Handler Buys Hyde Park Apartment
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|Chicago multifamily investor Stuart Handler has purchased the Madison Park Apartments at 1380 Hyde Park Blvd. for $15M, with a $12.9M loan from Northern Trust Co. The 150-unit building in President Obama's neighborhood will get a facelift with a new facade, roof, and fitness center. The owner of TLC Management Co. and about 2,400 units along the lakefront, Stuart purchased the building from Ibrahim Shihadeh.|