions and commercial development throughout the Chicagoland area. Prior to joining the Catapult family, she served as president of sales and marketing for New West Realty Group where she led a team of more than 30 associates, and oversaw all facets of selling 20 developments. Throughout her career, she has marketed and sold more than 3,000 residential units.
Considering Whittaker’s success in the industry, Dincin said, “[Whittaker’s] expertise with challenging and distressed real estate will ensure that Catapult’s clients will get the highest caliber brokerage services.”
In regards to the creation of a real estate division, Dincin explained that it only made sense for Catapult to create Catapult Realty considering their brand’s overall goal.
“It is Catapult’s mission to help banks and financial institutions deal with distressed multifamily properties, fractured condominium developments and commercial real estate assets,” said Dincin.
Brian Columbus, partner in Catapult Real Estate Solutions, shared the same sentiment.
“We can now offer the benefit of our combined experience to market, manage, sell or lease distressed real estate, allowing us to offer an integrated receivership, asset management and brokerage sales platform to our clients,” he said.
Wolf Ridge Condominiums
Whittaker’s newest assignment in her new role for Catapult includes Wolf Ridge Condominiums in Northlake, a 60-unit residential development where Catapult is handling the sale of its remaining units. Though she may have a lot to take care of for the project, and her overall position at Catapult, Whittaker is excited for the opportunity.
“We have made great progress managing and repositioning the projects for success,” she said. “I am looking forward to capitalizing on that by tackling the marketing and sales.”