Svn Chicago Property Management Acquires Edgemark Asset Management's Property Management Division
illi News/10303250

CHICAGO - illiNews -- SVN Chicago Property Management (SVN PM), a Chicago-based Property Management firm, has acquired the Property Management division of Edgemark Asset Management, marking a significant step in expanding its portfolio and service offerings nationwide. Terms of the transaction were not disclosed.

For over 25 years, Edgemark Asset Management has built a strong reputation for excellence, applying value-added management strategies to every project. With nearly three dozen assets totaling over 2 million square feet of retail space across Illinois, Wisconsin, New York, and Georgia, this acquisition expands SVN PM's portfolio to 140 full-service management assignments.and over 5 million square feet under management in both multi-family and commercial sectors.

This strategic acquisition extends SVN PM's geographic reach and adds a new office in Oak Brook to complement its existing West Loop location. With this expansion, SVN PM is now well positioned to provide enhanced property management services across new markets and asset types, while continuing to deliver best-in-class service and maximize investor value.

More on illi News

• Entyre Solutions Launches to Support Senior Living Operators
• Jungbunzlauer Launches New TayaGel® LA at IFT First 2025, strengthening its texturants portfolio USA - English USA - English USA - Français Japan - Japanese USA - Deutsch
• GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
• Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
• Eliza Nevius Reimagines a Classic with a Dark, Witty Twist in The Key to Wonderland

Under the leadership of Principal and CEO Michael "Micky" Cicchinelli, SVN PM continues its trajectory of growth through strategic acquisitions and organic expansion. As of 2025, the firm now employs over 50 professionals across all facets of property management. "Our vision is to be a trusted, long-term real estate partner—supporting clients from their first property investment through every stage of portfolio growth and diversification," said Cicchinelli. "Our team brings expertise in property management, finance, marketing, client services, and maintenance. We're especially proud to have retained the entire Edgemark Asset Management team during this acquisition and look forward to continued growth."

"The team at SVN PM has honed an exceptional concierge-level service model focused on excellent client service and hands-on support. SVN PM's growth and momentum continue to be impressive, and we look forward to bringing our clients across the country a best-in-class service delivery now under the SVM PM umbrella," said Mark Brennan, SVP Suburban Property Management.

More on illi News

• Naperville Police Initiate Death Investigation
• The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
• Mayor Johnson Appoints Era Patterson As Executive Director Of The Chicago Office Of Public Safety Administration
• Chicago: Mayor Brandon Johnson Attends Groundbreaking For Jigzibik Affordable Housing Complex
• The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate

"Edgemark Asset Management's products, services, intellectual capital, and exceptional back-end support empower us to help all our clients make optimal real estate decisions and we will continue to build on that foundation" added Kirk Bennett, Principal and CFO of SVN PM.

About SVN Chicago Property Management (SVN PM)

SVN PM is a licensed property management company with experience managing multifamily, retail, office and mixed-use properties nationwide since 2019. Founded by Michael "Micky" Cicchinelli and Kirk Bennet with a team built to focus on asset management in the greater Chicago area, with the ability to manage cross-country properties alongside our national property management platform. For more information please visit https://www.svnchicagpom.com