Crain's: Why a Chicago developer may be coveting your condo

This is a great article from Crain's Chicago Business that discusses the burgeoning condo deconversion phenomenon happening in Chicago and the suburbs.

Here's the quote that stands out to us:

“Hopefully, condo boards will figure out that they can make 50 percent more selling to these apartment idiots chasing a bubble,” says David Ruttenberg, principal at Marc Realty Residential, a Chicago-based apartment landlord. “Hopefully, I'm the fool they call.”

Click here to read the article.

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CCDS is a division of Pearson Realty Group formed by A.J. Manaseer in 2016 to focus on the burgeoning deconversion trend happening in the Chicago area. CCDS consists of a group of real estate and legal professionals whose mission is to leverage our knowledge and experience to achieve the best possible results for our clients. 


A.J. has been active in Chicagoland real estate as an investor, broker, and developer for over 15 years. Since 2012, A.J. has completed over $325MM worth of residential and commercial real estate transactions. 


A.J. has a degree in Economics from Duke University and an MBA from DePaul University.  


In partnership with


CCDS Group

Pearson Realty Group

1000 N. Milwaukee

Chicago, IL 60642