Railway Plaza, Naperville, ILRailway Plaza, Naperville, IL

NAPERVILLE, IL—Less than two months after a partnership of BHEquities of Des Moines, IA and New York City-based CantorFitzgerald spent $78 million for a multifamily property in Aurora,IL, the partnership has added more than 400 units here to itsportfolio.

BH Equities and Cantor Fitzgerald has acquired the 417-unitRailway Plaza property in Naperville. Crain's Chicago Businessreports the purchase price was $96 million for the garden-stylecomplex that features 13 buildings.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.