CHICAGO, IL - JLL Capital Markets announced that it has closed the sale of 1717, a 175-unit, mid-rise apartment building in Evanston, Illinois.
JLL represented the seller, Invesco Real Estate, a global real estate investment manager. CBRE Investment Management acquired the asset on behalf of the CBRE Strategic Partners U.S. Value 9 fund.
Built in 2013, 1717’s units feature stainless steel appliances, granite countertops, recycled glass tile backsplashes, designer kitchen cabinet.
Apartment Building in Chicago's Northern Suburb Sold for $71M therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
JLL Arranges Sale of 175-Unit Apartment Complex in Evanston, Illinois rebusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rebusinessonline.com Daily Mail and Mail on Sunday newspapers.
CHICAGO, IL - JLL Capital Markets announced that it has closed the sale of Oak Brook Heights, a 408-unit, garden-style multi-housing community on the border of Westmont and Oak Brook, in West Suburban Chicago, Illinois.
JLL marketed the property on behalf of the seller, Investcorp, a leading global provider and manager of alternative investment products. FPA Multifamily acquired the asset.
Oak Brook Heights comprises one-bedroom apartments and two- and three-bedroom townhomes averaging 990.