
RMK Tapped to Manage Rental Townhomes, Single-Family Rentals in Gilberts
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for Conservancy at Gilberts, a new-construction development that will offer 94 rental townhomes and 90 rental single-family homes in northwest-suburban Gilberts, IL.
Construction is complete for the community’s first phase, comprising 54 townhomes, which began leasing in January. To date, many of the townhomes in this initial phase have been leased, and the community has welcomed its first move-ins with nine townhomes occupied. Construction is underway on the remaining 40 townhomes.
In addition, pre-leasing has begun for the first phase of 46 single-family rental homes, which is expected to welcome move-ins this June.
“Based on the response we’ve seen to the townhomes and single-family homes at Conservancy at Gilberts, there’s no denying the high demand for new-construction, quality rental housing from families and others seeking more space and bedrooms than what’s available in existing area rentals,” said Anthony Rossi Sr., chairman of Chicago-based RMK Management.
- ◦Development