A New York-based affordable housing preservation company has made its first acquisition outside of the East Coast, purchasing four Bronzeville properties as it looks to expand its footprint in the Midwest.
Hudson Valley Property Group has purchased a total of 155 affordable units at Drexel Court and Lake Park East, four multifamily buildings located at 4420, 4530 and 4700 South Drexel Blvd., and at 4725 South Ingleside Ave. HVPG said its entrance into the Chicago market is part of a larger expansion outside… Read the full story here. |