The Oregon-based investor bought a 223-unit building at 123 North Desplaines from Marquette Companies and DWS.
Net monthly rent at Class-A downtown apartment buildings was $3.60 per SF in Q4, an increase of 2.6% from the same time frame ...
The city’s condo market is far from pre-pandemic health, but a rebound in sales last year suggest it’s starting to thaw.