New Western, a firm specializing in distressed investment properties, has opened its first office in Chicago to be part of a market that is considered to be the top housing market for growth in 2022. The firm has plans to revitalize $543 million in residential properties in the Chicago market during the next five years.
“Chicago is the third-largest city in America and is a rapidly growing market. This is a big milestone and important market in our nationwide expansion with our latest office opening in the Prairie State,” said Kurt Carlton, co-founder and president of New Western. “Providing affordable housing, especially in large markets like Chicago, is vital. When we help bring distressed properties back to the market, it’s up to 31 percent less expensive than a new construction home. We pride ourselves on being specialists in providing exclusive inventory for real estate investors to evaluate and purchase in a matter of days and believe our presence in Chicago wil
