Coldwell Banker Named Exclusive Broker for The Ritz-Carlton Residences

by Natalie Terchek


Coldwell Banker will be the exclusive brokerage for The Ritz Carlton Residences, Chicago.

Prism Development announced that Coldwell Banker Residential Brokerage is the exclusive brokerage representing The Ritz-Carlton Residences in Chicago. Coldwell Banker Previews International, the luxury division of Coldwell Banker, will market the remaining available condominium units at the iconic high rise.

“We are delighted to welcome Coldwell Banker to our team,” Bruce Schultz, managing principal of Prism Development, said. “Its local, national and international identity, reputation and proven market penetration are powerful and timely additions as we enter into the final phase of the marketing cycle.”

Schultz also mentioned it is important to their clients and the brokerage community that sales will continue to be managed by their team, which includes Jane Shawkey as sales manager, Rachel Bailey as sales executive and Lori Smuckler as contact administrator.

Coldwell Banker is proud to add The Ritz-Carlton Residences to its portfolio

“We are extremely proud to add this prestigious property to the Previews International portfolio,” Fran Broude, president of Coldwell Banker, said. “Coldwell Banker’s presence both nationally and internationally provides us with the opportunity to introduce buyers from across the world to The Ritz-Carlton Residences, the world’s most reputable luxury hospitality brand.”

The Ritz-Carlton Residences, a 40-story building located 118 East Erie St., has one- to three-bedroom condos with different floor plans, private terraces and balconies, oversized windows and hardwood floors, that range from $1.4 million to $5.2 million. There are also two full-floor penthouse layouts available, ranging from $13 to $14 million. Residents will also have access to amenities, such as exclusive ownership of the Landmark Club (A full-floor private city club), a fitness facility and spa services and laundry/dry cleaning services.

“Our sophisticated marketing techniques and the expertise of our Previews Property Specialists create results that no other firm is capable of offering,” Craig Hogan, Director of Coldwell Banker Previews International in Chicago, said. “This new partnership with Prism Development for the Ritz-Carlton Residences, Chicago is a testament of Previews’ success.”

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