Where Do We Do It?

globeWe stick to time-honored basics of real estate investing by selecting markets with stronger than average employment, moderate competition, low vacancy rates and rising rents.

Market research is ongoing, and currently we are working in the following markets:

Chicago, IL

chicagoChicago, Illinois is a city of many names, the most notable being the “Windy City”, “Chi-Town”, and the “Heart of America.” It’s the third most populous city in the United States, third only to New York City and Los Angeles. Chicago has the fourth largest gross domestic product in the world, and is home to the headquarters of major companies such as Boeing, Baxter International, Abbott Laboratories, and the Healthcare Financial division of General Electric. The city also houses many well-known attractions, including the Sears Tower, the famous Wrigley Field, and one of the largest fountains in the world Buckingham Fountain. Chicago is also a major tourist destination; in 2008, they attracted 32.4 million domestic leisure travelers, 11.7 million domestic business travelers and 1.3 million overseas visitors.

Population – 2,707,000

Employment – The state of Illinois is home to 32 Fortune 500 companies of which these 6 call Chicago home:

  • Boeing
  • United Continental Holdings
  • Exelon
  • Aon
  • R.R. Donnelley & Sons
  • Telephone & Data Systems

Education

  • University of Chicago
  • University of Illinois at Chicago
  • DePaul University
  • Loyola University Chicago
  • Columbia College Chicago
  • Argosy University
  • Northeastern Illinois University
  • School of the Art Institute of Chicago
  • Roosevelt University
  • North Park University
  • Chicago State University
  • Illinois Institute of Technology
Cincinnati, OH

cincinnatiCincinnati, Ohio is the state’s third largest city often thought of as the nation’s first purely American city. Downtown Cincinnati’s Fountain Square is a popular public focal point and event location. The city is home to an abundance of noteworthy architectural structures with historic associations such as the Carew Tower, the Scripps Center, the Ingalls Building, the Isaac M. Wise Temple and the Cincinnati Museum Center at Union Terminal.

Due to new development and private investment, Cincinnati is undergoing significant positive changes as well as the construction of the Banks project of which will include apartments, retail, restaurants and offices the will stretch from Great American Ball Park to Paul Brown Stadium. Nearly $3.5 billion has recently been invested in the urban core of Cincinnati, and the city boasts that they’re not done yet!

Population: 296,223

Employment – The Cincinnati USA Regional Chamber proudly notes that Cincinnati has more Fortune 500 companies per capita than Los Angeles, New York or Chicago. The 10 Fortune 500 companies that call the greater Cincinnati area home are:

  • Kroger
  •  Proctor & Gamble
  • Macy’s
  • Ashland Inc.
  • Fifth Third Bancorp
  • Omnicare
  • General Cable Corp.
  • AK Steel
  • Western & Southern Financial Group
  • American Financial Group

Education:

  • University of Cincinnati
  • Miami University (Ohio)
  • Northern Kentucky University
  • Xavier University
  • College Conservatory of Music

Cincinnati Highlights!

  • #1 City for Consumer Banking -bizjournals.com
  • #2 Most Popular City for the Holidays -Sperling’s Best Places
  • #4 Top 10 Cities for New Grads -CNN
  • #5 Most Affordable Cities in America -Forbes Magazine
  • #9 America’s Safest Cities -Forbes Magazine
  • #9 Best City for Raising a Family -Forbes Magazine
  • #10 City for Real Estate Steals! -Money, U.S. News
  • #10 Most Walkable City in the U.S.
  • #10 Most Affordable Home Prices -National Association of Home Builders
  • #18 Best Cities for Young Professionals -Forbes Magazine
  • #28 Cities on the Edge of Greatness -Sperling’s Best Places
  • #35 Fiscally Fit Cities -State Farm Insurance
  • Top 10 “Cities that Rock” -Esquire Magazine
Cleveland, OH

clevelandCleveland, Ohio is recognized as “The Rock and Roll Capital of the World” and is the most populous city in the state. The city’s geographic location on the Cuyahoga River and Lake erie has been key to its growth. The Ohio and Erie Canal coupled with rail links helped establish Cleveland as an important business center. The healthcare, biotechnology and fuel cell research industries fuel the City’s economy. Cleveland is a leader in attracting technology companies, established and start-ups alike, to plant their roots using the high-speed fiber networks that run underneath downtown streets.

Population: 396,815

Employment: 10 Fortune 500 companies call the Cleveland area home, and they are:

  • Cardinal Health
  • Goodyear Tire & Rubber
  • Progressive
  • Eaton
  • First Energy
  • Travel Centers of America
  • Lubrizol
  • Parker Hannifin
  • Sherwin-Williams
  • KeyCorp
  • Cliff’s Natural Resources

Education:

  • Case Western Reserve University
  • Cleveland State University
  • John Carroll University
  • Cleveland Institute of Art
  • Cleveland Institute of Music
Columbus, OH

columbusColumbus, Ohio is the 15th largest city in the U.S. and built for business! Columbus and the immediate surrounding areas are home to 28 Fortune 500 Companies. The city is growing in recognition for its historic neighborhoods, booming arts and sporting district downtown, open attitude and a noticeably affordable quality of life. This city is young, smart and entrepreneurial with a growing creative community, quality schools, incredible health systems and short commutes. The City is perfect for active lifestyles and is investing $20 million in a growing system of bike and fitness trails, connecting the suburbs and river trails to downtown where a new $44 million riverfront park system is under construction.

Population: 797,434

Employment – The state of Columbus is home to 28 Fortune 500 Companies with these 5 based in Columbus:

  • Cardinal Heath
  • Nationwide
  • American Electric Power
  • L Brands
  • Big Lots

Education:

  • Ohio State University
  • Capital University
  • Columbus College of Art & Design

Columbus Highlights!

  • America’s Best Place to Raise Kids (Business Week)
  • #1 up & coming high-tech city (Forbes Magazine)
  • #1 best place to live, work and raise a family for African Americans (BET Networks)
  • #1 in the country, the Columbus Zoo and Aquarium (USA Tourist.com & USA Travel Guide)
  • #1 library Columbus Metropolitan Library (Library Journal)
  • #1 up & coming high-tech city (Forbes Magazine)
  • #1 city for sports (Scarborough Sports Marketing)
  • #1 New Baseball Park Huntington Park (Ballpark Digest)
  • #1 Science Center COSI (Parents Magazine)
  • #1 College President The Ohio State University President E. Gordon Gee (Time Magazine)
  • #1 in new corporate facilities and expansion
  • #7 best city in country for business (Market Watch)
  • #13 in nation for most Capital Investment projects (Site Selection Magazine)
  • Top ten most livable city (CNN/Money Magazine)
  • 7th most high-tech city (Popular Science Magazine)
  • Division 1 College Town – Home of the Ohio State Buckeyes
  • Unemployment averages 3% below the national average
  • 47% of the city’s population rents their dwelling

 

Kansas City, MO

kansascityKansas City, Missouri is the largest city in its state with a population of over 400,000 people. Also known as the “City of Fountains,” Kansas City has a storied, rich history. It was founded in 1838 and was the site of several Civil War Battles. The culture of Kansas City is diverse, with a large population of Irish-Americans and a large jazz following. Kansas City is nationally recognized for its Southern BBQ, specifically its Kansas City strip steaks. The city features the largest public transportation line in the country and is home to the renowned Harry S. Truman historic district, the National World War 1 Museum, and the Midwest Genealogy Center.

Population: 463,202

Employment: Missouri is home to 11 Fortune 500 Companies of which these four are in based in Kansas City:

  • Sprint Nextel
  • YRC Worldwide
  • H&R Block
  • Hallmark

Education:

  • University of Missouri-Kansas City
  • Rockhurst University
  • Avila University
  • Kansas City Art Institute

Kansas City Highlights!

  • Voted Best Weekend Escape -Forbes Magazine
  • Top 20 Cities for working mothers -Forbes Magazine
  • #2 Most Balanced Economy and Growth -Inc. Magazine
  • #9 Best City for Senior Citizens
  • #10 City for Rapid Growth -Entrepreneur Magazine
  • #11 Best Metro Area for Telecommuting
  • #11 U.S. City for Entrepreneurs -Entrepreneur Magazine
  • #15 Most Literate City in the U.S.
  • #20 “America’s 50 Hottest Cities” -Expansion Management
  • Five Star Business Opportunity Metro -Expansion Management
  • Top 50 City for doing business! -Inc. Magazine
  • Top 100 Best Places for Business and Careers -Forbes Magazine
Memphis, TN

memphisMemphis,Tennessee is commonly recognized as “America’s Distribution Center!” and is on the brink of redefining global logistics. Considering the four major Interstate Highways that pass through the city, the third largest railroad center, one of the largest inland ports in the U.S., America’s premier Aerotropolis and national headquarters for Fed Ex – Memphis – has rightfully earned this distinction. Health care, medical education and biomedical research are Memphis’s three largest industries, bringing over $5 billion to the local economy each year.

Population: 652,050

Employment: Home to Fortune 500 Companies’ FedEx, International Paper, AutoZone and second home to Nike.

Education:

  • University of Memphis
  • Christian Brothers University
  • University of Tennessee Health Science Center

Memphis Highlights!

  • #1 City in America for Real Estate “Steals” – U.S. News & World Report
  • #1 on home affordability index for retirees – CNN Money Magazine
  • #1 for Property Appreciation between 2011 and 2014 – Moody’s Case Schiller Index
  • Top 10 Cities to Invest in Real Estate – Business 2.0
  • 48% of the city’s population rents their dwelling. The highest percentage in the U.S.
  • Virtually no risk of declining property values.
    • In 2008 property values declined just 3%
    • Just two negative years in the last 20.
  • Memphis continues to expand its medical industry.
    • St. Jude Children’s Research Center
    • UT Medical School
    • LeBohneur Children’s Hospital
    • Methodist University Hospital
    • Memphis Biotech Research Park is Currently under construction
    • Med-Tech Headquarters & Research facility
St. Louis, MO

stlouisSt. Louis, Missouri LOVES its Cardinal baseball and takes pride in its reputation for being the “Beer Capital” of the country. This is a culturally diverse city featuring the 19th largest metropolitan in the United States. St. Louis is well known for its large rivers and ports that play a major part in moving goods throughout the city, state, and country. The major industries of St. Louis are science, technology, and education, with nearly 40 colleges and technical schools located in the city. St. Louis is also the home of the famous Gateway Arch, as well as other renowned architecture such as the Thomas F. Eagleton United States Courthouse and the AT&T building.

Population: 318,069

Employment: St. Louis is home to 9 Fortune 500 Companies, and they are:

  • Express Scripts Holding
  • Emerson
  • Monsanto
  • Reinsurance Group of America
  • Centene
  • Peabody Energy
  • Ameren
  • Graybar Electric
  • Jones Financial

Education:

  • Washington University in St. Louis
  • Saint Louis University
  • University of Missouri-St. Louis
  • Webster University
  • Fontbonne University

St. Louis Highlights!

  • #1 “Best Place to Raise Your Kids in Missouri” in 2012 by Business Week.
  • #1 most affordable housing of the top 20 largest metropolitan areas in the country. -National Association of Home Builders in November 2012.
  • #8 on its “America’s Best Housing Markets” list based on low foreclosures, rising home prices, and affordability. -Forbes Magazine
  • #11 on Parenting Magazine’s 2011 Best Cities for Families.
  • #13 for Gen Y Workers – those born between 1982-1993 – according to Payscale Inc.
  • #14 Best College (Washington University) – US News
  • 9 Fortune 500 Companies
  • 21 Fortune 100 Companies
  • 54 head-offices of large to major corporations.
  • Thriving casino industry of which hosts Casino Queen Hotel, Hollywood Casino, Lumiere Place Casino & Hotels, and the River City Casino.
  • Lake St. Louis, Webster Groves, and Ballwin, MO. among the Top100 Best Places to Live in the Nation – Money Magazine