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Capri JV Closes On 11 Multifamily Properties for $325M

Whiteco Sells Majority Portion of 5-State Portfolio to Partnership
By Laurie Forbes
September 5, 2007 | 3:55 P.M.

Capri Capital Partners LLC, a Chicago, IL-based real estate investment advisory firm, led a joint venture that acquired most of Merrillville, IN-based Whiteco Residential’s multifamily portfolio for $325 million, or approximately $124,664 per unit. The partnership included Capri Select Income II fund and a private institutional investor.

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