Related Midwest’s exclusive sales deal for One Bennett Park
Related Midwest announced last week that the Chicago office of Jameson Sotheby’s International Realty will serve as the exclusive brokerage firm for its One Bennett Park development. The 70-story “ultra-luxury” residential tower contains 69 condominiums priced from $1.9 million and 279 apartment homes starting at $3,195 per month.
Frank Monterisi, chief operating officer of Related Midwest, explained the firm’s thinking in a press release announcing the move. “As the top luxury brokerage in Chicago, Jameson Sotheby’s offers sophisticated knowledge of the local condominium market while understanding the lifestyle needs of discerning buyers worldwide,” he said. “We have created a powerful team to showcase One Bennett Park as Chicago’s premier downtown address.”
The dedicated brokerage team for this development includes three brokers who have been named top producers by the Chicago Association of Realtors: Tim Salm, Matt Leutheuser and Gwen Farinella, who recently moved from Related Midwest to Sotheby’s.
Proper Title brings Katy Thomas over from Attorneys’ Title Guaranty Fund
Last week, title insurance firm Proper Title, LLC revealed that Katy Thomas would be joining the firm as director of business development in Chicago. Before coming to Proper Title, Thomas was the Chicago-area sales manager for Attorneys’ Title Guaranty Fund.
According to the company’s press release about the hire, bringing on the 30-year veteran of the title insurance and real estate industries is part of a larger strategy. “Bringing Katy onto our team is just the latest in a string of strategic hires and new office openings over the past six months to meet demand as Proper Title completed nearly 25 percent more residential closings in 2019 than the year prior,” said Kim O’Donnell, vice president of business development at Proper Title.
NAR boss lands chamber post
National Association of Realtors CEO Bob Goldberg has been named a member of the Chamber of Commerce Committee of 100, according to a NAR press release.
Goldberg joins a panel of chief executives from across the nation who represent business and trade associations.
“I’m tremendously grateful to be welcomed into this collection of professionals assembled by the Chamber of Commerce,” Goldberg said in the press release. “The partnerships forged through this committee will benefit NAR, our 1.4 million members and our industry as a whole, providing an important platform to highlight the most pressing issues within America’s housing and commercial markets.”
As a member of the C100, Goldberg will be privy to two annual chamber meetings and various issue briefings with the organization’s lobbyists and regulatory experts.
The C100 was established in 1958 and is considered “one of the most distinguished appointments in the association community,” according to Sara Armstrong, vice president and managing director of political affairs and federation relations at the Chamber.
“These new members reflect our continued dedication to naming diverse, high-profile leaders to serve on this prestigious committee,” she said.