A Flurry of Deals for Property Markets Group
Property Markets Group had a busy close to 2014, senior managing director Noah Gottlieb (left) tells us, with the acquisition of 1116 Washington (pictured), a 55-unit multifamily property in Oak Park. With the help of Oak Grove Capital’s Ryan Cahalan (right), the firm acquired three new multifamily properties and refinanced two others last year. Next month PMG plans to break ground on the “L,” its 120-unit TOD development at 2211 N Milwaukee in Logan Square, Noah tells us, offering downtown finishes and amenities in a trendy neighborhood setting. It’s also eyeing a few other neighborhood TOD projects around the city, he says.