WEST DUNDEE, IL-TA Associates Realty LLC, a Boston-basedpension-fund adviser, has acquired the Amli at Canterfield, a352-unit apartment complex situated in West Dundee, from aChicago-based apartment investor, Amli Residential Partners LLC,for nearly $59 million.


TA Associates Realty paid $166,200 per unit for the apartmentcomplex located at 50 Canterfield Parkway. People familiar with thedeal said that the West Dundee sale corresponded to a cap rate of5.5% to 5.75%. For the full story, go to Crain's Chicago Business.

GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.