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January 2, 2024

This Week's Chicago Deal Sheet

How Are Real Estate Trends Changing The Ways The Chicago Suburbs Live, Work And Play?

The John Buck Co. sold 3Eleven, a 25-story apartment building in River North, for $76M to Vista Property.

JLL represented the Chicago developer and its institutional partner. It also found the buyer and arranged the $47.75M acquisition financing. JLL represented the borrower to secure the loan through Freddie Mac Multifamily.

This Week's Chicago Deal Sheet

“We are very pleased to add the well-maintained and well-located 3Eleven to our growing portfolio of multifamily investments in Chicago,” Vista Property principal Hymie Mishan said in a press release. “We are big believers in Chicago’s multifamily market, its continued rent growth and strong demand.”The John Buck Co. completed the…

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