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Chicago’s largest independent broker has established a new division serving institutional lenders and investors that own or invest in distressed real estate assets.
@properties Institutional Services Group (ISG) offers sales, receivership, asset preservation, property management, consulting, development and investment-advisory services relating to the disposition or acquisition of mortgage notes, residential and commercial properties.

The group will focus on the greater Chicago area and will cover a variety of asset classes including single-family and multi-family residential, condominiums, commercial properties, and land. Company co-founders Michael Golden and Thaddeus Wong have appointed Ralph N. Cram, CFA, and John R. Staib as managing directors of the new division.
Established in 2000, @properties is the largest, independently-owned real estate brokerage firm in Chicago based on 2008 transaction volume of $1.875 billion. The firm also has been one of the city’s most prolific brokers of new-construction and condominium-conversion developments, successfully selling more than 4,500 units with an aggregate value of over $2 billion since its inception.
@properties also has full-service commercial, corporate-relocation and luxury-sales divisions. The company has six offices throughout Chicago land with over 800 licensed agents.
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