Legacy Real Estate Development, LLC is a full-service real estate investment, development and management company headquartered in Deerfield, Illinois. The company was formed by Rod Engel to capitalize on real estate investment opportunities.
Legacy Real Estate Development, LLC is involved with the acquisition, construction, supervision, management and marketing of multifamily and commercial real estate. The company is involved with the entire process of development, including site acquisition, planning, construction, and marketing. Legacy's attention to details and commitment to customers leads to successful developments.
Rod Engel has been involved with real estate development, investment, sales and management since 1990. Mr. Engel began his career with Inland Great Lakes, LLC a real estate property management, condominium conversion and development firm based in Chicago, Illinois. Mr. Engel rose to the position of Vice President of the firm. During his seven-year tenure at Inland, he was involved with and supervised 14 condominium conversions and developments.
In 1999 Mr. Engel formed Legacy Real Estate Development, LLC, a full-service real estate investment, development, and property management firm based in Deerfield, Illinois focused on capitalizing on real estate investment opportunities. Mr. Engel's condominium development experience includes projects in Glendale, WI, Franklin, WI, and in Milwaukee, WI. Mr. Engel was involved with developing Kilbourn Landing, which includes the new home of the Milwaukee Rowing Club in downtown Milwaukee, WI and has successfully converted more than 300 apartments into condominiums in Glendale, WI, Madison, WI, and Oak Creek, WI.
Legacy recently completed the development of the award winning, 42-unit Beerline River Homes and the 24-unit Rivercourt Condominiums in Downtown Milwaukee. The prairie-industrial style development transformed a formerly abandoned industrial area along the Milwaukee River into an architecturally significant community. The cutting-edge development acted as a catalyst for additional development by defining and creating a real neighborhood.
Legacy recently won an RFP from the City of Milwaukee to develop Block 25 of the Park East. The development, known as The Flatiron, consists of 38-affordable condominiums and approximately 2860 square feet of retail space was completed in 2008. The Flatiron has won several awards including Honorable Mention for Best New Development by the Milwaukee Business Journal, a Top Project by Wisconsin Builder, and a Mayor's Design Award.
Another company formed by Mr. Engel, Wescott Real Estate, LLC, was awarded the opportunity to develop Union Point in downtown Milwaukee. Construction on these affordable condominiums was completed in 2006. Union Point consists of 72-loft-style condominiums and approximately 11,000 square feet of retail space.
Through various companies Mr. Engel is an active investor in approximately 2,298 apartments and 150,000 square feet of industrial space.
Mr. Engel holds a Bachelor of Science degree in Finance, granted by Indiana University in 1988 and holds a Master of Science in Real Estate Investment Analysis, granted by the University of Wisconsin in 1989. Mr. Engel also holds a real estate brokerage license in both Illinois and Wisconsin.