CHICAGO-Capri Capital Partners LLC, an investors based in Chicago, is seeking buyers for eight out-of-state multifamily properties. The portfolio, which comprises 2,224 units, is valued at roughly $275 million.
The eight apartment complexes are located in California, Colorado, Nevada, Florida and Texas. Real Estate Alert said that the investor acquired the properties in 2007 from Merrillville, Indiana-based Whiteco Residential LLC for $238.1 million, or about $107,000 per unit. For the full story, go to Crain's Chicago Business .
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