Annual Archive

 

2014 NEWS

CLK Acquires Rogers Park Condos

December 20th, 2014

CLK Properties acquired 15 condominium units and approximately 5,000 square feet of  retail space at 6351 N. Lakewood in the Rogers Park submarket of Chicago.

The property, which contains a total of 25 condo units and 6 retail spaces, is a charming 3-story, 1920’s vintage brick structure.

“We were particularly attracted to this opportunity due to its unique location,” commented Craig Koenigsberg, CLK’s CEO.

“It’s within walking distance of Loyola University, two CTA Red Line railway stations, and Loyola Park and Beach which provide a combination of green space and beach access that is unique within the densely packed urban core.”

CLK continues its mission…

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CLK Grows in Chicago with 1412 W. Morse

October 3rd, 2014

CLK Properties continues its targeted expansion in Chicago with its latest acquisition on 1412 W. Morse.

The property contains sixteen spacious two bedroom, two bath apartments which were originally built as condos in 2008.  The units feature large open layouts with stunning condo-grade appointments, gas fireplaces and balconies.  The building also has a roof deck, on-site parking as well as a neighborhood dining establishment on the ground floor.

“I was drawn to this asset due to the large, updated floorplans and the building’s proximity…

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CLK Buys 3348 W. Wilson, Chicago

September 10th, 2014

CLK Properties closed on its acquisition of 3348 W. Wilson in the Albany Park submarket.

Built in 1926, the property is a charming, courtyard-style apartment building containing thirty-three residential units. Having received a complete condo-grade renovation in 2008, the building provides a high-quality living opportunity for those looking to reside in this desirable Chicago submarket.

“3348 W. Wilson meets all our target property criteria, and allows us to offer an updated living environment within the charm of a vintage-style building that is characteristic of the neighborhood,” commented CLK’s CEO, Craig Koenigsberg.

Mr. Koenigsberg also noted that he plans to significantly grow his…

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CLK Acquires Two Chicago Properties

August 28th, 2014

CLK Properties has acquired two apartment properties in Chicago, IL.

The Maynard at 2500 Clybourn is a newly constructed, a 27 unit apartment building with parking garage, is located in Chicago’s Lincoln Park neighborhood.

The Maynard at 7100 Sheridan is a fully renovated, 58 unit apartment building with retail, and is located just feet away from the Lake Michigan shoreline and sits in close proximity to Loyola and Northwestern University campuses.

“These two acquisitions fall well within our acquisition criteria for properties in Chicago, a market in which we have increasing interest in growing our portfolio. We have…

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CLK Acquires Chicago Apartment Building

May 21st, 2014

CLK Properties has acquired a 31 unit apartment building in the Kenwood-Hyde Park historic district of Chicago.

To be named “The Maynard”, this charming 1922 vintage, courtyard-style building, received a complete upgrade package in 2013, including all new unit interiors and building systems, making it a highly desirable choice for renters in this growing submarket of the city.

Craig Koenigsberg, CLK’s President and CEO commented, “We consider Chicago to be one of our top target-acquisition cities, particularly submarkets like Hyde Park and properties North of the business district up to Evanston, where demand and demographics have shown solid growth and strong…

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CLK Buys Midtown Memphis Highrise

April 23rd, 2014

CLK Properties has acquired The Pinnacle Apartments located at 305 S Bellevue Blvd, Memphis, TN.

The property is an 18 story high-rise apartment tower in Memphis’ Midtown submarket and contains 118 one and two bedroom, residential units which boast some of the best views available in the area.

According to Craig Koenigsberg, CLK’s CEO, this property will greatly benefit from a heightened level of management and will become a highly desirable living destination in the ever-evolving Midtown area.

“We are extremely pleased with the developments occurring in Midtown. The Pinnacle, with its close proximity to Methodist University Hospital system, downtown and area…

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CLK Acquires Atlanta Area Triple-Net Retail

April 11th, 2014

CLK Properties has acquired a triple-net retail site in Kennesaw, GA which sits 23 miles northwest of downtown Atlanta.

The 5,630 square foot building, occupied by Fuddruckers restaurant, is located just off of E.W. Barrett Parkway at the entrance of the Town Center at Cobb Mall which is conveniently situated at the fork of I75 and I575.

CLK’s CEO, Craig Koenigsberg, was attracted to the site due to its highly trafficked, easily accessible location and strong overall market demographics.

CLK Properties is a privately held, diversified real estate investment and asset management company based in Woodbury, NY. For more information,…

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CLK Buys Georgian Woods, Memphis, TN

March 17th, 2014

Woodbury, NY based CLK Properties has acquired Georgian Woods Apartments in Memphis, TN.

With its lush and maturely landscaped grounds and excellent midtown location, Georgian Woods is a welcome addition to CLK’s significant multifamily presence in the Memphis market.
Located on the highly trafficked Union Avenue, CLK considers this asset to be a gem which, with their high level of management expertise, will prove to be a solid performer in their portfolio and provide a quality living experience for those choosing to live in this increasingly popular part of the city.

“We love this location!” commented Craig Koenigsberg, CEO of CLK Properties….

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