JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has acquired Uptown La Grange, a 254-unit luxury apartment community in La Grange, Ill., a vibrant suburb located 17 miles west of downtown Chicago. JVM Management Inc. will manage the property, which was built in 2017.

Uptown La Grange marks the second suburban Chicago apartment community JVM has acquired in the last two weeks. In late September, the company completed its purchase of Randall Highlands in North Aurora, Ill. The Midwest-focused company now owns and operates five multifamily properties in the area. 

"We are always excited about the opportunity to make strategic additions to our portfolio, and Uptown La Grange is an apartment community that has a tremendous amount going for it in terms of its location, its walkability and its onsite features," said Jay Madary, president and CEO of JVM. "Being a transportation-oriented development (TOD), it provides residents with extremely easy access to one of the most exciting and culturally stimulating cities in the world while still giving them a chance to live in luxury away from the hustle and bustle of the big city. All of the pieces are there for Uptown La Grange to be the premier apartment community in its submarket. I'm confident that our experience in this market and our marketing and operational expertise will make that happen."

Uptown La Grange has a walk score of 90, which is considered a "walker’s paradise" and is a particularly high score for a suburban community. The community sits next to a 17-acre public park and is just a block away from the LaGrange Road Metra train station, where residents can take a 20-minute express train to downtown Chicago. It is close to several highways – including I-290, I-55 and I-294 – and is within a 25-minute drive of both major Chicago airports. 

Uptown La Grange also is surrounded by a robust restaurant and retail scene. Additionally, residents are just steps away from a Trader Joe's grocery store and a Walgreen's pharmacy, and they can easily walk to a nearby Jewel-Osco grocery store.  

Community amenities at Uptown La Grange include a rooftop terrace offering views of downtown Chicago; a heated pool and a sundeck with grills and a bocce ball court; a fitness center with Wellbeats virtual fitness classes, a yoga studio and Peloton bikes; and a club room with a demonstration kitchen and a coffee bar. Other common-area features include package delivery storage lockers, valet trash, a conference center/library and a gaming lounge.

Uptown La Grange offers one-, two- and three-bedroom homes as well as studios. The units feature 9-foot ceilings, Whirlpool stainless-steel appliances, quartz countertops, smart-home technology, plank flooring in all living areas, large walk-in closets and full-size washers and dryers. The homes also have private patios and balconies. Select homes have 10-foot ceilings. 

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has acquired Randall Highlands, a 146-unit luxury rental townhome community in North Aurora, Ill., one of the western suburbs of Chicago. JVM Management, Inc. will manage the community.

Built in 2013, Randall Highlands is part of JVM's growing suburban Chicago portfolio. The company owns and operates three other apartment communities in the Chicago metropolitan area and is set to close on its acquisition of a fifth property in the market later this year. At Randall Highlands, JVM will make some light enhancements to the property to differentiate the community from its competitors. 

"This property is an exciting addition to our portfolio," said Jay Madary, president and CEO of JVM. "It has many outstanding attributes, and we are big believers in the stability of the suburban Chicagoland apartment market. Additionally, our experience and expertise in the Chicago area will position us to optimize property performance and revenue. We are convinced that all of the factors are in place for this community to thrive and to deliver strong returns to our investors."

Randall Highlands is in the heart of a suburb that has experienced a significant uptick in retail and commercial development in recent years. Located just 1.5 miles from I-88, it offers easy access to downtown Chicago and north-south highways such as I-355 and I-294. It is a less-than-15-minute drive from the nearest train station, allowing residents who want to use public transportation for their commute to easily do so. 

North Aurora is located in the Illinois Technology and Research Corridor, which serves as the second largest employment base in the metro area outside of downtown Chicago. Major employers near Randall Highlands include FermiLab, Caterpillar and Rush-Copley Medical Center. Residents also have several nearby grocery and retail options, including Target, ALDI and Walgreens. Furthermore, Chicago Premium Outlet Mall – which includes over 170 stores such as Nike, Coach, Tommy Hilfiger and Kate Spade – is only a short drive away. 

Community amenities at Randall Highlands include a zero-depth entry pool with surrounding sun deck, a clubhouse with catering kitchen and coffee bar, a business center with a conference room, a playground and a 24-hour fitness center.

Randall Highlands offers two- and three-bedroom townhomes. The units feature 9-foot ceilings, stainless steel appliances, granite countertops, plank flooring, walk-in closets and full-size washers and dryers. The homes also include attached garages, private patios and balconies.

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has completed renovations to the clubhouse at The Landing at Briarcliff Apartments (The Landing) in Kansas City, Mo. A grand re-opening of the building was held on Tuesday, April 2.  

The completely renovated clubhouse features a new co-working lounge and rent-by-the-day offices with complimentary Wi-Fi, coffee and tea. The building also contains an all-new game lounge with video games, shuffleboard and a pool table. The 3,500-square-foot fitness center building features new state-of-the-art cardio and weight-training equipment with a sauna. 

"The Landing was already an outstanding property, and the renovated clubhouse will only enhance the community's considerable appeal," said Jay Madary, president and CEO of JVM. "We are bullish on both the short- and long-term futures of the Kansas City apartment market, and we firmly believe these improvements, combined with our marketing and revenue management expertise, will position The Landing to be a top performer in the region and to deliver strong returns."

Featuring 340 luxury apartment homes, The Landing is in the prestigious Briarcliff master-planned development. The community combines a natural setting with an urban environment, and is located within a quick commute of downtown Kansas City. The Landing offers convenient proximity to major employers and easy access to I-29, I-635 and I-35. Kansas City International Airport is only a 15-minute drive away. 

Numerous retailers are located nearby in Barry Woods Crossing, the Zona Rosa shopping center, Tiffany Springs Market Center and The Village at Briarcliff. The Landing also is just minutes away from the Line Creek Trail, a favorite destination for local walkers, joggers and cyclists. Furthermore, a number of popular restaurants – offering Italian, New American, Pan-Asian, barbecue as well as vegetarian and vegan fare – are easily accessible from the property.

Community amenities at the controlled-access property include a new 24-hour electronic package acceptance center; a nearly Olympic-sized swimming pool with sundeck, zero-depth entry and an infinity edge; a poolside grilling area; a new off-leash pet park and pet-washing station; and a tanning bed. Detached garages and carports are available for residents as well.

The Landing features one- and two-bedroom apartment homes. The homes include condo-quality features, wood-style flooring in the kitchen and living spaces, ceramic tile in the bathrooms and plush carpeting in the bedrooms. Oversized windows flood the open-concept homes with abundant natural light during the day. Undermount sinks, granite countertops, stainless appliances, designer backsplashes, custom wood cabinetry, kitchen islands or breakfast bars, and full-sized washers and dryers are among the other features found in the apartment homes. Select apartments feature a dry or wet bar, wine chiller, soaking tubs, granite vanities, a den and en-suite bathrooms.

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced that all 19 of its apartment communities have received individual 2018 SatisFacts Resident Satisfaction Awards. Additionally, JVM was honored in the award program's Company category as well.  

The communities earned the awards by achieving average scores of at least 4.0 on their Insite resident satisfaction surveys last year. The Insite surveys are conducted after certain events or touch points in the lifecycle of a prospect and/or resident. 

"We are extremely excited and profoundly honored by these awards," said Jay Madary, president and CEO of JVM. "They serve as a real testament to the high-quality onsite associates that we hire and develop here at JVM, and to our company-wide commitment to providing residents with an incomparable living experience. Simply stated, we have no higher priority than resident satisfaction.

"Critical to being a good operator of apartment communities is a dedication to truly listening to your residents," Madary said. "The Insite survey program provides an indispensable way for our residents to provide direct and honest feedback. We take their input extremely seriously, and it helps ensure that we are providing our residents with an optimal living experience."

The individual JVM communities that received 2018 SatisFacts Resident Satisfaction Awards include:

• Apex on Quality Hill Apartments in Kansas City, Mo.
• Avant at the Arboretum Apartments in Lisle, Ill.
• The Aventine at Oakhurst North Apartments in Aurora, Ill.
• Butternut Ridge Apartments in North Olmsted, Ohio
• Circa Apartments in Indianapolis
• Clear Creek Apartments in Overland Park, Kan.
• Dover Farms Apartments in North Royalton, Ohio
• Eastland Trails Apartments in Independence, Mo.
• Enclave at 127th in Plainfield, Ill.
• Hidden Lake Apartments in Stow, Ohio
• The Landing at Briarcliff Apartments in Kansas City, Mo.
• New Longview Apartments in Lee’s Summit, Mo.
• Prairie Lakes Apartments in Noblesville, Ind.
• The Residences at New Longview in Lee's Summit, Mo.
• Royal Oaks Apartments in North Royalton, Ohio
• The Sovereign at Overland Park in Overland Park, Kan.
• Summit on Quality Hill Apartments in Kansas City, Mo.
• Summit Ridge Apartments in Lee’s Summit, Mo.
• Village West Apartments in Kansas City, Kan.

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has completed renovations to the common areas of the Avant at the Arboretum Apartments (Avant), a 310-unit luxury apartment community in Lisle, Ill., near Downers Grove, Naperville and Oak Brook.

"Avant was already an outstanding community located in a great submarket, and these improvements make the property even better positioned to compete in today's marketplace," said Jay Madary, president and CEO of JVM. "That's because these common-area renovations truly address the demands of the modern renter, whether it be their need for pet-friendly amenities, comfortable areas for socializing or spaces to work."

Among the new features at Avant: an off-leash pet park, a pet-washing station, an automated package room with 24-hour access, an upgraded fitness center, a co-working lounge, a rent-by-the day workstation/conference room, and custom-designed one- and two-bedroom model units. The upgrades also include an updated community kitchen and bar area; a renovated clubhouse with billiards table, shuffleboard and a vintage video game table; and an upgraded cinema room.

Sitting along the prestigious I-88 Corporate Corridor, Avant is in one of the most dynamic areas in suburban Chicago. Lisle has been listed on Money Magazine’s "Top 20 Best Places to Live in America" and included on Niche.com’s list of "Best Places to Live in Illinois." The community is a quick Metra ride away from downtown Chicago, and it also offers convenient access to I-355, IL-53 and US-34 (Ogden Ave.). Furthermore, Oakbrook Shopping Center, one of the premier shopping destinations in the Chicagoland area, is an easy 15-minute drive away.

Avant offers spacious one- and two-bedroom apartment homes. The units contain gourmet kitchens with granite countertops, stainless steel appliances, side-by-side refrigerators, over-the-range microwaves, 42-inch kitchen cabinets and under-mount sinks. The apartment homes also feature large patios/balconies.

At Avant, apartment homes are wrapped around a courtyard and a structured parking garage that provides residents with parking on the same level as their homes.

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has completed renovations to the common areas of Circa Apartments (Circa), a 265-unit luxury apartment community in downtown Indianapolis.

"We are extremely excited about what these improvements will bring to this already outstanding community in downtown Indy," said Jay Madary, president and CEO of JVM. "When you combine these updated common-area features with our marketing and revenue management capabilities, we believe the stage is set for Circa to perform extremely well over the long term and deliver strong returns."

Among the new features at Circa: an expanded off-leash pet park, a new pet-washing station, an automated package room with 24-hour access, an upgraded fitness center, a co-working lounge, a rent-by-the day workstation/conference room and a new custom-designed one-bedroom model unit. The renovations also include a redesigned clubhouse with billiards table, new mid-century-style furniture for the resident lounge, and new modern-style furniture for the pool and sundeck.

Located in the Mass Ave Arts District, Circa sits in what is considered the premier entertainment corridor in Indianapolis. With more than 60 restaurants, bars and retailers in the surrounding area, the community's residents enjoy an urban, highly walkable neighborhood with a professional, modern atmosphere. Circa is also near the Indiana Avenue Cultural District, which is home to the thriving Indiana University-Purdue University Indianapolis campus, and Fountain Square, a quirky neighborhood filled with vintage shops and hip destinations. The community also provides easy access to Interstates 70 and 65.

Circa is located on the site of the original Mitchel & Scott Machine Company. Four contemporary buildings envelope tree-lined paths and the original two-story structure.

The community offers studio, one-, two- and three-bedroom apartment homes. The apartment homes have an open and airy design, wood flooring, in-unit full-size washers and dryers, and gourmet kitchens with sleek quartz countertops and contemporary lighting fixtures.

Community amenities include a saltwater pool with sundeck, complimentary Wi-Fi in all common areas, and an outdoor kitchen with grilling stations and a fireplace.