About Us

At Areté Property Development, we embody the essence of excellence in every facet of property management and development. Our name, Areté, reflects our commitment to achieving the highest standards of quality, professionalism, and personal connection in the industry. With a comprehensive suite of services tailored to meet the diverse needs of our clients, we are dedicated to not just fulfilling expectations but exceeding them.

Why Choose Areté Property Development?

We invite you to experience the Areté difference, where every interaction is an opportunity to demonstrate our dedication to excellence, expertise, and personal connection. Let us help you turn your property aspirations into achievements. Together, let’s create spaces that inspire and endure.

Join us on this journey of excellence. Discover the transformative power of partnership with Areté Property Development.

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Meet our Team & Leadership

01.

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Igor Jokanovic

President & Realtor


Igor Jokanovic holds a B.A. in Business Management from Rockford University and a M.B.A. in International Finance from Loyola University Chicago. He served as a Senior Relationship Banker at LaSalle Bank before founding Areté Renovators with his family and friend in 2002. Igor worked as a financial advisor for Morgan Stanley before going full time as an entrepreneur in 2008. Areté Renovators evolved in 2014 to a design and build firm with a full design studio center in the Albany Park neighborhood of Chicago.

Igor is also the founder of the American Southeast Europe Chamber of Commerce whose goal is to promote charitable endeavors and meaningful relationships between the southeastern region of Europe and the United States. In 2016, along with his wife and brother, Igor formed the new Board Of Directors at Council Oak Montessori School in Blue Island, IL. The school is thriving today and helping to shape its local community for many future generations.

Areté Enterprise (Areté) today includes Areté Fund Management - private equity fund, Areté Homes - buy and sell properties, and Areté Property Development - property management company. Areté is in a position today to provide clients a full real estate solution.

Igor lives in Blue Island, IL with his wife Lila, and their children Sara and Miles.

QUALITY, TRUST, AND FAMILY ARE THE TOP PILLARS OF HOW WE RUN THE BUSINESS.

02.

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Steliana Mladenova

Senior Property Manager & Realtor


Steliana joined Areté in 2015. She has a Bachelor’s Degree in Real Estate Economics from the University of Economics in Sofia, Bulgaria. After graduating, she worked for two years in one of the largest real estate agencies in Varna, Bulgaria before moving to Chicago permanently in 2014. Beginning as a Project Coordinator with Areté she now leads the Areté's Property Development division and also heads Areté Homes having obtained her real estate license in 2023. In her free time, she loves to go to concerts, travel to sunny weather destinations, and spend as much time as she can with her three-year-old son, Evan.

Our biggest standout differentiator from other teams is our backing of the Areté group of businesses...we can help clients work through the process of remodeling a newly purchased property or make updates for higher ROI when they are ready to list for sale.

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What sets Areté Property Development apart

What sets Areté Property Development apart from its competitors is our integrated, in-house approach to property development, management, and design. Harnessing over two decades of experience within the Chicagoland area, Areté reflects our passion for excellence, deep expertise, and commitment to forging lasting connections through every project we handle. Through our sister companies, Areté Renovators and Areté the Art of Design, we offer a blend of services that cover every aspect of property enhancement and care.

Over 20 years of experience

Trusted expertise for decades

Passion for excellence

Your vision realized with exceptional standards

Lasting connections

Building projects and relationships

Blend of  services

Your full-service development partner

Our Services

Creating Communities, Not  Just Rentals

We prioritize well-maintained properties and exceptional tenant experiences for a rental journey you'll love.

Frequently Asked Question (FAQs)

Everything you need to know about renting with us

Areté Property Development is renowned for its holistic approach to property management, combining expertise, personalized service, and a commitment to quality. Our experienced team handles every aspect of property management, from tenant screening to maintenance, ensuring your investment is in capable hands. We believe in building lasting relationships with our property owners, grounded in trust and transparency.

Our comprehensive marketing strategies and rigorous screening processes ensure we find reliable tenants efficiently. We utilize a variety of channels, including online listings, social media, and our extensive network, to attract potential tenants. Each applicant undergoes a thorough background and credit check to ensure they meet our high standards, providing you peace of mind.

Absolutely. We tailor our services to meet your needs, offering everything from full-service property management to specific services. Whether you prefer to be hands-on or wish to entrust all aspects of management to us, we accommodate your preferred level of involvement.

Our fees are structured to offer transparency and value, reflecting the comprehensive range of services we provide. We offer detailed breakdowns upfront, ensuring there are no surprises. For a personalized quote based on your property’s specific needs, please contact us directly.

Areté Property Development manages a diverse portfolio, including residential, commercial, and mixed-use properties. Our offerings range from luxurious apartments and homes to dynamic office spaces, designed to cater to varied lifestyles and business needs.

Renting with Areté is streamlined for your convenience. Start by exploring our available properties online. Once you find your desired property, submit a request for a showing or more information, and a member of the Areté Team will reach out to you. After you’ve completed our easy application and comprehensive screening processes, we’ll promptly communicate the next steps. We strive to make your move as smooth as possible.