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Two Illinois Firms Partner on Operations as Multifamily Sector Braces for Wave of Acquisitions

Marquette, Orion Look To Save Costs While Seeking Investments in Sun Belt
Marquette Cos. purchased Foxboro Apartments, a 402-unit multifamily property in Wheeling, Illinois, in 2020. (CoStar)
Marquette Cos. purchased Foxboro Apartments, a 402-unit multifamily property in Wheeling, Illinois, in 2020. (CoStar)
CoStar News
May 15, 2024 | 10:03 P.M.

Marquette Cos. and Orion Residential Advisors have announced a strategic partnership that will merge key operations at the Illinois-based companies as the entities look to accelerate growth in Southern and Western markets. The alliance comes as multifamily firms increasingly look toward gains in operational efficiency as a cost-saving measure and anticipation builds across the industry for discounted acquisition prospects, particularly in the Sun Belt.

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