Case Studies

  • Atrium Apartments, Urbana

    Green Street Realty took over the management of the Atrium Apartments in February of 2009. At the time, the 240 bed complex was 45% occupied and with very few leases signed for the upcoming school year. By the start of the academic year in August, we had occupancy to 100%. 


  • Aspen Court Apartments, Urbana, IL

    Green Street Realty began managing this 140 unit apartment complex in October of 2009. This distressed property was a bank foreclosure and had experienced years of poor management. Property is undergoing transformation. Leasing and construction currently underway and occupancy expected to reach 90% by the end of 2010. 


  • 709-713 W Church St, Champaign

    Green Street Realty had been managing the property for the bank during the foreclosure process until it was purchased in April of 2010. The property included 5 apartment buildings, 4 on Church Street in Champaign and one on Victory Park in Urbana. The property is currently undergoing a major transformation with more than $500,000 being put into the project. The property was completely vacant when we took over and occupancy is steadily climbing with a goal of being 100% leased by the end of 2010. 


  • Crestwood Manor Town Homes, Urbana

    Green Street Realty took over the management in November of 2008. The property was bank owned at the time before purchase and running 50% occupied with deferred maintenance on the remaining empty units. We immediately stabilized the project, completed needed construction and had the property 100% occupied by March of 2009. 


  • Wellington Place, Champaign

    Green Street Realty took over Wellington Place Apartments in September of 2009. The complex was 68% occupied and getting very little showing activity and six buildings that were either not finished or partially finished. We immediately opened the onsite office, ramped up marketing efforts and within months started seeing dramatic increases in occupancy and interest in the location. As of August 2010, Wellington Place is fully leased and the final two buildings are under construction with scheduled completion in November of 2010.