A Texas multifamily investor has paid $102 million for one of the Midwest’s largest build-to-rent properties, a 294-unit complex in suburban Chicago, in a bet on continued rent growth in the nation’s third-largest market.
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IN THIS ARTICLE
- Properties
- Orland Ridge
16966 Pond Willow Dr, Orland Park, IL
- Companies
- RPM
Real Estate
- Lormax Stern
Construction
- Contacts
- Mark Stern
Managing Director, Capital Markets, JLL
- Kevin Girard
Managing Director, Capital Markets, JLL