Investor profile - IL
Savas Er
Savas Er is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 37 properties held through 64 holding companies. Recent mortgage relationships include CIBC Bank USA, Schaumburg Bank & Trust, and Wells Fargo Bank.
Savas's Activity
As of December 2025, public records show approximately $530.9M in recorded mortgage exposure linked to this investor across at least 76 mortgage filings and 37 properties held through 64 holding companies. Activity appears concentrated in commercial and vacant assets recorded between 2010 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60173, 60074, 60062, 60137, and 60139
Most recorded activity for this investor appears in CHICAGO, SCHAUMBURG, PALATINE, GLEN ELLYN, and NORTHBROOK.
Property Type Breakdown
Associated Entities (64)
IL · 1 property · 7 mortgages
IL · 1 property · 5 mortgages
IL · 0 properties · 5 mortgages
+61 more not shown
Mortgages (76)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/20/2025 | $21.5M | Open | Schaumburg Bank & Trust | NARE CROSSROADS OF SCHAUMBURG II LLC | 1200 N MEACHAM RD, SCHAUMBURG, IL 60173 |
| 07/02/2025 | $11.6M | Open | CIBC Bank USA | NARE 174 N MICHIGAN LLC | 3131 N CLARK ST, CHICAGO, IL 60657 |
| 06/27/2025 | $44.2M | Open | CIBC Bank USA | NARE TRIBUNE III LLC | 435 N MICHIGAN AVE, CHICAGO, IL 60611 417, AND |
+73 more not shown
Owned Properties (37)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 435 N MICHIGAN AVE, CHICAGO, IL 60611 417, AND | NARE TRIBUNE III LLC | Sold | $651k |
| 605 N MICHIGAN AVE, CHICAGO, IL 60611 4 | NARE 605 NMA II LLC | Owns - 16 mos | $494k |
| 174 N MICHIGAN AVE, CHICAGO, IL 60601 | 174 N MICHIGAN CHICAGO LLC | Owns - 20 mos | $4.0M |
+34 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial, vacant, and office properties across Chicago, IL-IN-WI.
What companies is Savas Er associated with?
Savas Er is associated with 64 entities based on extracted signatures from public records. Key entities include NARE BLOOMINGDALE LLC, NARE AURORA LAND LLC, NARE MARKET PLAZA LLC, NARE ROUND LAKE BEACH LLC, and NARE MEACHAM SQUARE LLC.
How many properties are associated with this investor?
At least 37 properties are associated with Savas Er and the entities they control, based on signatures extracted from recorded documents connecting Savas Er to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references CIBC Bank USA, Schaumburg Bank & Trust, and Wells Fargo Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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