$1.14B Investment in Co-Living Facilities with U.S. Expansion Plans
German property firms, Medici Living and Corestate Capital Holding SA, plan to invest $1.14 billion to develop their co-living facilities across Europe and the United States. Young professionals that were priced out of major city housing markets are driving the demand for the co-living concept where tiny apartments are grouped around shared facilities such as […]
CBS 2 News Features QUARTERS Co-Living Location in Chicago’s Fulton Neighborhood
CBS 2 News Chicago has featured the new QUARTERS co-living building in Chicago’s Fulton Market. Caton Commercial brokers Steve Caton, CCIM, Bill Caton, and Andy Velkme have partnered with The Medici Group to bring QUARTERS to the Midwestern United States. The co-living concept is gaining ground among millennials and others who wish to be in the heart of a CBD with […]
Caton Commercial Partners with Medici Group for Chicago Co-living Concept
Caton Commercial Real Estate Group is pleased to announce that brokers Steve Caton, CCIM, Bill Caton, and Andy Velkme are collaborating with German-based co-living company, Medici Living Group in their Chicago expansion. Medici’s co-living concept Quarters, and its technology platform, allow members to rent furnished spaces including all utilities, through their smartphones, and instantly become plugged into an active community. Further, Quarters […]
Coming Soon: NWC Weber & Renwick | DogHaus
Caton Commercial recently sold the lot at the northwest corner of Weber & Renwick roads in Crest Hill. Caton is pleased to announce that DogHaus, a California-based restaurant, will open in fall of 2018. Steve Caton, Andy Velkme, and Joe Herron of Caton Commercial were involved in the transaction. DogHaus first opened their doors in California serving gourmet hot dogs, sausages, burgers, and fried […]
Andy Velkme – NICAR REALTOR ® of the Year
Caton Commercial‘s Andy Velkme, has been chosen as the REALTOR ® of the Year for the Northern Illinois Commercial Association of REALTORS ® (NICAR). Velkme, holds the position of NICAR secretary and chair of the association’s Commercial Global Business Network Committee. On the state level, he joined the Consulate General Liaison Program in 2016 as liaison […]
SOLD – 100 Brook Court, Bolingbrook
Caton Commercial‘s Andy Velkme has closed both sides of the transaction for 100 Brook Ct. in Bolingbrook. The seller of this previous mechanic shop was William Palmer and buyer was Deep Sound of West Chicago, dba Velasquez Mufflers. It was purchased for $310,000. The new owner plans to operate an auto repair and muffle business at this […]