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California investor closes in on West Loop apartments

Crain's Chicago Business, 2017-02, Vol.40 (8), p.12

Copyright 2017 Crain Communications Inc. All Rights Reserved. ;ISSN: 0149-6956 ;EISSN: 1557-7902

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  • Title:
    California investor closes in on West Loop apartments
  • Author: Gallun, Alby
  • Subjects: Apartments ; Condominiums ; Real estate sales ; Retirement communities
  • Is Part Of: Crain's Chicago Business, 2017-02, Vol.40 (8), p.12
  • Description: At that figure, the sale would generate a hefty gain for the developer, a joint venture of Chicago's Ascend Real Estate Group and Boston's Intercontinental Real Estate. While the West Loop renaissance bodes well for the property, investing in downtown apartments is increasingly risky as developers churn out new buildings.
  • Publisher: Chicago: Crain Communications, Incorporated
  • Language: English
  • Identifier: ISSN: 0149-6956
    EISSN: 1557-7902
  • Source: ProQuest Central
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