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Wrong Stuart Handler?

Stuart Handler

Chief Executive Officer

TLC Management Co

HQ Phone:  (312) 553-9070

Direct Phone: (312) ***-**** ext. ****direct phone

Email: s***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

TLC Management Co

100 N. LaSalle St. Ste. 1200

Chicago, Illinois,60602

United States

Company Description

As a Chicago-based company that exclusively owns and operates each of its buildings, TLC has a commitment to adhere to the highest standards. This philosophy offers you much more than an apartment. You can also count on great customer service. TLC demands th...more

Find other employees at this company (99)

Background Information

Employment History

Owner

Stuart Handler Real Estate Co


Affiliations

Wexenthaller Realty

Board Member


RMK Management Corporation

Board Member


Web References(71 Total References)


Board of Directors

www.caapts.org [cached]

Stuart Handler
Chief Executive Officer TLC Management Company 100 N LaSalle St, Ste 1200 Chicago, IL 60602 (312) 553-9070


CAA Board Members

www.caapts.org [cached]

Stuart Handler
Chief Executive Officer TLC Management Co. 100 N LaSalle St, Ste 1200 Chicago, IL 60602 (312) 553-9070


TLC buys Madison Park Butterfield apartments in Mundelein - News - Crain's Chicago Business

www.chicagobusiness.com [cached]

Chicago apartment landlord Stuart Handler paid $80 million for an apartment complex in Mundelein, a deal that pushes his holdings here past the 5,000-unit mark.
A venture led by Handler acquired Madison Park Butterfield, a 522-unit property at 2200 S. Butterfield Road, from Equus Capital Partners, a Yardley, Pa.-based investment firm, according to Handler, CEO of TLC Management. A venture led by Handler acquired Madison Park Butterfield, a 522-unit property at 2200 S. Butterfield Road, from Equus Capital Partners, a Yardley, Pa.-based investment firm, according to Handler, CEO of TLC Management. Handler, who began buying apartments about four decades ago, has amassed a 5,000-unit portfolio in the Chicago area by following a slow and steady approach, acquiring one or two properties a year. He started in the city, investing in vintage apartment buildings in neighborhoods near the lake, and then branched out into the suburbs a few years ago. Handler, who finances his deals with his own equity, doesn't chase the best or the biggest properties, but aims for the mid-market. He classifies the Madison Park Butterfield-which he is renaming the Park Butterfield-as Class B property ripe for a renovation. "It's a 'B' right now," he said. "We'll bring it up to a 'B-plus.'" Handler expects to spend about $2 million fixing up the common areas and adding new landscaping, a playground and dog park. He aims to renovate the apartments when they turn over. Handler said he paid $80 million for the complex, or about $153,000 a unit. The Park Butterfield is 96.9 percent leased, Handler said. Rents range from $1,084 per month for a studio apartment to $1,442 for the most expensive two-bedroom unit, according to real estate information provider CoStar Group.


CAA Preview Breakfast

www.caapts.org [cached]

Stuart Handler, Chief Executive Officer, TLC Management, Co.


Press Quotes and Citations at Appraisal Research Counselors

appraisalresearch.com [cached]

Stuart Handler likes it that way.
With few apartment developments going up in North Side neighborhoods, landlords like Mr. Handler have more freedom to raise rents than do owners of downtown high-rises, which are starting to feel the impact of a major construction boom that shows few signs of ebbing. For all the ebullience about the downtown renaissance, Mr. Handler is happy most of his buildings are elsewhere. I stayed away from those areas in downtown Chicago, says Mr. Handler, CEO of Chicago-based TLC Management Co., which owns 35 buildings from Evanston to South Shore.


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