CHICAGO, IL - For the second year in a row, Pangea Properties was a recipient of the 2013 Good Neighbor Award in recognition for their efforts to improve the quality of life for the Chicago community. The annual award presented by the Chicago Association of REALTORS®, acknowledges those who have demonstrated an extraordinary commitment to making the Chicago area a better place to work and live.
The Chicago Association of REALTORS Good Neighbor Awards were created to encourage rehabilitation and redevelopment throughout the city. In its twenty year history, the award has grown to honor recipients that are not only recognized for their rehabilitated properties, but also in their efforts in going above and beyond to conquer challenges and bringing innovative ideas to the marketplace.
“We are thrilled and honored to receive this award two years running,” says Al Goldstein, President of Pangea Properties. “From the beginning of this venture, our mentality has been to rehabilitate entire neighborhoods; bringing them back to the thriving communities they used to be.”
Over the past four years, Pangea has invested over $100 million into renovating more than 250 distressed properties throughout Chicago’s South, Southwest and West neighborhoods. The company strives to transform its building into desirable, affordable places where people want to live through drastic improvements and restorations.
“Our goal has always been to provide an ideal rental option for community members that is within their means,” continues Goldstein. “We’re fixing old or abandoned properties, renting units at affordable prices and providing superior service to rehabilitate the neighborhoods, not overturn them.”
As Pangea continues to expand its footprint in Chicago neighborhoods, the company hopes to invest time and money into properties that will become cornerstones of the community, continually going the extra mile to improve the neighborhoods for their residents and communities.
ABOUT PANGEA PROPERTIES:
Pangea Real Estate was founded in 2008 by Al Goldstein and Steve Young with one mission: to bring service, value and care to its renters. The entrepreneurs saw an opportunity in the Chicago market to create a real estate firm that serves as both the property owner and building manager that utilizes a call center to support the high bar for service and scalability. Today, Pangea has over 4,000 units in the Chicagoland area and over 600 units in Indianapolis, with the goal to continue expanding into new markets and adding units in current markets. Pangea has been featured in several media outlets including WGN TV, Chicago Magazine and the Baltimore Business Journal, among others. For more information, visit Pangea online at www.pangeare.com, on Facebook at “Pangea Real Estate,” or on Twitter @PangeaRE.