Property details
Chicago, ILlinois
West Loop Multifamily Development Portfolio
Investment type
Development
Asset Class
Multifamily
Ownership Structure
Joint Venture
Year Acquired
2014
Investment Summary
Syndicated invested alongside Michigan Avenue Real Estate Partners in the development of four high-quality, mid-rise apartment buildings in the desirable West Loop neighborhood of Chicago.
The development is comprised of four, five-story buildings with luxury finishes, heated and enclosed on-grade parking, and a concierge type of property management service. The properties are located at1002 West Van Buren, 1235-45 West Jackson, 1239-47 West Madison, and 1040 West Monroe and will have a combined total of 331 apartment units and 2 commercial units.