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JVM Realty Sees Growth Potential in Suburban Chicago Rental Market

OAK BROOK, IL, (Feb. 20, 2015) – JVM Realty Corporation said today it is confident in continued growth in the suburban Chicago rental market and that its recent acquisition of the Enclave at 127th Apartment Homes in Plainfield reflects that belief.

Illinois-based JVM is one of the Midwest’s most successful multi-family real estate investment and property management companies. It acquired the Enclave at 127th in December and immediately began operating and marketing the property.

“While we continue to expand across the Midwest, Illinois is our home, and we see great potential in the market as the economy continues to recover,” said Jay Madary, President and CEO of JVM. “Will County continues to grow at a steady clip, ranking 36th nationally in new job creation. This healthy economic expansion is reflected in the success we are seeing with the newly-added property and provides added incentive to explore further opportunities in suburban Chicago.”

Madary said resident satisfaction ratings, as reported on by ApartmentRatings.com, have already increased almost 88 percent since the acquisition as a result of JVM’s proven property management strategies.

Enclave at 127th is a 340-unit gated apartment community that was built in 2013. Located on 127th Street just east of Route 59, the community is conveniently located near I-55, Naperville, and the I-88 employment corridor. Amenities include sprawling outdoor spaces complete with a fire pit, a flat screen TV, resort style pool, and poolside gourmet grilling area, 24 hour fitness center, Wi-Fi computer lounge and Wi-Fi ready sundeck, and an auto detailing bay. In common with most JVM properties, Enclave at 127th is a pet-friendly community and features a dog park and convenient dog wash.

Enclave is JVM’s first ever paperless community where all applications for the property are submitted online. This effort not only greatly reduces Enclave’s environmental footprint but has proven to be more cost effective over time as well as providing additional convenience for residents. JVM will continue to improve upon and develop new eco-conscious initiatives based on key learnings from the Enclave paperless application program.

The property is overseen by JVM Realty’s property management division, which professionally operates all of JVM’s portfolio, as well as properties owned by third parties.

For more information about Enclave at 127th, visit www.enclaveat127.com or “like“ the page on Facebook.

JVM Realty Corporation is a respected name in the Midwest as a leader in multi-family real estate investment and management. Now in its 40th year, JVM is committed to excellence and integrity and strives to be the preferred choice for its investors, residents and associates. Based in Oak Brook, it operates a $500M multi-family portfolio in the greater Midwest, including Illinois, Indiana, Kansas, Missouri, Michigan, Ohio and Oklahoma. For more information about JVM Realty Corporation, visit www.jvmrealty.com

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