INNOVATIVE REAL ESTATE STRATEGIES

Jonathan Berger and Josh Silverglade have been investing in Chicagoland real estate for a combined 52 years. They have been investing together since 1999, when they co-founded The Equitable Funds LLC (“TEF”).

Site updated 1/2023

During these uncertain times, TEF remains confident (even bullish) in the future of Chicago. TEF is well funded and is continuing to execute on its business plan (all while diligently adhering to the CDC’s guidelines.)

As owners of multi-tenant single story properties in the Chicago market, TEF remains committed to this asset class and the strength of its future and is actively seeking to acquire well-located multi-tenant single story office properties in 2021.

If you are a seller or a seller’s representative, please contact us to submit and register your property.

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Biographies

JONATHAN BERGER draws on more than thirty years of experience in the real estate business and has had exposure to every phase of the business including acquisition, development, asset repositioning, property management, leasing and disposition.

Jonathan, a life-long resident of Chicago, is co-founder of The Equitable Funds LLC, Owner and Managing Director of Berger Asset Management LLC, a property management company, and the President of the Berger Company, Inc,, an asset management company. Jonathan graduated from The Latin School of Chicago (where he is currently a member of the Board of Trustees) and Hampshire College.

JOSH SILVERGLADE has been involved in the acquisition, management, development and financing of industrial, office, commercial and residential real estate for over twenty-five years. He is currently Managing Director of The Equitable Funds LLC and is the Managing Member of many affiliated limited liability companies with diverse interests in real estate. Josh is a founder of the company and has been involved in all aspects of the company since its inception in 1999.

From 1992 to 1996, Josh was an attorney at the law firm of Altheimer & Gray in Chicago where his practice focused on environmental law and real estate transactional work. He received a Bachelor of Arts degree, with high distinction and honors, from the University of Michigan in 1989 and a J.D., magna cum laude, from the University of Illinois College of Law in 1992, where he was a member of the University of Illinois Law Review.

Mission Statement

We consistently strive to own and operate a socially responsible best of class real estate investment and management company. Our goal is to provide an exceptional and safe working environment for our employees and our tenants while providing reduced risk and outsized returns to our investing partners. We strongly believe in a collaborative community and recognize that being a good neighbor is good business.

Sponsors’ Transaction History

  
    LOCATION
    ASSET TYPE
    CONDITIONS UPON
 ACQUISITION
  
    Schaumburg, IL
    83,000 Single Story Multi Tenant Office Campus
    92% Occupied
  
    Chicago, IL
    165,000 Single Story Multi Tenant Office Building
    40% Occupied
  
    Northbrook, IL
    40,000 SF Multi Story Multi Tenant Office Building
    60% Occupied
  
    Des Plaines, IL
    30,000 SF Multi Story Multi Tenant Medical Building
    60% Occupied
  
    Northbrook, IL
    20,000 SF Retail Building
    Environmental Contamination/Vacant Garage
  
    Deerfield, IL
    25,000 SF Retail Building
    40% Occupied
  
    Lake Forest, IL
    20 Acres Land
    Rezoning
  
    Hawthorn Woods, IL
    40 Acres Land
    Rezoning
  
    Bolingbrook, IL
    7 Acres Land
    Unincorporated
  
    Chicago, IL
    22,000 SF Single Story Industrial Building
    100% Vacant Building
  
    Glenview, IL
    Non-Performing Note Secured by 60,000 SF

    Industrial Building
    100% Vacant Building /

    Environmentally Contaminated
  
    Oklahoma City, OK
    114,000 SF Retail Building
    100% Vacant Building
  
    Staten Island, NY
    261,360 SF Land Site
    Environmentally Contaminated
  
    Riverwoods, IL
    Non-Performing Mortgage & Note

      Secured by 1,655,280 SF Land Site
    Former Landfill/Wetlands
  
    Round Lake Beach, IL
    108,900 SF Land Site
    Land Assemblage
  
    Palatine, IL
    566,280 SF Land Site
    Land Assemblage / Environmentally

    Contaminated / Wetlands
  
    Palatine, IL
    108,900 SF Land Site
    Wetlands
  
    Winfield, IL
    25,000 SF Land Site
    Vacant Gas Station Site / 

      Environmentally Contaminated
  
    Lombard, IL
    30,000 SF Land Site
    Vacant Gas Station Site / 

      Environmentally Contaminated
  
    Antioch, IL
    30,500 SF Land Site
    Poorly-marketed property situated

      in front of planned Wal-Mart
  
    Chicago, IL
    145,000 SF Multi-Story Industrial Building
    60% Vacant Industrial Building /

      Environmentally Contaminated
  
    Norfolk, VA
    850,000 SF Shopping Center
    30% Vacant Shopping Center
  
    Chicago, IL
    175,000 SF - 20-Story Apartment Building
    Ground-up Development / 

      Condominium Conversion
  
    Chicago, IL
    60,000 SF Industrial Building
    100% Vacant Building
  
    Chicago, IL
    15,000 SF Retail Building
    Walgreens Store / Environmentally

      Contaminated
  
    McHenry, IL
    15,000 SF Retail Building
    Walgreens Store / Environmentally

      Contaminated
  
    Chicago, IL
    9 Single-Family Homes
    Renovations
  
    Palatine, IL
    Non-Performing Note Secured by

      10,000 SF SF Vacant Commercial Building
    Land Assemblage /

      Environmentally Contaminated
  
    Chicago, IL
    12,500 SF Land Site
    Vacant Gas Station Site / 

      Environmentally Contaminated
  
    Chicago, IL
    14,000 SF Industrial Building
    Environmentally Contaminated
  
    Bellwood, IL
    70,000 SF Industrial Building
    100% Vacant /

      Environmentally Contaminated

LOCATION	ASSET TYPE	CONDITIONS UPON ACQUISITION
Schaumburg, IL	83,000 Single Story Multi Tenant Office Campus	92% Occupied
Chicago, IL	165,000 Single Story Multi Tenant Office Building	40% Occupied
Northbrook, IL	40,000 SF Multi Story Multi Tenant Office Building	60% Occupied
Des Plaines, IL	30,000 SF Multi Story Multi Tenant Medical Building	60% Occupied
Northbrook, IL	20,000 SF Retail Building	Environmental Contamination/Vacant Garage
Deerfield, IL	25,000 SF Retail Building	40% Occupied
Lake Forest, IL	20 Acres Land	Rezoning
Hawthorn Woods, IL	40 Acres Land	Rezoning
Bolingbrook, IL	7 Acres Land	Unincorporated
Chicago, IL	22,000 SF Single Story Industrial Building	100% Vacant Building
Glenview, IL	Non-Performing Note Secured by 60,000 SF Industrial Building	100% Vacant Building / Environmentally Contaminated
Oklahoma City, OK	114,000 SF Retail Building	100% Vacant Building
Staten Island, NY	261,360 SF Land Site	Environmentally Contaminated
Riverwoods, IL	Non-Performing Mortgage & Note Secured by 1,655,280 SF Land Site	Former Landfill/Wetlands
Round Lake Beach, IL	108,900 SF Land Site	Land Assemblage
Palatine, IL	566,280 SF Land Site	Land Assemblage / Environmentally Contaminated / Wetlands
Palatine, IL	108,900 SF Land Site	Wetlands
Winfield, IL	25,000 SF Land Site	Vacant Gas Station Site / Environmentally Contaminated
Lombard, IL	30,000 SF Land Site	Vacant Gas Station Site / Environmentally Contaminated
Antioch, IL	30,500 SF Land Site	Poorly-marketed property situated in front of planned Wal-Mart
Chicago, IL	145,000 SF Multi-Story Industrial Building	60% Vacant Industrial Building / Environmentally Contaminated
Norfolk, VA	850,000 SF Shopping Center	30% Vacant Shopping Center
Chicago, IL	175,000 SF - 20-Story Apartment Building	Ground-up Development / Condominium Conversion
Chicago, IL	60,000 SF Industrial Building	100% Vacant Building
Chicago, IL	15,000 SF Retail Building	Walgreens Store / Environmentally Contaminated
McHenry, IL	15,000 SF Retail Building	Walgreens Store / Environmentally Contaminated
Chicago, IL	9 Single-Family Homes	Renovations
Palatine, IL	Non-Performing Note Secured by 10,000 SF SF Vacant Commercial Building	Land Assemblage / Environmentally Contaminated
Chicago, IL	12,500 SF Land Site	Vacant Gas Station Site / Environmentally Contaminated
Chicago, IL	14,000 SF Industrial Building	Environmentally Contaminated
Bellwood, IL	70,000 SF Industrial Building	100% Vacant / Environmentally Contaminated