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This Week s Chicago Deal Sheet (March 3, 2022)

Don t miss the week s biggest deals in Chicago.

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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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Another large multi-housing community in suburban Chicago trades to NYC investor

CHICAGO, Jan. 10, 2022 – JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building located in the Chicago suburb of Lombard, Illinois.

Edward hospitalUnited statesDupage countyMarty oconnellKevin girardMatthew lawtonYorktown centerOakbrook centerCity viewButterfield roadNorthwestern medicine central dupageAdvocate good samaritanSenior director kevin girardSenior managing director martyo connellExecutive managing director matthewAsset management

JLL Brokers Sale of 403-Unit Apartment Community in Lombard, Illinois

JLL Brokers Sale of 403-Unit Apartment Community in Lombard, Illinois
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JLL Capital Markets Close Sale of 408-Unit Oak Brook Heights Apartment and Townhome Community in West Suburban Chicago Market

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.

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