One of the most aggressive buyers of Chicago-area apartments has switched to the other side of the deal in a nearly $28 million sale in the northern suburbs, a price that likely was boosted by a low interest rate that the buyer assumed.
Apartment Investor Interrupts Chicago-Area Buying Spree With Nearly $28 Million Sale
FPA Multifamily Unloads 85-Unit Property in Vernon Hills, Illinois
By Ryan Ori
CoStar News
August 7, 2024 | 8:17 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Landing at Town Center
1255 Town Center Rd, Vernon Hills, IL
- Companies
- FPA Multifamily LLC
Real Estate