Kass Management Services

About 2 months ago, Illinois passed a significant new state law that will impact landlords, leasing brokers, management companies, and other rental operators. Effective January 1, 2025, this law allows all rental housing applicants to submit a portable screening report within 30 days of issuance. Importantly, housing providers cannot charge an application fee when such a report is provided. Stay informed on this crucial development by clicking on the link below. Feel free to reach out for consultation. #IllinoisLaw #RentalHousing #PropertyManagement #RealEstate #LegalUpdate

Multifamily property management success relies on strategic goals to boost asset value and ensure stability. Delighted to announce that our team has effectively phased out month-to-month leases, with only one exception in a new location. Eliminating such tenancy structures aids in maintaining control, preventing unexpected vacancies, and enhancing leasing forecast accuracy year-round. Post-leasing season vacancies can notably impact a property's performance, potentially resulting in revenue loss and reduced rents. Grateful to our clients for their trust in our proven policies and procedures. #propertymanagement #multifamily #kassmanagementservices

"According to a new analysis of nearly 5.6 million Zillow Rental listings, off-street parking and in-unit laundry are the most in-demand rental features." Learn more about current resident preferences: reptn.co/MAAUyAkZjrB

#1 rental market in the country belongs to Chicago. https://lnkd.in/g7E7_njt

In 2024, the Chicago multifamily sector saw remarkable growth. At Kass Management, we achieved an outstanding average rent increase of over 13% and currently have 98.1% of our units leased as of September 19th. With over $4 million in collected rent last month, boasting a strong 97% collection rate, I am proud of our team's dedication and hard work. Our management team at Kass Management is truly exceptional, showcasing the best structure and performance in my 22 years of experience. As we embrace the upcoming changes in laws and regulations set for 2025, we are prepared for the opportunities and challenges ahead. #propertymanagement #multifamily #hardwork

Kass Management gives a big shoutout to Michael Glasser. and Michael Slater for their outstanding efforts in organizing the NBOA Summer Soiree. The event was a great platform for connecting with property owners and vendors, paving the way for exciting collaborations. A heartfelt thank you to the 40+ servers and bartenders who impeccably represented Kass Management at the soirée by wearing Kass hats. Gratitude also goes to the fantastic team members who joined us at the event, showcasing our firm in style. #PropertyManagement #Networking #Collaboration

August 1st represents the end is near to another successful rental season! Today, we celebrated our new move-ins on key pick-up day and I am grateful for our move-in day sponsor, #Zillow. They helped us welcome over 100 new Kass residents with food, drinks, and swag! 🎉🔑 #rentalseason #newbeginnings

Announcing a new addition to our commercial management portfolio! We are excited to serve our valued client and national tenant, Starbucks, located at 2050 W Orchard Rd in Aurora, Illinois. #Starbucks #CommercialManagement #ClientSatisfaction

Excited to announce a new addition to the Kass Management property portfolio! Thrilled to provide excellent service to our client and national tenant. Stay tuned for the announcement of a few more Starbucks locations coming under our management in the coming days! #Starbucks #propertymanagement #commercialpropertymanagement