The Top 10 Multifamily Sales In The Chicago Area (So Far)
Paced by Streeterville activity, the Chicago area is on pace to set a record for multifamily asset sales volume.
Paced by Streeterville activity, the Chicago area is on pace to set a record for multifamily asset sales volume.
Albion Residential has acquired Bourbon Square, a northwest suburban apartment complex, for $140M, reportedly a record price.
Sales volume records were shattered in the downtown core and suburbs.
A Nuveen affiliate purchased Uptown La Grange, a five-story, 254-unit property, for $87.8M from JVM Realty.
This is Lowe's second suburban apartment acquisition in the past four months.
At this rate, suburban multifamily sale volume may outpace Chicago's.
Two suburban apartment complexes were part of a multi-state, multi-property portfolio sale.
Marquette and JP Morgan Investment Management bought the 579-unit Willow Crossing last month for $80M.
The project will deliver in 2017.
Steadfast has been on an aggressive shopping spree the past 18 months.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.