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Too soon for ground-up apartments? In raising $100 million, Chicago’s Origin says no.

Investment firm plans five new projects in high-growth markets
Origin Investments plans to invest in a 353-unit apartment development in suburban Phoenix, shown in a rendering, from a $100 million fund that the Chicago firm is now raising. (Origin Investments)
Origin Investments plans to invest in a 353-unit apartment development in suburban Phoenix, shown in a rendering, from a $100 million fund that the Chicago firm is now raising. (Origin Investments)
CoStar News
November 5, 2025 | 5:23 P.M.

A Chicago real estate fund manager is looking to raise $100 million for ground-up multifamily developments in fast-growing markets where an oversupply of development in recent years has pushed down rents. The firm believes this strategy will lead to reduced competition and increased profits in the next wave of construction.

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