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Palatine Apartment Complex Trades Hands For $140M, Breaking Previous Record

Palatine Apartment Complex Trades Hands For $140M, Breaking Previous Record
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Palatine apartment complex sells for record $139 3 million

An Oak Brook investor has acquired a Palatine apartment complex for nearly $140 million, the most paid ever for a multifamily property in suburban Chicago. Albion Residential bought Bourbon Square, a 612-unit community at Lake-Cook Road and Illinois Route 53, from Los Angeles-based Broadshore Capital Partners, said Albion President Jason Koehn.

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Suburban garden-style apartments are 2022 s comeback kid

Suburban garden-style apartments are 2022 s comeback kid
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Largest deal to ever trade in suburban Chicago illustrates continued investor interest in Midwest apartments

Largest deal to ever trade in suburban Chicago illustrates continued investor interest in Midwest apartments
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Condo Deconversions More Difficult As Chicago Prices Soar

Condo Deconversions More Difficult As Chicago Prices Soar
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