URL:
Location:
Chicago, IL
Niche:
Mutl Family
Prior::
CrowdStreet

Overall:

Communication/Reporting:

Track Record/Performance:

Sponsor Fees:

Atlas Residential is one of the largest owners and operators of multifamily apartment properties in the United States. Privately owned and headquartered in Chicago, we strive to bring the highest professional standards to all aspects of the residential rental industry. Having acquired, financed, renovated and sold over 75,000 units since 1992 with an appraised real estate value of roughly $7 billion, our current portfolio comprises more than 20,000 units across 13 states.

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Tony Wong

Aug 03, 2019

Altas Residential is teh worst CRE investment I have ever made.  They promised the world during the fund-raising at CS.  After over 2 years (now at Aug-19), they have never made a cash distribution (they promised to make the 1st cash distribution in from Apr-2018).  The investors have not recuved the 2018 K-1 as of yet.  There has been no periodic communication.  Even CS has been so fustrated with them to ban them from any further listing at CS.  Sadly, the existing investors to their last and only deal on CS (Brookview Village at Chicago MSA) do not have a way out from the o'deal.  Please stay away from this company (CEO is Steven Ivankovich).  The person repeatedly ignore inquire from investors and CS alike.  The investors' money seems got into a "blac hole" with pratcially no update and feedback.

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Atlas Residential Atlas Residential
Rated 0.8/5 based on 3 customer reviews

Atlas Residential is one of the largest owners and operators of multifamily apartment properties in the United States. Privately owned and headquartered in Chicago, we strive to bring the highest professional standards to all aspects of the residential rental industry. Having acquired, financed, renovated and sold over 75,000 units since 1992 with an appraised real estate value of roughly $7 billion, our current portfolio comprises more than 20,000 units across 13 states.