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Real estate investment firm expands workforce housing portfolio with Chicago acquisition

Turner Impact Capital buys Midpointe Apartments for $57 million
Turner Impact Capital bought the 423-unit Midpointe Apartments, a multifamily development spanning 393,244 square feet across eight buildings in the Mount Greenwood neighborhood in Chicago. (CoStar)
Turner Impact Capital bought the 423-unit Midpointe Apartments, a multifamily development spanning 393,244 square feet across eight buildings in the Mount Greenwood neighborhood in Chicago. (CoStar)
By Sarah Templeton
CoStar Research
January 28, 2025 | 3:57 P.M.

Turner Impact Capital, a real estate investment firm based in California, has announced the acquisition of its fifth multifamily property in Chicago as it continues to focus on acquiring and managing affordable housing options.

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