A California-based affordable housing investor has completed its largest acquisition, paying $137 million for a 1,155-unit complex in the Chicago suburbs as apartment rents rise.
Affordable Housing Investor Pays $137 Million for 1,155 Units Near Chicago
Price Tag for Turner Impact Capital’s Largest Deal Believed To Be Record for City’s Suburbs
By Ryan Ori
CoStar News
February 2, 2022 | 6:45 P.M.
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IN THIS ARTICLE
- Properties
- Ellyn Crossing Apartments
440 Gregory Ave, Glendale Heights, IL
- Companies
- Turner Impact Capital LP
Finance and Insurance
- Rockwell Property Co
Management of Companies and Enterprises